Capital Infusion Program (CIP)

$3 million is provided each year for Small Business Development Centers' local cash match funding. Funding is designated to support SBDC networks to help businesses in California access capital. Funding is only available to the five small business development center networks in California. This is NOT a grant for small businesses. Program Details Governor's Office of Business and Economic Development is a state agency that offers the Capital Infusion Program (CIP) grant program to support business development and community economic. This funding opportunity is available statewide and is administered by Governor's Office of Business and Economic Development through California Grants Portal. Organizations seeking funding for business development and community economic should review the details below and confirm their eligibility before preparing an application. Eligibility Eligible applicants should review the full program requirements on California Grants Portal for specific eligibility restrictions. Organizations that meet the eligibility criteria are encouraged to apply and to review the full program guidelines before submission. Because eligibility rules and funding priorities can change between cycles, applicants should always confirm the current requirements with Governor's Office of Business and Economic Development or on California Grants Portal before investing time in an application. Funding and Timeline Applications are due by August 16, 2022. Applicants should allow sufficient time to gather required documentation, including organizational information, project descriptions, budgets, and supporting materials as specified in the program guidelines. Submitting a complete application well ahead of the deadline reduces the risk of disqualification on technical or administrative grounds. Program Focus This grant supports business development and community economic. Funded projects are expected to demonstrate measurable outcomes aligned with the program's stated objectives. Grant recipients may be required to submit progress reports and final evaluations as a condition of the award, and to retain records for audit and compliance purposes. How to Apply Eligible organizations can apply through California Grants Portal. Create a free organization profile on GrantRegister to see whether this grant matches your organization's NAICS code, entity type, location, and focus area, and to receive a weekly digest of every open grant you qualify for. GrantRegister maintains a complete, authoritative registry of US federal, state, and foundation grant opportunities — matched automatically to your organization profile and delivered every Monday.

Eligibility

Eligibility not specified by this funder. Requirements may still apply — confirm directly with Governor's Office of Business and Economic Development.

Award details

Applications close on August 16, 2022.

Categories

Business Development · Community Economic