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Posted on: December 1, 2020

Governor Newsom Announces Immediate Assistance for Businesses Impacted by COVID-19

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On Monday, November 30, 2020, Governor Newsom announced several new financial assistance programs for businesses and nonprofits in California. 

The programs include:

-    Extension of temporary tax relief for businesses

-    New $500 million in grants for businesses and nonprofits (up to $25,000 each) to be released in early 2021

-    Increasing the amount in the existing CA Rebuilding Fund for small businesses by $12.5 million. 

Please use this link to learn more about these programs, launch dates, and application requirements.


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