Placer Community Foundation
Tahoe Truckee Community Foundation
Placer Shares is sharing an additional $5 million with small businesses and nonprofits (in Placer County) impacted by the COVID-19 pandemic. Grants
The Placer County Board of Supervisors recently allocated $5 million for additional rounds of business grants, with $2 million earmarked for small businesses
and $3 million earmarked for safety-net nonprofits
Of the $2 million for small businesses, the Board allocated approximately $1.2 million to fund all eligible applications to the extension of the Placer Shares Grant Program that closed on October 23. Approximately $800,000 remains to be allocated in Placer Shares Impact Grants.
- Eligible businesses may receive up to 2% of their 2019 revenue or $50,000, whichever amount is lower. For example: If your 2019 revenue was $1 million, you may request up to $20,000. If your 2019 revenue was $5 million, you may request up to the maximum of $50,000.
This is a grant program, not a loan, so small businesses and nonprofits will not need to pay any money back. The only exception is if you do not use all the funds, or if you do not use them in the manner stated on your application. Not all applications submitted will receive funding.Applications
All applications must be completed online
. No physical applications will be accepted (in person or via mail). Deadline
Businesses may apply November 12-20, 2020 until 9:59 PM PST on Nov. 20th.
Nonprofits may apply Nov. 16-Dec. 7, 2020.Receiving Grants
You will be notified by email if you are to receive a grant. Check your email, including your spam folders. Emails to all applications will come from email@example.com
. A paper check will be sent to the address on your application.
- Visit the FAQ website
- If you still have questions, contact Placer Community Foundation office at 530-885-4920 for nonprofits located on the Western slope (Emigrant Gap to Roseville), or contact Tahoe Truckee Community Foundation office at 530-587-1776 for nonprofits located on the Eastern slope (Soda Springs to the eastern county border).