Topanga Canyon Business Interruption Fund Now Open
Assisting businesses significantly impacted by the loss of customer support and business revenue due to the landslide that closed Topanga Canyon Boulevard (State Route 27) on March 9, 2024.
Now accepting applications from July 1, 2024 at 9am through July 26, 2024 at 5pm.
The Topanga Canyon Business Interruption Fund (BIF), funded by LA County Supervisor Lindsey P. Horvath and administered by LA County’s Department of Economic Opportunity, is designed to support qualified businesses who have experienced a significant impact by the loss of customer support and business revenue due to the Topanga Canyon road closure with grant awards up to $10,000.
Application Workshops
To help the impacted businesses understand the BIF and application process, the County and the Office of Supervisor Lindsey P. Horvath hosted in-person and virtual workshops prior to July 1st where our representatives walked through the guidelines and application process. If you missed these sessions, as you can access the presentation and application guidelines below.
Eligibility Requirements
Applicants must meet all of the following requirements:
- Geographic Boundaries: Grantees must meet a minimum of ONE of the following geographic boundaries:
- Business has an address on Topanga Canyon Blvd. between slide and Mulholland;
- Business has an address on Old Topanga Canyon between Topanga Canyon Blvd. and Mulholland; or
- Business has an address one quarter (1/4) mile radius from the road stretches mentioned above.
- Type of Business: Grantees must be a storefront commercial business not located in a home. Nonprofit organizations, law firms and real estate offices or agencies are not eligible.
- Demonstrate Significant Impact: Grantees must demonstrate that they have experienced a significant impact which is defined as a minimum of 50% decrease in gross revenue since March 9, 2024.
- Business Registration Date: Grantees must be registered to do business legally in the state prior to January 1, 2024.
- 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.
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.
In the News
New initiative to help small business owners in Topanga suffering from road closure (NBC 4)
Topanga Canyon Boulevard to reopen Sunday, months ahead of schedule
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