Visit Greater Palm Springs Tourism (VGPS) has recently formed a partnership with Caravanserai Project to offer micro-grants and business training to a maximum of 30 small business owners in the Coachella Valley. The microgrants can reach up to $7,500.
The Opportunity for Spanish Speaking Entrepreneurs
Entrepreneurs in the Coachella Valley’s hospitality and tourism industry who speak Spanish can now access micro-grants and training opportunities through a strategic partnership between Caravanserai Project and Visit Greater Palm Springs. The program offers micro-grants of up to $7,500 to a range of businesses, such as restaurants, retail stores, housecleaning services, daycare centers, and transportation firms.
The initiative aims to increase opportunities for small businesses and equip them with the necessary skills and knowledge to thrive in the industry.
Mihai Patru, Caravanserai Project’s Executive Director, asserts that supporting the growth and sustainability of small businesses has a profound impact beyond providing high-quality services. It also generates better-paying jobs, improves living standards, and creates personal and professional development opportunities.
The next business-readiness training program begins on March 13, and entrepreneurs can register for the virtual information session on February 8 at caravanseraiproject.org/seed-2.
Caravanserai Project and Wells Fargo
Last year, it was reported that through its Open for Business Fund program, Wells Fargo gave a $1M grant to a partnership between Caravanserai Project, the Inland Empire Community Collaborative (IECC), and the Inland Empire Community Foundation (IECF). The Open for Business Fund provides grants to nonprofits that support small businesses impacted by COVID-19.
The Caravanserai Project supports mission-driven organizations and individuals. Key areas where this social impact organization invests resources include:
- Social justice causes
- Serving disenfranchised populations
- Promoting vaccine equity to arts, culture, and education agencies in the Inland Empire