In addition to having a Social Equity Individual Applicant as an owner, a Social Equity Applicant (business entity) must have the requisite Equity Share and meet other related requirements established in LAMC Sections 104.20(a)(2) or 104.20(b)(2). 

A Social Equity Applicant is required to comply with Equity Share requirements before a License is issued or renewed.

Click here to view the Social Equity Program - Entity Verification Information and Procedure Bulletin.