Los Angeles

Together for LA

Report on how Business and Economic Development Leaders respond to this and future crises

The COVID-19 pandemic of 2020 has not only been a public health disaster, it has caused massive social and economic fallout throughout the United States and the rest of the world. The importance of small business to the region has been widely recognized by both the public and private sectors. Combined, local government, businesses, and community foundations have mobilized more than $204 million dollars toward COVID-19 small business relief efforts to date. This is the single largest metropolitan small business relief effort in the United States, followed by Chicago, New York, Miami, and Dallas.

Made possible thanks to the generous support of Wells Fargo, Together For LA: First Report on LA’s COVID-19 Small Business Response captures how this response has evolved, identifies key challenges, and provides insights and recommendations from a diverse range of small business owners and leading economic recovery assistance providers in Los Angeles.

Unemployment in LA County reached a high point of 21.1% in May with 716,000 jobs lost to date. As of October data, the unemployment rate had declined to 12.3 percent, a significant recovery, but still historically high.  Much more needs to be done and the situation is tenuous for most small businesses in the region. Over 140,000 small businesses have applied for assistance to date in the LA region.

This report covers the challenges identified by public and private sector economic responders, and offers recommended next steps to increase the resilience of the small business community and the broader economy.

READ THE REPORT

Wells_Fargo_Logo_2020.png
ISD logo.png
LAEDC-RGB.jpg
LA chamber.png
Lisc LA.png
dr_lj_logo.jpg
City of LA.png
1200px-Seal_of_Los_Angeles_County,_Calif

Resources for Small Businesses:

 

General Resources:

City of Los Angeles COVID Resources

LAEDC Resources

LA County Disaster Help Center

Los Angeles Area Chamber of Commerce

PPE For Small Businesses

COVID Toolkit for Businesses

Grants:

California Small Business COVID-19 Relief Grant Program

Shuttered Venue Operators Grant

FOUND/LA Small Business Recovery Fund

My LA 2050

Visa She's Next Grant Program for Black Women-Owned Businesses

FedEx Small Business Grant

The Stavros Niarchos Foundation (SNF) Small Business Growth & Recovery Fund

Uber Eats Grant

Shuttered Venue Operators Grant

FOUND LA/Small Business Recovery Fund

Mini-Grants for Black Owned Businesses

Small Business Grant Program in Santa Ana, CA

Facebook Small Business Boost Program

LISC Verizon Small Business Recovery Fund

​Salesforce Care for Small Businesses

The Los Angeles Development Fund

The Mayor’s Fund for Los Angeles

Facebook Small Business Grants Program

FedEx Small Business Grant Contest

 

Loans:

Small Business Stabilization Loan Program

California rebuilding fund

USC credit union accepting Paycheck Protection Program applications

City of Los Angeles Microloan Program

COVID-19 Economic Injury Disaster Loans

Disaster Loan Assistance

Small Business Loan Program

Major Projects Loan Program

IBank Loan Guarantee Program

California Coastal Rural Development Corporation Loans

Kiva Loan

National Development Council

LISC:

Supporting Small Businesses During COVID-19: A Toolkit for Local Governments

LA County Information for Small Businesses

“Stand for Small” to Support U.S. Small Businesses

 

Women Owned Businesses:

Amber Grant

Google Small Business Fund

The Women’s Business Enterprise National Council Resource Center

Black Women Owned Businesses:

She’s Next Grant Program

Black Owned Businesses:

Power Forward

NAACP Bey Good Black Owned Small Business Impact Fund

Coalition to Back Black Businesses

 

Jewish Owned Businesses:

Jewish Free Loan Association

Latinx Owner Businesses:

Love Not Fear Fund

211LA Resource Organization

Hispanic Business Center

Accion Small Business Loans

Immigrant Workers:

SoCal Gas Waiving Payment 

Free meals for LAUSD students 

LAUSD will be opening 40 Family Resource Centers 

Employment Rights of Undocumented Workers

Military Owned Businesses:

Military Connected Business Resource Center

Veterans in Media & Entertainment

California Military Family Relief Fund

Asian Owned Businesses:

Asian Business Association

Asian/ Pacific Islander American Chamber of Commerce and Entrepreneurship 

Asian Pacific Community Fund

Asian Women Giving Circle Grants

Senior Care:

The Eisner Foundation Rapid Response Fund