Steadfast LA Small Business Initiative

Reclaim the future of your business.

Streamlined Financial Support

The devastating wildfires in Altadena, Malibu, and Pacific Palisades tested the resolve of the small business community in Los Angeles, but it couldn’t break their spirit. The road to recovery is a process, and financial support is still needed.

Through generous funding from Steadfast LA and Banc of California, LiftFund will administer critical funding via grants of up to $50,000 to help the small business community in LA come back stronger and more resilient than ever.

Recover Today, Thrive Tomorrow

Access up to $50,000 in capital to assist recovery and rebuilding
Rebuild stronger with equipment, inventory, repairs and operational costs

For more information, contact sbgrants@liftfund.com.

Complete the full LiftFund application for consideration. Grant approval is subject to eligibility and availability of funds. Final grant approval and issuance is subject to approval of program funders. All information provided here will be reviewed and kept by LiftFund in accordance with our privacy practices.

Program Eligibility

Applicants must meet all of the following criteria to be eligible for the grants.

Business must have been operating on or before October 1, 2024. Operational is defined as generating sales revenue, as evidenced by activity in a business bank statement. Applicants without a business bank account will not be considered.
Business is located in Palisades, Malibu or Altadena and applicants must reside in Los Angeles County or contiguous counties
Applicants must own fewer than three businesses offering similar products or services
Cannot be a dedicated adult entertainment operation, liquor stores, vape/smoke shops or lending organization
Grant applicants must be majority owner or equal share ownership of business
All applicants will be required to hold a video conversation with a LiftFund staff member prior to disbursement
Operates from a commercial storefront location (no online-only businesses)
Applicant has no more than 100 full-time employees
Each individual applicant is eligible for only one grant award, regardless of the number of businesses or legal entities (EINs) they own or control
Generates no more than $6 million in annual gross sales
Must currently operate, or demonstrate intent to re-open within Altadena, Malibu, or the Palisades and applicants must reside in Los Angeles County or surrounding counties. Out of state applicants will not be considered.
Applicants must be a legal resident with a valid Social Security Number or ITIN
Applicants must agree to share their name, likeness, and participate in an on-camera interview

Required Documents

Valid government issued photo ID
December 2024 (pre fire) and January 2025 (immediate impact) business bank statements and most recent business bank statement (proof of current operations)
Legal entity document (Fictitious Business Name certificate or certificate of formation/incorporation filed with CA Secretary of State) Applicants without a legal entity document will not be considered.
2024 filed business tax return (or Schedule C for sole proprietors)
Most recent business utility and home utility bill
Grant resolution (template provided in application)
Three clear photos of fire related damages, if applicable
Voided check or direct deposit form
Relocation/rebuilding plan, if applicable
Q2 2025 Form 941 or payroll documentation

All criteria are subject to change without notice.

Business Guidance

Our business and financial experts are ready to help you find answers and help you rebuild and move forward by exploring your resources and offering personalized advice.

Resources + Education

Visit our LiftLearn digital library to find the resources you need to help restore your business. Explore free workshops and tutorials on finance, marketing, and business management at your own pace.

QUESTIONS? WE’RE HERE TO HELP

sbgrants@liftfund.com

800-923-9551