Business Assistance Programs
Small Business Grant Program
Lottery Entries Now Closed
The City is offering a small business grant program using American Rescue Plan Act funds to assist Claremont small business impacted by the pandemic.
The Claremont Small Business Grant Program offers eligible small businesses grants of up to $20,000 to create or retain a job for a low- or moderate-income person. The standard grant amount is $15,000 and an additional $5,000 is offered for businesses that participate in the Claremont Colleges IC2 Internship Program. The grant funds can be used for a variety of operating and business expenses, including rent and utility assistance, obtaining inventory and supplies, payroll, employee hiring and retention, and marketing. Staff is proposing to utilize a lottery system to select at least twenty (20) eligible businesses.
The lottery entry form closed February 15, 2024. Businesses were asked to fill out a simple lottery entry form to be included in the lottery. Businesses selected through the lottery will be required to fill out a longer application and provide supporting documents. This program is for businesses with fewer than 100 employees.