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Woman-Owned Business Accelerator Grant

The Downtown Long Beach Alliance’s (DLBA) Woman-Owned Business Accelerator, in partnership with the Institute for Innovation & Entrepreneurship at California State University Long Beach, and powered by Farmers & Merchants Bank is designed to assist existing women-owned businesses in Downtown Long Beach. The WOBA program provides targeted business assistance and grant funds to support costs associated with recruiting, retaining, or expanding – creating more jobs in Downtown Long Beach.

Criteria

  • Must be located within the DLBA’s Downtown Business & Parking Improvement Area (DPBIA)
  • Must be a for-profit business
  • Must have an active Downtown Long Beach business license located within the DPBIA boundaries
  • Must have less than 24 employees
  • Up to five winners with a total award amount of $10,000
  • Each award given requires matching funding

     

    Contact Austin Metoyer, DLBA Economic Development & Policy Manager with questions at (562) 522-0523.

Awards

The program will award up to five women-owned businesses, not to exceed $10,000 in total award money. Companies that are “pre-revenue” will be considered and encouraged to apply. Preference is given to businesses supporting online/digital customer acquisition strategies. In addition, to grant funding, selected winners will be required to participate in a four-part workshop series provided by California State University, Long Beach’s Institute for Innovation and Entrepreneurship, covering the following topics:

  • Competitive analysis;
  • Supply chain management;
  • Knowing your customer;
  • Social & digital marketing; and
  • Financial management tools.

And receive one-on-one business development advisement from Fuller Management Corporation, not to exceed a six-month term.

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