No one understands the hardships of being a felon better than the felon himself.
To begin with, having a felony record to your name comes with extra baggage, especially when you want to find meaningful employment.
Inmates leave prison with hopes of putting their reformed minds to work and turning their lives around.
However, reality can soon crush these dreams after finding out how hard it is to secure a job or even get financial aid to start a business.
For instance, they don’t meet the eligibility for small business loans.
With training and funding already hard to obtain in our country, having a criminal record only elevates it.
Are you a felon in California looking for a funding opportunity to start a business?
Don’t worry since we have an answer for you, grants.
However, it would be best to dive deeper into things to understand them better.
Luckily for you, you have come to the right place.
What are Grants?
Generally, a grant is a specific sum of money given to an individual, organization, business, or institution that doesn’t have to be paid back.
The government mostly avails these funding options.
Let’s say a specific trust sets aside a particular sum as a grant.
They will release their requirements for eligible applicants to submit their applications.
Most often than not, these grant applications are competitive.
Additionally, there are guidelines and rules governing using the allocated money.
Every beneficiary has to be ready to comply with these regulations.
For example, if you are awarded an academic grant, you might have to show satisfactory academic progress every academic year.
Does California Offer Grants?
Yes, it does.
It offers several programs that provide grants to California residents.
The good thing about these grants is that they are centralized within a single portal.
Most residents here in need of personal financial assistance have benefited from the numerous programs in the state.
Types of grants in California
California offers different types of funding opportunities.
Some of the grants you can find here include
Unemployment grants in California
This grant comes through for the unemployed people in California.
Through this grant, you can get the much-required support during unemployment.
Such grants are substantial because they can help you maneuver through tough times and economic downturns.
You won’t feel the significant side effects even if the unemployment period lengthens.
Such grants are a critical lifeline for many working families in California.
Grants for nonprofits
A nonprofit grant is a financial assistance offered to nonprofits by a foundation, corporation, or government agency.
They are provided as a way of injecting additional funding to support projects, and nonprofit operations, and cover expenses.
Such financing allows nonprofits to expand their programs and services and create new ones.
Such programs will, in turn, improve the reach of existing audiences and open up opportunities for additional target populations.
These grants are primarily offered to nonprofits with a specific cause, such as climate change, benefiting a community, conserving the planet, offering scholarship services, etc.
Grants for students
California grants for students are a form of financial assistance used to cover education-related expenses.
An excellent example of such a grant is the California college promise grant.
You can qualify for it if you are a community college student.
Some grants have stricter requirements than others.
For example, the California Chafee grant requires you not to have reached your 26th birthday as of July 1st of the award year.
Also, you must be a current or former foster youth.
Most people confuse scholarships.
Even though both can be classified as “gift aids,” they have a distinct differences.
Scholarships are awarded based on academic merit.
However, grants are offered based on the extent of the financial need.
Some granters might use merit too, but it is rare.
How do I Find Grants in California?
California offers a wide range of federal grant opportunities.
All you need to know is where to look and what to do.
Below is a list of tips to help you in your search.