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Small‑business programs and arts payroll fund show strong demand; OSBA details outcomes
Summary
OSBA deputies told the subcommittee California RISE grantees increased revenue and hired thousands, and the Performing Arts Equitable Payroll Fund disbursed $11.6M to 100 recipients but left roughly $40M in unmet requests. Senators and program partners pressed for implementation changes and additional funding.
Claire Whitmer, deputy director of the California Office of the Small Business Advocate, summarized outcomes and next steps for three OSBA programs before the Senate subcommittee.
On California RISE, Whitmer said the inaugural cohort used a $25,000,000 appropriation and deployed $16,900,000 in grants to 61 recipients (grant sizes ranged from $150,000 to $500,000 by revenue bands). 'In 4 years from 02/2021 to 2025, these 61 grant recipients collectively employed 14,301 individuals with barriers to employment,' she said, adding that 3,887 of those hires were new during the program period. Whitmer described version 2 (CA RISE 2) with $17,000,000 in funding, a maximum grant size of $300,000 for new grantees,…
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