Areas Served: City of Waterford
Existing and new businesses! Start-ups and entrepreneurs! Do you need some capital to expand operations and create jobs?!? The City of Waterford is offering small business assistance to assist you in your efforts.
The Small Business Assistance Program (Program) is designed to stimulate economic growth and create jobs that will improve the living conditions of residents in the community.
The Program provides affordable, non-conventional financing to eligible businesses and development projects who will in turn be required to produce a sufficient number of net new jobs, or in the case of business retention, retain existing jobs.
WHAT DO YOU NEED TO GROW YOUR SMALL BUSINESS? RENOVATIONS Does your business need room to grow? Whether it means renovating your storefront facade or upgrading a workshop, your business may quality for assistance.
WORKING CAPITAL Does a lag time of accounts receivable make paying bills on time difficult? Would better cash flow help you stabilize or grow your business? Do you need to stock more inventory? BUSINESS SERVICES Would more advertising dollars be cost beneficial to your business? Do you need the assistance of an attorney or CPA to take your business to the next level? These needs are an eligible expense if you qualify for a Small Business Assistance.
WHAT ARE THE SUMMARY DETAILS? – Assistance between $2,500 and $35,000. – Must create new jobs with assistance funds primarily benefiting low income individuals.
– Existing, start-up and new businesses to Waterford are eligible for the assistance.
– Common eligible expenses include: operating capital, rehabilitation of building, etc.
Contact InformationCity of Waterford
Address: 101 E Street
City: Waterford
State: California
Website:
http://www.cityofwaterford.org/departments/business/business-grants/
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