The State of California, Sacramento County, and business believes in microbusinesses. Together, we are Sac4Micro and are here to help microbusinesses access funding to grow, succeed, and recover.
Eligibility
To apply, a business must meet the following requirements:
- Physical location of the business is in Sacramento County
- Operational prior to 12/31/2019 and is still operational
- Currently active and operating
- Fewer than 5 FTEs now + 2019 & 2020 taxable years
- Did not receive a CA Relief Grant (but was otherwise eligible to the CA Relief Grant)
- Less than $50,000 in gross revenue for the 2019 tax year
- Significantly impacted by COVID-19 2019 tax return showing less than $50,000 in gross revenue (example: Schedule C – Profit and Loss from Business)
- The business was the primary source of income for the business owner in the 2019 taxable year
- Business owner is the majority-owner and manager of the business
Before you apply, please gather the following:
- Government-issued photo ID (state, domestic or foreign).
- Business license or certificate from Sacramento County or one of the incorporated Cities (Citrus Heights, Elk Grove, Folsom, Galt, Isleton, Rancho Cordova or Sacramento). If your business is not required to obtain a local business license, for example, those licensed through the State of California, proof of business operations within Sacramento County is still required. Acceptable documents may include business tax returns, business bank statements, or other official business documentation that includes the business address.
- 2019 tax return showing less than $50,000 in gross revenue (example: Schedule C – Profit and Loss from Business)