Commercial Acquisition Fund
Elevate your nonprofit’s impact with LA County’s Commercial Acquisition Fund
The Commercial Acquisition Fund, offered by the Economic Mobility Initiative, is designed to provide grants to qualifying nonprofit organizations to support the acquisition of vacant or abandoned land and buildings in designated communities.
Program Highlights
- Funding: $10 million from American Rescue Plan Act (ARPA)
- Grants: $500,000 to $2,000,000 in recoverable grants
- Upcoming launch dates: Fund closed, sign up for our waitlist and get notified of future funding opportunities
As a result of participating in this program, participants will:
- Access grants from $500,000 to $2 million for property acquisition
- Target projects in high-need areas impacted by COVID-19
- Provide affordable, long-term space for nonprofits and small businesses
- Build capacity with support from LA County
- Improve communities and spur business growth
To be eligible to participate, applicants must:
- Be located in LA County
- Have been impacted by COVID-19
- Be an active nonprofit (all nonprofits eligible including community development corporations and community land trusts) or
- Be a small business partnered with an active nonprofit.
- Not be disbarred by federal, State, or local government entity or have unresolved violations noted in the County’s contracting database.
Commercial Acquisition Fund Closed
The Social Enterprise Incubator, offered by the Economic Mobility Initiative, is designed to help organizations strengthen their operations and develop sustainable income streams to expand and level up their impact.
Small Business Mobility Fund
Launch and Grow your Business with LA County’s Small Business Mobility Fund
The Small Business Mobility Fund, offered by the Economic Mobility Initiative, is designed to help businesses access flexible start-up and scale-up capital to support their business growth.
Program Highlights
- Funding: $3+ million from American Rescue Plan Act (ARPA) and (Care First Community Investment (CFCI)
- Grants: $X,000 to $X,000,000
- Upcoming launch dates: Coming Soon, sign up for our waitlist and get notified of future funding opportunities.
Successful graduates:
- Learn the certification process for government contracting
- Increase their business’s contracting capacity
- Navigate procurement opportunities effectively
- Access tailored support for operational growth
- Gain resources for business growth needs
- Increase capacity to bid for local, state, and federal contracting opportunities
- Graduate with a tailored strategy for pursuing government contracts
To be eligible to participate, applicants must
- Be a resident of LA County
- Have been impacted by COVID-19
- Be an established small business
- Be in good standing with 100 or fewer employees
Small Business Mobility Fund Coming Soon
The Small Business Mobility Fund, offered by the Economic Mobility Initiative, is designed to help businesses access flexible start-up and scale-up capital to support their business growth.
Partner Resources
