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Wildfire Relief & Recovery Fund (through Steadfast LA Small Business Initiative) is sponsored by Banc of California. Banc of California has partnered with Steadfast LA to launch a Small Business Initiative, providing direct grants to retailers, restaurants, and other independent businesses in Altadena, Malibu, and the Pacific Palisades impacted by the Eaton and Palisades Fires.
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Steadfast LA Small Business Initiative | LiftFund Application period is now closed. Steadfast LA Small Business Initiative Streamlined Financial Support The devastating wildfires in Altadena, Malibu, and Pacific Palisades tested the resolve of the small business community in Los Angeles, but it couldn’t break their spirit. The road to recovery is a process, and financial support is still needed.
Through generous funding from Steadfast LA and Banc of California, LiftFund will administer critical funding via grants of up to $50,000 to help the small business community in LA come back stronger and more resilient than ever.
Recover Today, Thrive Tomorrow Access up to $50,000 in capital to assist recovery and rebuilding Rebuild stronger with equipment, inventory, repairs and operational costs For more information, contact sbgrants@liftfund. com . Final grant approval and issuance is subject to approval of program funders and eligibility and availability of funds.
All information provided here will be reviewed and kept by LiftFund in accordance with our privacy practices. Applicants must meet all of the following criteria to be eligible for the grants. Business must have been operating on or before October 1, 2024.
Operational is defined as generating sales revenue, as evidenced by activity in a business bank statement. Applicants without a business bank account will not be considered.
Business is located in Palisades, Malibu or Altadena and applicants must reside in Los Angeles County or contiguous counties Applicants must own fewer than three businesses offering similar products or services Cannot be a dedicated adult entertainment operation, liquor stores, vape/smoke shops or lending organization Grant applicants must be majority owner or equal share ownership of business All applicants will be required to hold a video conversation with a LiftFund staff member prior to disbursement Operates from a commercial storefront location (no online-only businesses) Applicant has no more than 100 full-time employees Each individual applicant is eligible for only one grant award, regardless of the number of businesses or legal entities (EINs) they own or control Generates no more than $6 million in annual gross sales Must currently operate, or demonstrate intent to re-open within Altadena, Malibu, or the Palisades and applicants must reside in Los Angeles County or surrounding counties.
Out of state applicants will not be considered. Applicants must be a legal resident with a valid Social Security Number or ITIN Applicants must agree to share their name, likeness, and participate in an on-camera interview All criteria are subject to change without notice.
Valid government issued photo ID December 2024 (pre fire) and January 2025 (immediate impact) business bank statements and most recent business bank statement (proof of current operations) Legal entity document (Fictitious Business Name certificate or certificate of formation/incorporation filed with CA Secretary of State) Applicants without a legal entity document will not be considered.
2024 filed business tax return (or Schedule C for sole proprietors) Most recent business utility and home utility bill Grant resolution (template provided in application) Three clear photos of fire related damages, if applicable Voided check or direct deposit form Relocation/rebuilding plan, if applicable Q2 2025 Form 941 or payroll documentation Our business and financial experts are ready to help you find answers and help you rebuild and move forward by exploring your resources and offering personalized advice.
Visit our LiftLearn digital library to find the resources you need to help restore your business. Explore free workshops and tutorials on finance, marketing, and business management at your own pace. Questions?
We're here to help. 800-923-9551 | CALL US TODAY AND TALK TO A LOAN ASSISTANT
According to the current listing, eligibility includes: Eligible small businesses in Altadena, Malibu, and the Pacific Palisades that have been impacted by the Eaton and Palisades Fires. Confirm the full requirements in the official notice before applying.
The current listing shows up to $50,000. Verify award ceilings, matching requirements, and allowable costs in the official notice.
Wildfire Relief & Recovery Fund (through Steadfast LA Small Business Initiative) is funded by Banc of California. Verify program details on the funder's official page before applying.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
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