SEED Grant 1.0 & 2.0 Application Process Overview
SEED Grant Application closes at 11:59 pm on Wednesday August 18, 2021
STEP 1: Apply. Visit the ElevateImpactLA.com website to review and complete the application within 120 days of the opening of the Grant Application period. As a part of the Grant Application process, SEED Grant Applicants must provide the following information and upload grant assessment documents to their online grant application:
STEP 2: Application Review. A SEED Grant Application will be reviewed by Elevate Impact LA to ensure that the Grant Applicant has provided the required grant assessment documents and that such materials are up to date, have not expired and are in compliance. Thereafter:
STEP 3: Grant Approval. A completed Grant Application will be submitted to the Elevate Impact Grant Review Committee for review. If the Grant Application is approved, the Grant Applicant will become an “Approved Applicant” and will receive an email saying that the application has been approved and will be sent for grant closing.
STEP 4: Virtual Signing. The Approved Applicant will complete the Grant Agreement:
In order to receive a grant disbursement under the SEED program, Approved Applicants must first sign a Grant Agreement with the City of Los Angeles. The Grant Agreement will be prepared for the Grantee to sign electronically, attaching required documents as outlined in the Agreement.
Elevate Impact LA will meet with the Approved Applicant virtually to review, complete and sign the Grant Agreement. Completed grant documents will then be sent to the City of Los Angeles for the City’s signature and payment processing. Approved Applicants acknowledge that they will sign these documents in consultation with Elevate Impact LA.
STEP 5: Grant Disbursement. Approved Applicants will be required to set up a financial services account at ElevateImpactFunds.com to receive funds. If Approved Applicants are unable to establish an individual bank account, please contact Bruce@elevateimpactla.com.
Once Approved Applicants establish an account, they will need to provide this information to Elevate Impact LA. Elevate will coordinate with the corresponding banking partners to ensure the direct transfer of funds. Funds will be distributed to Approved Applicant’s individual bank account. Upon receiving funds, Approved Applicants become “Grant Recipients”.
Step 6: Post Grant Disbursement. Grant Recipients will be required to provide receipts to ElevateImpactLA detailing actual grant expenditures.