CHCC is excited to announce the launch of the Oakland Small Business Resiliency Fund, a grant fund supporting diverse small businesses with a physical presence in Oakland. The Fund will provide a one-time infusion of grant capital to help Oakland small businesses boost their resiliency, recover from economic and community safety challenges, or strengthen their capacity and readiness to take on other forms of capital and investments.
The Fund is part of CHCC’s commitment to shift power within systems and communities, aligning with a larger vision of an inclusive and just economy where all East Bay residents have the economic power and freedom to dream, heal, and belong.
Small businesses are the backbone of the local economy. They generate jobs, create ownership opportunities, and drive economic activity, stability, and wealth creation in communities of color. Yet, today, small businesses in the region struggle with significant challenges that limit their growth and threaten their survival, including hiring shortages, lack of affordable commercial space, and barriers to accessing low-cost capital.
Starting this month, small businesses with at least $50,000 in gross annual revenue, that are located in high-priority neighborhoods in Oakland, and which represent the diversity of Oakland, are eligible to apply for a $5,000-$25,000 grant on a rolling basis.
This Fund serves as an opportunity to support small businesses that contribute to the culture, vibrancy, and health of Oakland’s diverse neighborhoods, providing gathering spaces, community-building opportunities, and creating a sense of belonging.
CHCC is grateful to anchor funder Kaiser Permanente and a network of Community Advisors and Partners for their partnership in making this Fund a reality.