Social Entrepreneurs for Economic Development (SEED) Grant 2.0

Portal ID:
8513
Status:
Active
Opportunity Type:
  • Grant
Last Updated:
 | 

Details

Purpose:

The purpose of the SEED Initiative is to support the entrepreneurship of immigrants and limited English proficient (LEP) individuals who face significant employment barriers, which will also increase the state’s economic diversity and help spur business innovation.

Description:

In June 2020, the California Legislature approved Assembly Bill 82 (Chapter 14, Stats. 2020), which established the Social Entrepreneurs for Economic Development (SEED) Initiative to be administered by the California Workforce Development Board (“Board”) within the Labor and Workforce Development Agency (“Agency”). (See California Unemployment Insurance Code, sections 14106 to 14110.) The Employment Training Panel (“ETP”), also within the Agency, is administering SEED on behalf of the Board.

The SEED Initiative will provide micro-grants, entrepreneurial training, and technical assistance to SEED target populations to support them in starting or maintaining a small business in California aimed at addressing a social problem or meeting a community need.

SEED target populations are individuals who face significant barriers to employment, specifically: (1) individuals with limited English proficiency, regardless of immigration or citizenship status; or (2) individuals who are neither U.S. citizens nor lawful permanent residents. This includes individuals who may not be lawfully present in the United States, and individuals who have been granted Deferred Action for Childhood Arrivals (DACA) or Temporary Protected Status (TPS). In addition, SEED is open to all individuals in the target populations, including other immigrants, refugees and asylees, and United States citizens.

Eligibility Requirements

Eligible Applicants:

  • Business
  • Nonprofit

● Only Nonprofit CBOs May Apply for SEED

● Single CBO May Submit a Proposal

● Joint Proposals Are Strongly Encouraged

Important Dates

Application deadline The date (and time, where applicable) by which all applications must be submitted to the grantor.
Expected award announcement The date on which the grantor expects to announce the recipient(s) of the grant.
March 25, 2022
Period of performance The length of time during which the grant money must be utilized.
June 1, 2022

Funding Details

Total estimated available funding The total projected dollar amount of the grant.
$17,000,000
Expected number of awards A single grant opportunity may represent one or many awards. Some grantors may know in advance the exact number of awards to be given. Others may indicate a range. Some may wish to and wait until the application period closes before determining how many awards to offer; in this case, a value of “Dependent” will display.
Dependent
Estimated amount per award Grant opportunities representing multiple awards may offer awards in the same amount or in varied amounts. Some may wish to wait until the application period closes before determining per-award amounts; in this case, a value of “Dependent” will display.
Dependent
Letter of Intent Required? Certain grants require that the recipient(s) provide a letter of intent.
No
Requires Matched Funding? Certain grants require that the recipient(s) be able to fully or partially match the grant award amount with another funding source.
No
Funding Source: The funding source allocated to fund the grant. It may be either State or Federal (or a combination of both), and be tied to a specific piece of legislation, a proposition, or a bond number.
  • State
Funding Method: The manner in which the grant funding will be delivered to the awardee. Funding methods include reimbursements (where the recipient spends out-of-pocket and is reimbursed by the grantor) and advances (where the recipient spends received grant funds directly).
  • Reimbursement(s)

How to Apply

State agencies/departments recommend you read the full grant guidelines before applying.

Resources

For questions about this grant, contact:
ETP Grant Inquiries, 1-916-327-5640, ETPGrantInquiries@etp.ca.gov

Similar to This Grant