Small Business and Business Software

California Dream Fund Small Business Application

California Dream Fund Small Business Application – The Dream Fund is officially closed. We have donated over a million dollars to small businesses in our area.

The purpose of the Dream Fund is to provide financial support and entrepreneurship, as well as technical assistance to aspiring entrepreneurs in underserved business groups, including minorities and women.

California Dream Fund Small Business Application

California Dream Fund Small Business Application

Applying for a Dream Fund grant is a two-step process. The first is to be approved, which means you must have an established business center (started after July 1, 2019), you must complete a small business/entrepreneurship curriculum (see curriculum vitae) and one-on-one counseling, you must complete a 90-day fast and receive one year of support Technically, and you must meet the criteria for a new start-up project that meets the following:

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If you meet the eligibility requirements and have completed the Betting Big Accelerator program or the FRIEND training program, you will be invited to claim up to 10,000 cash.

If you have not completed both courses but meet the eligibility requirements, you must register and attend the course, beginning April 12, to be eligible for funding. After completing eight courses, you can apply for a grant.

The California Dream Fund program is sponsored by the State of California and administered by the California Office of the Small Business Advocate (CalOSBA). Eligibility criteria apply. The OCIE SBDC Network partners with the California Office of Small Business Administration (CalOSBA) to provide eligible small businesses with the opportunity to apply for the award.

Businesses started on or after July 1, 2019 are eligible to apply for California Dream Fund grants.

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To be eligible to apply, businesses may apply for the OCIE SBDC Initiation Program. After completing the multi-week program and all requirements, business owners qualify for a grant of up to $10,000.

The California Dream Fund is a $35 million program that provides up to $10,000 in grants to entrepreneurship and small business startups in California that began on July 1, 2019. Later grants are available to eligible businesses. everything. Eligibility criteria and completion of the small business training program offered by the OCIE SBDC.

The OCIE SBDC only provides necessary training programs and consulting assistance to businesses as they proceed through the application process but will not make award decisions.

California Dream Fund Small Business Application

The California Dream Fund (CDFG or Dream Fund) was established in 2021 by the Senate Bill. 151 to provide microgrants of up to $10,000 to promote entrepreneurship and small businesses in disadvantaged small groups that face a lack of investment and opportunities. These microgrants are available to start-up clients who participate in intensive startup training and consulting at designated companies and technical small business expansion programs.

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Your business is eligible to apply for the California Dream Fund if: The business must be located in Orange, Riverside or San Bernardino County The business must have started on or after July 1, 2019 Complete all OCIE approved training SBDC training programs Started one-on-one consultation with OCIE SBDC Obtained licenses and permits to start a business in the state of California Complete California Dream Fund Approved business plan Must have “qualifying documents” to start a business Must be officially registered to do business in Orange, Riverside , or San Bernardino County Businesses can start a non-registration program but must show proof of registration before being sent a gift. Business registration must have taken place on or after July 1, 2019. Companies must also demonstrate that they are “in business” by completing one of the following: Made their first sale Acquired at least one employee, oEstablished a business banking relationship, oSpent money on business expenses (this includes accounting and bookkeeping expenses) You must participate in the site “How to Completing the California Dream Grant” Site must agree to complete a survey each time it shares business information. You must not have been employed by Norcal SBDC Network or one of its subsidiaries within the past 18 months or be a family member of the employee. You must not have received Funding Support from another institution.

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Complete the OCIE SBDC approved Dream Fund training program. Start a 1-on-1 consultation with an OCIE SBDC consultant. Complete the following requirements: California Dream Fund Approved Business Plan Complete all necessary licenses and permits to start a legal business Open a business bank account Have a “Qualified” event to start a business. Sales Employ an employee W-2 Business Investment Complete a survey to complete the training program. Attend the OCIE SBDC website. Receive a certificate of completion and a unique code to apply for a loan from OCIE SBDC. Apply for a California fund.

Eligible events include: You must be officially registered to do business in Orange, Riverside, or San Bernardino County. Business registration must have occurred on or after July 1, 2019.

A small business is considered a business with 5 or fewer employees and $1 million or less in gross revenue.

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Because funding is limited, this assistance program is only available to businesses that complete all aspects of the training program together (including meeting with an SBDC advisor). OCIE SBDC plans to award approximately 600-700 students through the OCIE SBDC California Training Fund on 12/31/2022. The program is on a first-come, first-served basis, and it is possible that all participants who have completed training and workshops are not eligible for funding.

No, the California Dream Fund is first-come-first-served. About 650 grants will be awarded in the region, according to the OCIE SBDC.

There is no application deadline, but the program is on a first-come, first-served basis. There is also limited space in each training group so we encourage you to register as soon as possible.

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California Dream Fund Small Business Application

Eligible companies can apply for up to $10,000. Grant Amount – $10,000Brick and Mortar Business with Lease Signed Technology CompanyChildcare Business Manufacturing Business Grant Fund – $5,000E-Business Established BusinessMakers SpaceFood/Catering Business (Non-leased Space) Market/SwapmeetMobile Beauty Business Lease of Entire Space (Office Space, Salon ‘ Beauty, Swapmeet, etc.)

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Can a business enroll in more than one Dream Fund program? Can I apply for more than one grant?

Each Dream Fund participant can only apply once for funding, regardless of the business they plan to launch.

To be eligible for California Dream, participants must attend each session of the training program they are enrolled in.

The OCIE SBDC anticipates that 600-700 grants will be awarded to businesses in Orange, Riverside, and San Bernardino counties.

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Immigration status or citizenship are questions asked for admission. Applicants must be over 18 years of age.

OCIE SBDC is here to prepare you to successfully launch your business. Our range offers the ability to choose industry specific plans or general business plans based on the type of business you are trying to start. The SBDC program covers topics related to business planning, finance, marketing, sales, personnel, licenses and permits and more. In less than 12 weeks, we go from concept to actual sale on one of our branded sites such as our e-commerce site, selling at a local market or using a commercial kitchen or a produce factory. locations. All programs range from 8-12 lessons in length and are led by our SBDC expert counselors and are offered free of charge in Orange, Riverside and San Bernardino counties.

Not sure where to start when starting a project? SBDC Start Up will provide you with the information and skills to start your business.

California Dream Fund Small Business Application

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