Business Grants for Women in Moreno Valley, California

Moreno Valley is a relatively new city located within the Riverside County area of the state of California. It is home to around 200,000 residents and is welcoming to immigrants of diverse cultural and religious backgrounds. The city is split into four district councils, and each has their chosen representatives to the city council. The generally accepted community of Moreno Valley demonstrates that it is a secure and supportive surrounding for women of all backgrounds.

Utility Tax Exemption

To be eligible, all residents of a woman’s household must have a combined gross income of less than what is specified as 65% of median household income for the County of Riverside, which is analyzed on a yearly basis by HUD. To access the application form, click on http://www.moreno-valley.ca.us/city_hall/forms/business-gen/utilitytaxform1215.pdf

Hire MoVal Incentives

These are incentives for women-owned businesses located within the Moreno Valley who hire residents. Eligible businesses enjoy a discount equal to the yearly Business License Processing Fee. For more information, visit http://www.moval.org/departments/financial-mgmt-svcs/prog-hireMoVal.html

  • Hire a MoVal Grad

Businesses have the chance for a $1,000 stipend for each recent Moreno Valley graduate, up to a maximum of five new hires. Call 951.413.3021 or visit http://www.moval.org/departments/financial-mgmt-svcs/pdf/hireMoVal/HireMoValIncentiveGrad.pdf for guidelines.

  • Hire MoVal for Small Businesses

Offers lower costs for business licenses, as well as free consultations and advertising services for women-owned businesses with gross revenues less than $200,000. In this business, at least 40% of employees must be residents of the Moreno Valley area. For more information, visit http://www.moval.org/departments/financial-mgmt-svcs/pdf/hireMoVal/HireMoValSmallBusiness.pdf

Small Business Wednesdays

Business development workshops for women of Moreno Valley that are either free or come at an insignificant cost. These workshops offer important information to female entrepreneurs, which is essential for them to succeed in their ventures. Some of the topics which are relatively often covered are on how to start and expand a business, attain business plan resources, financial projections, conventional loan and funding assistance, and government contracting and marketing. To learn more, click on the following link http://www.moval.org/edd/workshops-training.html

Spotlight on Moreno Valley Business

A free-of-charge program in which local women-owned businesses can participate in.  The Spotlight on Moreno Valley Business program aims to acknowledge the significance of various businesses within Moreno Valley by promoting them. Owners of such companies will receive a service of a cost-free 30-second professional video in collaboration with the renowned Moreno Valley media team. Each year, four businesses are given the spotlight within the Council District. To learn more, go to http://www.moval.org/edd/business-spotlight.html

California Competes Tax Credit

This is an income tax credit that supports female entrepreneurs who aim to develop their businesses within the state of California. Over $180 million are available in tax credits. An important note to those interested in that prior to each application, Go-Biz presents online webinars on the California Competes Tax Credit program. All businesses are welcomed to participate in these webinars, where they will also receive information on how to apply. For additional questions, contact (916) 322-4051 or visit https://business.ca.gov/california-competes-tax-credit/

New Markets Tax Credit Benefits

Supports the economic growth of women with inadequate incomes, aspiring towards ultimately breaking the cycle of disinvestment. This is done by appealing to the private investment needed to recover struggling businesses. The New Markets Tax Credit Benefits Program has shown support to a variety of businesses within the manufacturing trade, as well as retail, food, health, technology, education, and housing professions. To learn more, go to https://www.cdfifund.gov/programs-training/Programs/new-markets-tax-credit/Pages/default.aspx

For the Children of Single Mothers – Emerging Leaders Council

This is aimed towards recognizing students who possess the proper interpersonal qualities and potential to become community leaders in the future. The Emerging Leaders Council educates students about local and regional government policies and activities and focuses their efforts toward serving the community of Moreno Valley. It consists of 9 members, and 2 alternatives. Further information can be accessed by clicking on the following link: http://www.moreno-valley.ca.us/city_council/committees/emerg-lead.shtml

The Community Shelter Program – The Path of Life Ministries

An organization that is there for women when they most need it. They are ready to tackle distressing situations such as housing crises, as well as assisting domestic violence victims through counseling. For immediate assistance, make a call to (951) 462-9822. The link to their official website is as follows: https://www.thepathoflife.com/

  • Employment Pipeline

Offers assessments of a woman’s work competency, after which readiness training is put into action. Struggling women who are active within this Path of Life programs can also receive placement assistance in concern to work. Participants are given the means to progress on reaching stable employment and earning an adequate income. Explore more opportunities through the following link https://www.thepathoflife.com/programs/

Soroptomist International of Moreno Valley

This is an international volunteer organization that provides women with access to the proper education and training necessary for them to achieve economic empowerment. Soroptimists believe that women’s voices are to be acknowledged and listened to, especially in concern to important financial decisions.  They promote the development of women’s self-confidence and inspire young women to realize their dreams. To find out more about this club, visit https://simorenovalley.org/