LA County Second District Business Interruption Fund
Assisting businesses significantly impacted by the loss of customers and revenue due to major, recent interruption events. Applications will be accepted starting from Monday, October 7, 2024 at 9am through Thursday, November 7, 2024 at 5pm.
The Second District Business Interruption Fund (BIF) is funded by LA County Supervisor Holly J. Mitchell and administered by the LA County Department of Economic Opportunity. It is designed to support qualified businesses who have experienced a significant, negative business interruption in the last calendar year between October 7, 2023 and October 7, 2024 with grants of up to $10,000.
Application Workshops
To help impacted businesses understand the BIF and application process, the County and the Office of Supervisor Mitchell will be hosting both in-person and virtual workshops prior to October 7 where our representatives will walk through the guidelines and application process.
Virtual Session
Wednesday, October 2
from 6pm to 7pm (via Zoom)
RSVP Here
In-Person Session at Florence Library
Thursday, October 3 from 6pm to 7pm
7807 Compton Ave, Los Angeles, 90001
RSVP Here
Eligibility Requirements
Applicants must meet all of the following requirements in order to qualify. But please note that funding is very limited and thus, meeting eligibility requirements does NOT guarantee a grant award.
1. Geographic Boundaries
Grantees must be in District 2. If you need help determining if you are in District 2, please CLICK HERE.
2. Business Revenue
Grantee must submit 2023 tax return and clearly show annual revenue of $1.5 million or less. Businesses with 2023 revenue above $1.5 million will NOT be considered.
3. Qualifying Event
Grantee must submit a claim for at least one (1) of the following business interruption event categories:
- Natural disaster (e.g., earthquake, fire)
- Construction project (e.g., a street improvement temporarily eliminates parking for a business)
- Major homeless encampment
- Labor dispute (e.g., union strike)
- Notable civil unrest event
- New government regulation (e.g., a government ban on an integral supply used at a business)
- Major crime event (e.g., “smash n grab”)
- Illegal Dumping
Please note: Businesses will NOT be eligible if they already have insurance that covers the loss.
4. Type of Business
Grantees must be a storefront (“brick and mortar”) commercial business not located in a home. In addition, certain business types are not eligible. Click here for a full list of ineligible businesses.*
5. Demonstrate Significant Impact in the Previous Calendar Year
Grantees must demonstrate that they have experienced at least a 10% decrease in gross revenue during target period OR have experienced a single short term event that resulted in significant business loss.
If the former, target period must fall between October 7, 2023 and October 7, 2024 (though your qualifying event may have begun prior to October 2023). Your target period must then be compared against the same time period from the previous calendar year.
6. Supporting Evidence to Show Impact
Please submit short, easy-to-understand documentation that supports your specific claim. Examples of this include, but is not limited to:
- Photos or video (preferably time stamped)
- News media (e.g., online or print articles)
- Online reviews (e.g., Google or Yelp)
- Police/law enforcement reports and/or call records
- Email records (time stamped) discussing the qualifying event you are claiming
- Other written documentation (such as City or Neighborhood Council meeting minutes, Business Improvement District or business association communications, etc.)
7. Business Registration Date
Grantees must be registered to do business legally in the state of California prior to January 1, 2024.
8. Business in Good Standing
Grantees must be active businesses currently in operation and in good standing with all local, state and federal taxing and licensing authorities.
Grantee Selection
In addition to being reviewed based on the eligibility criteria, applicants will also be scored and selected according to factors determined by the County, including location in a highest/high need area based on the County’s Equity Explorer Mapping Tool and other factors.
Funding is limited and meeting eligibility criteria does not guarantee a grant award.
DEO’s Office of Small Business (OSB)
The Department of Economic Opportunity is home to the Office of Small Business – LA County’s one stop shop dedicated to help small – micro business owners and entrepreneurs kick start and grow.
Sign up for one-on-one counseling, and more!
Learn more about OSB here.
Stay Connected
Stay connected and get notified on the latest BIF updates by signing up here.
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