About Placer Shares
The Placer County Board of Supervisors set aside $8 million of its federal funding from the Coronavirus Aid, Recovery and Economic Security Act to help Placer's small businesses and nonprofits with qualifying expenses incurred due to the coronavirus pandemic and resulting state shutdown.
Placer County is teaming up with the Sierra Business Council to administer the grant program, while grant assistance will be administered through the Placer Community Foundation and the Truckee Tahoe Community Foundation.
Qualifying businesses and nonprofits
The grant program prioritizes businesses that have been hardest hit by the pandemic. Sectors in Stage 3 and 4 of the state’s roadmap to reopen have been assigned the highest priority along with businesses with the highest job losses according to the Economic Development Department.
Awards of up to $10,000 will be provided to cover eligible COVID-19 expenses, identified by United States Treasury guidance.
- Businesses with 1-9 employees qualify for an award up to $5,000
- Businesses with 10 or more employees qualify for an award up to $10,000
- Nonprofits can receive up to $10,000 depending on organization budget size and demonstrated need
All grants are subject to review and verification of eligibility. Please note that due to limited funds, not all applications submitted will receive funding. This grant will be awarded through an independent lottery process for eligible applicants.
Eligible nonprofit recipients will be evaluated by the community foundations serving their area.
|July 28||Board of Supervisors presentation|
|July 28 – Aug 25||Portal design, testing and implementation|
Small Business/Non-Profit Outreach
|Aug 25 – Sept 7||Grant Portal Live for Applications|
Continued Small Business/Non-Profit Outreach
|Sept 7||Grant Application Deadline|
|Sept 30||Business Grant Awards announced|
|Oct 3||Non-profit Grant Awards Announced|
|Oct 5 – 13||Funds distributed|