The International Rescue Committee (IRC) Small Business Development Center (SBDC) helps local small businesses prosper by delivering no-cost business assistance to small business owners and entrepreneurs through in-language technical assistance, training, and access to microloans to support entrepreneurs to start or expand their business, with a focus on helping refugees, immigrants and individuals from underserved communities.
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SBDC Events & Announcements
PPP Forgiveness Loan & Stimulus Webinars - On Demand: PPP Loan Forgiveness Application كيف تمليء استمارة اطفاء القرض
- IRC SBDC Resource Directory: Click here to see a list of available funding resources for businesses affected by COVID-19.
- Restauraunt Revitilization Fund Grant: The U.S. Small Business Administration will open the Restaurant Revitalization Fund Grant for operators of restaurants, food stands, food trucks, food carts, snack and nonalcoholic beverage bars, caterers, bars, lounges, saloons, taverns, inns, breweries, taprooms, and tasting rooms, bakeries, wineries, distilleries, licensed facilities of beverage alcohol producer where the public may taste, sample or purchase products and other similar places. More information coming your way! Click Here to Learn More.
- Restaurants Care Resiliency Fund: The Restaurants Care Reslience Fund grant this past Thursday, April 11, 2021, for operators of small restaurant owners. Owners who can demonstrate a 20% or more loss of revenue from 2019 to 2020 are eligible for grants up to $3,500. Click here.
- Shutttered Venue Operators Grant: The U.S. Small Business Administration officially opened the Shuttered Venue Operators Grant (SVOG) application portal this past Thursday, April 8, 2021, for operators of live venues, live performing arts organizations, museums and movie theatres, as well as live venue promoters, theatrical producers and talent representatives. Operators are now able to apply for critical economic relief, as those eligible entities are some of the first that had to shutter their doors a year ago in response to the COVID-19 pandemic.
- Do you need assistance getting an EIN? If you are in need of assistance of support in getting an EIN, you can contact your business advisor for help at no cost.
- CA Relief Grant - Final Round: Eligible applicants: current waitlisted small businesses and/or non-profits not selected in Rounds 1, 2, 3, 4 or 5 and new applicants that meet eligibility criteria found at CAReliefGrant.com
Eligible grant award: $5,000 – $25,000. Applicants not selected to receive a grant in Rounds 1, 2, 3 & 5 do not need to re-apply and will be automatically moved into Round 6. New applicants will need to apply at CAReliefGrant.com
- Paycheck Protection Program Deadline Extended: Those who file a tax Schedule C, including independent contractors, self-employed, ITIN holders or even gig workers, can take advantage of the beneficial new rules and apply for PPP before May 31.Click Here to Learn More.
- Do you qualify for a Work Opportunity Tax Credit? The Work Opportunity Tax Credit (WOTC) is a Federal tax credit available to employers for hiring individuals from certain targeted groups who have consistently faced significant barriers to employment. WOTC joins other workforce programs that incentivize workplace diversity and facilitate access to good jobs for American workers. Learn more here.
- Apply for the Economic Injury Disaster Loan: In response to the Coronavirus (COVID-19) pandemic, small business owners, including agricultural businesses, and nonprofit organizations in all U.S. states, Washington D.C., and territories can apply for an Economic Injury Disaster Loan. The EIDL program is designed to provide economic relief to businesses that are currently experiencing a temporary loss of revenue due to coronavirus (COVID-19). Terms: 3.75% for businesses (fixed) - 2.75% for nonprofits (fixed) - 30 years - No pre-payment penalty or fees. Use of proceeds go to working capital & normal operating expenses such as: continuation of health care benefits, rent, utilities, fixed debt payments. CLICK HERE.
- Cares Act Revolving Loan Fund: Starting Feb. 9, the City of San Diego launched its CARES Act Revolving Loan Program, and is now accepting applications. City of San Diego or City of Chula Vista businesses impacted by the COVID-19 pandemic. The loans, which range from $25,000-$95,000, are intended to help entrepreneurs adapt their business models to operating under pandemic restrictions, to promote economic resiliency, and to support the retention or creation of jobs. Click Here for More Info.
Assistance Available in the Following Languages: English, Spanish, Arabic, Persian (Farsi), Dari, Swahili
Do you need help applying for and accessing COVID-19 business relief support? This webinar will review the capital options that exist as of today and review what help is out there for small business owners. Come learn about:
- SBA Disaster Loans
- Traditional Capital
- State Loan Guarantee
- Guidance on how to get capital and what to do
We've compiled a list of our small business clients that reflect the entrepreneurship, innovation, and diversity of San Diego. #ShopIRCSBDC using our business directory to see how you can support small businesses in San Diego. From ordering take out from an authentic eatery to getting your clothes tailored by a refugee business owner to supporting black-owned businesses, you can show your support for your community by shopping small all year round.
Visit the directory HERE.
Questions? Send us an email at ircsbdc [at] rescue.org.
To schedule an appointment, click here.