You are here
Funding Opportunities
$0 - $25,000
Emergency Support for Small to Mid-sized Nonprofits (500 Employees or Fewer)
The bill creates a new Emergency Small Business Loan program within the SBA 7(a) loan program. To be eligible, nonprofits or for-profits must have been in existence on March 1, 2020 or earlier and have 500 or fewer employees. An important provision: under this new program, loans are forgivable if the nonprofit or for-profit keeps staff on the payroll between March 1 and June 30. This, in essence, turns the loan into a general operating support grant. Forgivable loans of this type can be taken out for as much as $10 million and can be used to meet payroll and associated costs (including health insurance premiums), facilities costs, and debt service.
The SBA currently has Economic Injury Disaster Loans (EIDL). The existing program provides loans of up to $2 million at an interest rate of 2.75 percent for nonprofits. These loans may be used to pay fixed debts, payroll, accounts payable and other bills that can’t be paid because of the disaster’s impact.
But we’re hearing reports from the field about conflicting messages from SBA offices.
The relief bill would change the EIDL to eliminate creditworthiness requirements and eligible nonprofits with 500 employees or fewer are supposed to be able to get checks for $10,000 within three days.
$0
The mission of Bank of the West's Charitable Investments Program is to help meet the needs of the communities we serve by supporting nonprofit organizations dedicated to improving quality of life, particularly for low- and moderate-income individuals and communities. Projects meet Charitable Giving Categories; relevant categories include: 1) Financing services and technical assistance programs for small businesses and farms; 2) Job training and vocational programs, including literacy and basic-skills education, for low- to moderate-income adults; 3) Programs that promote civic engagement.
$0 - $0
HAVE A RESTORATION PROJECT THAT NEEDS FUNDING?
Paid members can promote their projects to potential supporters through the Business for Water Stewardship Bank
The Business for Water Stewardship Bank supports growing business interest in projects that restore river flows and recharge ground water, and expands funding opportunities for dues-paying River Network member organizations and their water restoration projects.
$100,000 - $30,000,000
The recently passed CARES Act, enacted in March 2020 in response to the community and economic impacts caused by the COVID-19 pandemic, provides the U.S. Department of Commerce’s Economic Development Administration (EDA) with $1.5 billion to disburse as soon as possible to affected communities.
States, local governments, tribes, and nonprofits can apply for this EDA funding to plan and implement economic recovery strategies through the established Economic Adjustment Assistance (EAA) program. EDA is now accepting applications, which will be reviewed on a first-come, first-served basis.
Eligible EAA projects include:
● Comprehensive Economic Development Strategy or disaster recovery plans
● Construction or upgrades to public infrastructure, including broadband
● Construction and operations of business incubators
● Capitalization of revolving loan funds to improve access to private capital
● Activities that support the creation of businesses and jobs, including economic diversification strategies
● Market or industry research studies, technical assistance, and training
RiversEdge West's
mission is to advance the restoration of riparian lands through collaboration, education, and technical assistance.
