1. In association with Women’s Economic Ventures
Wells Fargo Business Recovery Grant Program Hill/Woolsey Fires, California
In association with Women’s Economic Ventures

2. How to apply for a Business Recovery Grant
Orientation Session:
How to apply for a Business
Recovery Grant

3. Diverse Small Business
Grant Funds totaling $240,000 available to eligible small businesses
Businesses must show they were economically impacted by the Hill/Woolsey Fires
Grants of $5,000 and $10,000 available
Approximately 30 grants available
Grant awardees will be required to attend related business/finance training
Grant will be paid in two (2) installments
Business Recovery Grant Program - Overview

4. Business Recovery Grant Application Process
Who is eligible?
An established business in LA, Ventura or Santa Barbara counties (i.e. at least 18 months in business)
Annual revenue less than $1.5 million
Able to demonstrate & quantify impact of the Hill/Woolsey Fires on business
Preference given to businesses that qualify as “diverse” (i.e. woman-owned, minority- owned, Veteran-owned, etc.)
For more information about Wells Fargo’s definition of a diverse business, please visit: www. /real-estate/community-lending- investment/cdfi/.

5. Examples of Economic Impact
(All examples would be expected to result in a revenue decrease)
Fall in customers due to evacuations, damage, poor accessibility
Lack of product, due to vendors not being able to ship goods in
Cancellation of contracts or services due to wildfire impact
Property or equipment damage resulting in services not being provided
Inventory/livestock loss or damage due to fire/smoke/water

6. Business Recovery Grant Application Process
Documentation Required:
Completed application form (hard copy or online)
2017 & 2018 financial statements (Profit & Loss account and Balance Sheet)
2017 & 2016 business tax returns* .
* Personal tax returns can be submitted if business returns are not available.

7. Important Dates Grant application/award timing
April 1, 2019 – Application cycle opens
April 15, 2019 – Deadline to submit applications
May 15, 2019 – Grant awards announced
June 1, 2019– Grant agreements signed and first instalment (75%) of funds distributed
July/August 2019 – Financial & Business Resilience trainings for grant recipients
August 2019 – final installments (25%) distributed
Important Dates

8. Financial & Business Resilience Trainings
*Final workshop details may change
Financial Resilience
Growing Your Customer Base
Debt & Expense Management
Business Savings
Disaster Recovery Planning
Business Insurance
Revenue Diversification
Understand the optimal customer base
Target new sales & retain existing customers
Traditional and e-commerce
Diversifying products/services
Build Synergistic business relationships

9. Key Learnings from Thomas Fire Grant Recipients
APPLY!!! Don’t second guess it or feel “guilty” about applying for funds
Cut & paste the questions into a separate document so that you can take your time answering
Tell your story in detail and write a persuasive application (rather than 1 or 2 line answers)
Save the application regularly (using online link – check your spam box)
The WEV/WELLS FARGO RECOVERY GRANT has provided me a level of comfort and support in knowing I can move forward with marketing strategies to generate sales. With the money received, I am able to create a plan for strengthening areas of my business that existed before the fire and during the present recovery process. The grant is a blessing in that mentorship through workshops have been created to further the connection of other small business owners and also stimulate deeper insights into financial planning and resource. I highly recommend taking this opportunity and applying.  
Stacey Moss, Moss Botanicals, Ojai – Recipient of Thomas Fire Business Recovery Grant

10. Large Image Slide
For more information, contact Nicki Parr, WEV Business Recovery Specialist, on (805) , or by