Small Business, Big Heart

The application for this program is now closed.

 In the summer of 2020, we awarded 184 small businesses no-strings-attached grants with funding from Signature Bank and TMC Financing.

Hear from one of our recipients

Hear from one of our grant recipients, Sweat an Oakland gym, about the impact of receiving the grant for their business and their members. Their members are also featured expressing their gratitude for having the gym available in their community.

 

 Now Closed

Small businesses are the heart of our community, yet they have been hit the hardest by recent events. To help businesses on their path to recovery, TMC Community Capital is offering grant support made possible by Signature Bank and TMC Financing.

Support your local businesses today! Tell us which businesses mean the most to the community. Community members can nominate a small business for a grant by sharing on our Facebook or LinkedIn why they matter to the community and adding #TMCSmallBizBigHeart.

It’s a win - win!

Business owners get publicity and are entered into a lottery selection for up to $10,000.

Start Date: July 16th, 2020

New End Date: August 28th, 2020 at 12:00pm (noon)


Eligibility

  • Revenue under $1M

  • Less than 30 employees (sole proprietors welcome)

  • Founded by March 1st, 2019

  • Business location in the cities of Oakland, Los Angeles, and San Francisco

  • Adversely impacted by COVID 19 or recent civil unrest

  • PPP Loan recipients are only eligible for reimbursements

  • No: Nonprofits, cannabis related businesses, adult entertainment businesses, or religious organizations


Grant Amount

$2,000/full-time employee + reimbursements for physical property damages and loss of inventory, up to $10,000


Use of Funds

General operating expenses and reimbursements for physical property damages and loss of inventory


Required Documents

  • Copy of your current City Business License

  • Copy of your 2019 Tax Return

  • If you have employees, a copy of Form 941 for Q1 2020

  • If applicable, receipts for property repairs or loss of inventory


Selection

Complete applications will be entered into the lottery for selection. Ten businesses will be drawn every Monday, Wednesday and Friday until all funds are dispersed. Lottery winners will be contacted via email and announced on social media. You can also view some grant winners by clicking the button below.