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Small Businesses Hit By Covid-19 Can Still Apply For Relief From Regional Recovery Fund
Brian Kito's family confectionary Fugetsu-Do is facing its biggest test yet with the coronavirus crisis. (Little Tokyo Service Center Small Business Assistance)
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Small businesses in Los Angeles County needing financial help due to COVID-19 are getting another chance to apply for relief this week.
Applications are now being accepted (through Friday) for the LA Regional COVID-19 Recovery Fund. It's one of the last rounds for the $100 million pool launched in July to help non-profits and small businesses recover from the pandemic.
Relief will take the form of grants (from $5,000 to $25,000), micro-loans, free coaching and one-on-one technical help to applicants who want it.
The selection process has a built in "equity lens" designed to give priority to business owners from low and moderate income communities, or areas with low educational attainment and/or higher poverty rates.
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Interested business owners can apply and check their eligibility at LACovid Fund.org.
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