California Investment and Innovation Program (Cal IIP) 2027
Per-recipient award not stated for business, closing Oct 1, 2026.
- Program pool (total)
- $10,000,000Total across all awards in this programme. Not an amount any single applicant can receive.
- Award ceiling (per project)
- Not confirmedPer legislation, 20% of funds available will be for small and emerging CDFIs. This funding will be divided among applicants that are small and emerging CDFIs. The size of the grant awards shall be based on the total amount of loans closed by each applicant in the last fiscal year. Funding shall be awarded on a tier system. The funding amounts per tier may be less than the grant award depending on availability and number of qualified applicants.
- Award floor
- Not confirmed
- Typical award
- Not confirmed
- Deadline
- Oct 1, 2026
- Deadline type
- fixed
- Opens
- Not stated
- Status
- Open
- Eligible entities
- Business
- Geography
- California
- Matching funds
- No
- Disbursement
- Advance(s)
- Application effort
- Not confirmed
- Currency
- USD
How much money is available?
Two different figures govern a programme and they are not interchangeable. The programme pool is what the funder has allocated across every award it will make this cycle. The award ceiling is the most one applicant can be granted.
Source wording: “Per legislation, 20% of funds available will be for small and emerging CDFIs. This funding will be divided among applicants that are small and emerging CDFIs. The size of the grant awards shall be based on the total amount of loans closed by each applicant in the last fiscal year. Funding shall be awarded on a tier system. The funding amounts per tier may be less than the grant award depending on availability and number of qualified applicants.”
Who can apply?
Business
Source field: entity typesCalifornia
Source field: statesDisadvantaged Communities, Housing, Community and Economic Development
Source field: use of fundsNot stated
Source field: applicant size limitNot stated
We store the structured fields above. Clause-by-clause text from the guidelines is not connected for this record.When does it close?
What can the money be used for?
These categories come from the source's own classification. A line-item cost table, where the programme publishes one, lives in the guidelines and is not parsed for this record.
How hard is the application?
- Application effort
- Not confirmed
- Disbursement
- Advance(s)
- Matching funds
- NoRequires Matched Funding?: No
Who has received this funding?
Recipient records not linked yet
Prior-cycle recipients, award amounts and years come from the funder's own award listings. For this programme that listing is not connected. When it is, this section shows recipient, amount and year as a sortable table.
The official page governs. If the source and this record disagree, the source is correct — programmes change their terms between our checks, so confirm every figure above before you apply.