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The Los Angeles Department of Economic Opportunity announced the launch of their new Economic Opportunity Grant (EOG) program, which will distribute more than $54 million across 6,800 grants to small and microbusinesses and nonprofit agencies, prioritizing the most COVID-impacted and highest-need communities and organizations in LA County.
Phase One, beginning today, targets microbusinesses with under $50k in revenue and will award grants of $2,500 per grant, funded by the California Office of the Small Business Advocate. Interested applicants can visit grants.lacounty.gov today to:
Apply now & view full eligibility criteria
Access the EOG Application Assistance Center
Connect to one-on-one virtual or in-person events
Stay tuned for the launch of Phase Two in February 2023. Grants in Phase 2, funded by the American Rescue Plan Act (ARPA) will award $15,000 or $20,000 per grant for small businesses, and $20,000 or $25,000 per grant for non-profits. EOG will run through May 2023 or when available funds are expended.
Help us spread the word about EOG! Please use the following materials to share information Countywide:
Access our EOG Fact Sheet
Share social media content from our centralized ARP Digital Toolkit & tag @EconOppLA on Facebook, Instagram, and Twitter!
Catch Team DEO in the News
Special thanks to our partners Lendistry and the LA Small Business Development Centers, who've been helping Team DEO create a streamlined, central application portal for EOG and help us connect with hard-to-reach communities.
Phase One is Open now until March 25, 2023
Connect with DEO's Office of Small Business
Our Office of Small Business (OSB) can help residents access customized one-on-one business counseling, free legal assistance, specialized workshops, trainings, & more. Contact the OSB at 844-432-4900 or via email at OSB@opportunity.lacounty.gov.
For Immediate Release
February 22, 2023
LA County’s $54 Million Economic Opportunity Grant Program to Open to Microbusinesses, Small Businesses, and Non-Profits
Los Angeles, CA – On Thursday, February 23, 2023, the Los Angeles County Board of Supervisors and the LA County Department of Economic Opportunity (DEO) will announce the launch of Phase 2 of the Economic Opportunity Grant (EOG) program for qualified microbusinesses, small businesses, and nonprofits in LA County.
DEO launched Phase 1 of the EOG program on January 25, 2023, initially accepting applications only from microbusinesses ($2,500 per grant), and is now expanding the program to include small businesses ($15,000 or $20,000 per grant) and non-profits ($20,000 or $25,000 per grant). EOG will award more than $54 million across 6,800 grants to regions and organizations adversely affected by COVID-19.
These grants are funded through the California Office of the Small Business Advocate and the federal American Rescue Plan. DEO has partnered with Lendistry and the Los Angeles Small Business Development Center Network (SBDC) to create a central application portal for the EOG program available at grants.lacounty.gov and to facilitate direct concierge support to applicants.
Grant Program Has
$54 Million to Disburse
Applications are open for the first phase of the Economic Opportunity Grant program launched by the county and being administered by downtown-based Lendistry and the local Small Business Development Center. “It’s a wide range of what they might be leveraging the money for,” said Lendistry Chief Executive Everett K. Sands. “It’s interesting in terms of what the businesses utilize the money for, and you’d be surprised.”