Grants & Incentives

Need Funding for your Small Business?...

…Grants & Loans

Economic Development and Planning are two of the most important functions of the City. The goal of the Economic Development Commission is to enhance the City of Auburn's business environment and economic base while preserving and enhancing the social, natural, and financial resources of our community. By providing contributions to new and existing unique and innovative events/projects, the ECD can assist with generating a positive economic impact in Auburn. The EDC has the following three grant opportunities available. Applications are accepted through August 31, 2023 at 4pm.

Business Improvement Grant - Up to $3,000 per Business Available for Qualified Applicants

Event Sponsorship - Up to $2,000 per Event Available for Qualified Applicants

Community Enhancement Grant - rolling grant; available year round.

California Grants Portal

The California Grants Portal, a project by the California State Library, is your one destination to find all grants and loans offered on a competitive or first-come basis by California State Agencies.

IBank Small Business Finance Center

IBank's Small Business Finance Center features a loan guarantee program designed to assist small businesses that experience capital access barriers. The Small Business Loan Guarantee Program encourages lenders to provide funds to small businesses to help them grow and prosper.

U.S. Small Business Administration (SBA)

The U.S. Small Business Administration (SBA) has been helping small business owners and entrepreneurs pursue the American Dream since 1953. The SBA is the only cabinet-level federal agency fully dedicated to small businesses. Their Sacramento District Office provides help with SBA services including funding programs, counseling, federal contracting certifications, and disaster recovery. They can also connect you with their partner organizations, lenders, and other community groups that help small businesses succeed.

…Incentives

Help to Hire

The Placer County Employment Services offers employment incentives through the Help to Hire program. The County's Subsidized Wage program reimburses employers up to $10,500 for hiring eligible Placer County Employment Services participants providing you with an easy way to get financial support to grow your business, and opportunity no small business should ignore.

State Integrated Opportunity Zone Map

The State Integrated Opportunity Zine Map depicts Qualified Opportunity Zones (OZ) within California. This map also features other planning tools, incentives, and examples of State investments in these zones in key priority areas. These key priority area investments in OZ boundaries include sustainable transportation projects, cap-and-trade climate investments, and high-speed rail alignments.

California Competes Tax Credit (CCTC)

The California Competes Tax Credit (CCTC) is an income tax credit available to businesses that want to locate or stay and grow in California. Businesses of any industry, size, or location compete for over $180 million available in tax credits by applying in one of the three application periods each year.