Governor Proposes $575 Million in Emergency Funding for Small Business Relief Grants
Last week, Governor Gavin Newsom announced a $4.5 billion Equitable Recovery for California’s Businesses and Jobs plan, which incorporates the business and workforce recovery elements of his proposed 2021-22 State Budget. The plan, among other measures, includes $575 million more for the Small Business COVID-19 Relief Grant Program. This additional investment is part of emergency