Los Angeles Conservancy Legacy Business Grant Program Information
The Los Angeles Conservancy is thrilled to announce a new grant program available to longtime small businesses within Los Angeles County.
Thanks to the support of Wells Fargo, the Conservancy’s Legacy Business Grant will award ten $5,000 grants to eligible small businesses that have operated and contributed to their community’s history and/or identity for at least 20 years. There will be two rounds of funding, and we will award five grants in each round.
Round 1: November 3 – December 7, 2022
Round 2: February 8 – March 8, 2023
When can I apply?
There will be two rounds of funding. The Round 1 application cycle will be November 3 to December 7, 2022. The Round 2 application cycle will be February 8 to March 8, 2023.
When is the deadline to submit my application?
Round 1: Wednesday, December 7, 2022, 11:59 p.m. PST
Round 2: Wednesday, March 8, 2023, 11:59 p.m. PST (This application cycle will open on February 8, 2023.)
How will grant recipients be selected?
Completed applications meeting eligibility requirements will be reviewed and evaluated by the Conservancy’s selection committee. To help advance equity in our communities, applicants whose businesses are in Qualified Census Tracts (QCTs) and census tracts that are disproportionately burdened by, and vulnerable to, environmental, health, and socioeconomic factors will be weighted more heavily in the selection process. QCTs are a designation used by the U.S. Treasury and U.S. Department of Housing and Urban Development (HUD) to define underserved and disproportionately impacted communities. QCTS are census areas where at least half of households have lower income than most of the surrounding region. More details about QCTs can be found on the U.S. HUD website. CalEnviroScreen uses environmental, health, and socioeconomic information to produce scores for every census tract in the state.
How can grants be used?
You can use the grant funds to serve your customers better and grow your business. Examples of eligible use of funds include:
- Employee payroll
- Employee retention bonuses
- Rent, utilities, and insurance
- Payment of outstanding business expenses
- Adaptive business practices needed to operate the business
- Business equipment
- Building improvements
- Grant funds may not be used for work completed before the receipt of the grant.
Do I have to pay this back?
No. This is not a loan.
Is this program affiliated with the City of Los Angeles’s Legacy Business Program?
No, this is a separate grant program offered to legacy businesses by the Los Angeles Conservancy.
What is the Round 1 program timeline?
November 3, 2022: Program announced
December 7, 2022: Application period closes at 11:59 PT
Mid-January 2023: Notification of selected legacy businesses
Late January 2023: Awardees publicly announced
January to July 2023: Funded projects underway
July 2023: Project completion
Will there be any media coverage about the legacy businesses selected?
Yes, the Los Angeles Conservancy will feature selected legacy businesses in grant announcements, promotional materials, and possible media features. Additionally, grant recipients will receive a promotion toolkit with information and assets to promote their grant and business.
Additionally, grant recipients will receive a promotion toolkit with information and assets to promote their grant and business.
The Los Angeles Conservancy’s Legacy Business Grant Program was made possible thanks to the generous support of Wells Fargo.
