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‘Comeback Checks’: L.A. to give out $5,000 grants to thousands of small businesses
Mayor Eric Garcetti on Tuesday introduced the start of a grant method that will provide $5,000 grants to 5,000 modest Los Angeles firms. The city is making use of funds from the American Rescue Approach Act to offer $25 million value of grants to modest organizations in will need of fiscal assistance due to the outcomes of the COVID-19 pandemic. The cash will be disbursed via the Comeback Checks Software, and recipients will be chosen by means of a weighted lottery course of action. The application period for this initial spherical opened at midday Tuesday and operates as a result of Nov. 2. To utilize, go to comebackchecksla.com. “The funds…