LA Rise & Renew Wildfire Recovery LISC LA Grant Program -Powered BY BMO

LOS ANGELES - Rezul -- LISC LA, in partnership with BMO, has launched the LA Rise & Renew Wildfire Recovery Grant Program to support small businesses impacted by the January 2025 wildfires. The program will deliver rapid capital alongside targeted technical-assistance education to help entrepreneurs stabilize operations, rebuild, and recover.

In 2026, LISC LA will award 15 micro-grants of $5,000 each to small businesses (annual revenue < $2 million) in Pacific Palisades and Altadena that were directly impacted by the January 2025 wildfires.

For the 2026 grant cycle, these 15 awards will:

• Restore operations by funding equipment replacement, minor repairs, and inventory restocks.
• Stabilize cash flow through working-capital support for payroll, rent, and utilities.
• Strengthen capacity via quarterly webinars on cash-flow management, AI and digital marketing, and insurance navigation.

With $75,000 allocated to direct grants and $25,000 covering outreach, application management, webinar delivery, and individualized technical assistance, LA Rise & Renew ensures that wildfire-impacted entrepreneurs receive both the funds and the know-how needed to recover and rebuild sustainably.

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BMO and LISC LA have partnered to create an impactful grant program aimed at supporting the growth and sustainability of small businesses within Pacific Palisades and Altadena, focusing exclusively on businesses affected by the January 2025 wildfires. This initiative reflects a shared commitment to fostering meaningful financial progress in our communities by providing targeted financial support, tailored operational assistance, and expanded networking opportunities.

"LA Rise & Renew reflects a core part of our mission," said Nicole Williams, Executive Director of LISC LA. "In moments of crisis, our role is to stand with small businesses by providing not just capital, but the tools and guidance they need to reemerge stronger and build an even brighter future. To serve and support our community in the face of such devastating natural disasters is central to LISC LA's purpose, and helping neighbors is what we are all about."

"At BMO, we are deeply committed to driving financial progress for our local Los Angeles businesses and communities," said Halé Behzadi, Vice Chair, California, BMO U.S. "Through our LA Wildfire Recovery Fund, BMO is supporting community-led efforts like the LA Rise & Renew program that create lasting solutions for businesses, individuals, families and neighborhoods and help strengthen community resilience into the future."

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For more information, please visit BMO.com (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4585709-1&h=26696091&u=https%3A%2F%2Fwww.bmo.com%2Fen-ca%2Fmain%2Fpersonal%2F&a=BMO.com).

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