The Office of the Mayor has allocated $10,000,000 to create the Small Business Fund, available to businesses across the City and County eligible to receive up to $100,000.

This initiative supports aspiring entrepreneurs and small business owners who hold strong community values by providing financial assistance to help launch and sustain successful ventures.

To qualify, applicants must demonstrate a well-developed business plan, outlining objectives, strategies and projections to show a clear path to sustainability. Applicants should also provide proof of concept where possible to demonstrate the viability of their product or service and its potential for market success.

Applicants are also asked to outline their current property situation, whether they already own commercial property or plan to use the funds to acquire one. This helps assess how the funding will support ongoing operations and growth.

This program is intended to run indefinitely. It does not apply to Adult Entertainment Venues or Gambling Establishments.