Some LA small businesses, vendors facing economic uncertainty eligible for up to $10,000

Small businesses struggling financially have another program they could qualify for to help pay the bills.

The program is for businesses in Council District 1, which includes the neighborhoods of Koreatown, Pico Union, Westlake, MacArthur Park and Highland Park.

Individual brick-and-mortar businesses can qualify for grants ranging from $5,000 to $10,000, while street vendors can receive about $3,000, according to city officials. A total of $400,000 is available through the program, and applications are now open. 

Councilmember Eunisses Hernandez announced the program’s goal, describing it as a way to support locally owned businesses navigating rising operating costs, shifting customer patterns, and the impacts of recent wide-scale events, like the ongoing immigration raids, along with wildfires, and broader economic uncertainty.

Small businesses struggling financially have another program they could qualify for to help pay the bills.

Who is eligible?

The program is open to independently owned businesses and street vendors located within District 1.

To qualify, businesses must have a valid Los Angeles business license and have been operating in Council District 1 since December 2020, with some flexibility for street vendors. They also need to show they’ve been financially impacted by any largescale events, like the COVID pandemic, immigration enforcement, or the broader economy. Businesses that changed owners can also apply if they’re essentially running the same operation.

How can the money be used?

Grants can be used for daily operational expenses, including rent, payroll, utilities, overhead and other business costs. Roochnik said the funding could also help businesses cover missed rent payments.

Who is running the program?

The grants will be distributed in partnership with the PACE Business Development Center and New Economics for Women. The two organizations provide support to small and immigrant-owned businesses across Los Angeles.

How will recipients be selected?

Funding will be distributed on a first-come, first-served basis, with applications remaining open until funds run out, Roochnik said. 

What’s the goal?

Hernandez said the program is meant to help stabilize neighborhoods that have been affected by immigration enforcement and economic hardships.

“These small businesses are the backbone of our neighborhoods,” she said, adding the funding is meant to help them “stay open, keep workers employed, and continue serving our communities.”

Naomi Villagomez Roochnik, CD1 communications director, said the announcement was made during a press conference at Delicias Bakery and Some, a longtime Latina-owned business in Highland Park. The neighborhood has experienced significant rising rents due to gentrification and the location was meant to highlight the kinds of businesses the program is meant to support.

How to apply:

To apply, small businesses and vendors can complete the application at bit.ly/cd1smallbizsupport.

Is this a one-time program or part of a larger effort?

The grant is part of a pilot program, with the possibility of it expanding depending on demand and outcomes. The council office has launched similar aid efforts in the past, Roochnik said, such as food distribution and rental assistance. 

Businesses that may not qualify for this specific grant can be connected to other resources, according to Roochnik, including the city’s legacy business program, which is for businesses operating for at least 20 years. 

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