Home-based businesses in Cypress, Calif. that suffered revenue losses as a result of the ongoing pandemic are eligible for $2,500 grants through the city.
Home-based businesses must be operating in residential areas of Cypress to qualify, and must have reported at least a 20 percent revenue decline since 2019.
As well, business owners must have a current Cypress business license that’s been active since 2019.
Businesses must be for-profit and the primary source of income for the owner, with gross revenues at a minimum of $50,000 from the 2019 calendar year.
As per the grant application, home-based business owners must show proof of 2019 tax returns. Prior to receiving the grant, 2020 tax information may be required.
Applications must be submitted by March 12.
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