The City of San Antonio Small Business COVID Impact Grants Program will provide financial support in the form of grants to micro and small business owners who continue to be impacted by the pandemic to strengthen the San Antonio small business community.The program, funded by the City of San Antonio and administered by LiftFund, has dedicated $17,000,000 Million in funding to support for . Applicants will need to be businesses registered in Harris County with: Applications for the program will run for two weeks beginning Sept. 20. Policy News - March 2, 2023. } If your business is in a low- to moderate-income community that LiftFund serves, you may qualify for a special SBA loan. By applying, we can find the right product to help you meet your business and financial needs. Harris County has created a new $30 Million Small Business Relief Fund to support micro and small businesses recovering from the economic effects of the COVID-19 pandemic. 1090 Grant Harris Rd. The $30 million grant program will disburse awards of between $5,000 and $25,000 to up to 2,000 Harris County businesses. The application window will remain open until Monday, October . Very Likely . How Small business loans in Houston, TX up to. The Texas nonprofit LiftFund will administer the distribution of funds to applying organizations based on a transparent scoring system that will prioritize businesses and business owners in vulnerable areas as well as minority- and women-owned businesses. https://www.cclerk.hctx.net/PersonalRecords.aspx#ANInfo. These local agencies will with the application process to help overcome technological or language barriers. Services include Small Business Support. Grants will range from $5,000 to $25,000. The application window for Harris County's new $30 million Small Business Relief Fund opened Sept. 20 and will close Oct. 4 at 5:30 p.m. Our goal is to make sure we provide capital that meets goals and budget. Can I apply? We can help you get the funding you need, even if youve been turned down before. The first of three award rounds for the Harris County Small Business Relief program has started! Eligible small businesses applying or receiving support from other City or County program are able to apply for this program. Notice: JavaScript is required for this content. .nf-form-content .nf-field-container #nf-field-315-wrap { If I have more than one business, how is the annual revenue amount calculated? Don't forget to end the meal with bananas foster or godiva chocolate cake." Can a third party, such as a CPA, submit an application on behalf of a business owner? How LiftFund supports thousands of small businesses through microloans, small business loans, and resources with dignity and respect. How many businesses will be assisted through this program? LiftFund is proud to serve the small businesses and nonprofits that are the heart of this county, says Ms. Barrera. Small businesses throughout Harris County that have been affected by the COVID-19 pandemic will soon be able to apply for grants ranging from $5,000-$25,000. The application process is not first-come, first-served; all completed applications will be reviewed for eligibility and prioritized based on small business impact parameters. <> No, businesses must submit both the 2019 and 2020 business tax returns to be considered,unless the business was registered and began operating in January March 2020, in which case the 2019 return is not required. Were a partner with SBA and the program funds startups and existing businesses, startup costs, operating expenses, business acquisition, refinancing business debt, tenant improvements, working capital, equipment purchases and more. The grant application will require verification of pertinent documentation. We can help. They include Arkansas, Guam, Rhode Island, the U.S. Virgin Islands, and Wisconsin. Business Financials: 2019 and 2020 business tax return (additional financial documents, such as bank statements or P&L may be requested if losses cannot be verified by the tax returns), DD 214 proof of military discharge (veterans only), The program has a priority for woman, minority and veteran-owned businesses, Receipt of previous federal COVID-19 funding through PPP loan, EIDL or Harris County grants, The program has a priority for businesses with fewer than 10 employees. Harris County urges business owners to apply by visiting the website at www.harriscountybusinessrelief.org to review the applicant checklist to verify eligibility for this program and also to be prepared with the proper documentation needed to apply before the application portal opens. font-size:12pt; Take the next step to learn about our membership. Please check spam and trash in case it was blocked. Valorie Anne Reynolds is the proud owner of Chica Verde, a vintage home dcor shop in San Antonio, Texas, with a niche in outdoor dcor that features Texas plants. LiftFund is nonprofit community development financial institution with a 27-year track record of elevating underestimated and underserved communities across its 15-state footprint. P.O. SBA COVID-19 Relief Options. Government grant funds used for paying certain utilities or the mortgage for your business may also be non-taxable. } Yes, as long as your business is registered with a DBA and you filed a ScheduleCin 2019 and 2020 for your business. Valorie Anne Reynolds is the proud owner of Chica Verde, a vintage home dcor shop in San Antonio, Texas, with a niche in outdoor dcor that features Texas plants. Applications will have up to 150 points based on the following five elements, each with a maximum of 30 points. Please submit your grant questions using the form below and we'll reach out to you within 2 business days. By: Danica Lloyd - Community Impact. Harris County Community Services Department (HCCSD) has released the Harris County Affordable Rental Housing Program (ARHP) Request for Applica tions /Proposals (RFA). The new $30 million relief fund is subsidized by the American Rescue . Click here to view a pdf copy of the application. In 2020, LiftFund provided over $98 million in relief funding, including zero-to-low interest rate loans and grants, to small business owners across its 15-state footprint including over $6.1 . You can view the list of prohibited NAICS codes here. LiftFund provides small business loans for women & minority entrepreneurs and startups in Houston, Texas. No, you may only submit one application for one business. The Harris County Small Business Relief Fund will provide grants ranging from $5,000 to $25,000 to eligible micro and small businesses. . If this describes you, the SBA 7A Community Advantage loan program may be the right fit. Additionally, please uploadoneof the two options below to the application: The amount you are eligible for is based on the number of full time equivalent (FTE) employees you have. LiftFund and other local community organizations will help applicants navigate the application process and overcome technological or language barriers. Registered business operating in Harris County. 1 0 obj liftfund requirements. Copyright 2023 Click2Houston.com is managed by Graham Digital and published by Graham Media Group, a division of Graham Holdings. To learn more about industry prioritization, click here. Applications open today, September 20, 2021 with LiftFund to give women minority small business owners grants! LiftFund can help small business owners acquire real estate and equipment they need to grow their businesses. To qualify, applicants must show that they were negatively affected by the COVID pandemic. Your DecisionWell assess your application and documents to make a decision. Partner with LiftFund and connect your client to resources and capital so they begin a path to success. How can I prove my address? Dj, Philanthropist, & TV Reality Personality, Zelma T. Lee, is better known to fans as DJ Supastar. A list of our partner agencies and their contact information can be found here. We're here to support determined entrepreneurs like you with loans, tools and resources to grow your business. If you do not receive any additional funding besides the Harris County grant, what is the likelihood of your business being open on 12/31/2022? A website with additional information for applicants is slated to go live on Aug. 20, Hidalgo said. San Antonio company LiftFund said many small businesses aren't fully prepared for a natural disaster or emergency, so it has secured a $500,000 federal grant to change that. If my business is located outside of Harris County but I serve customers within the county, can I apply? , provides support to impacted small businesses and communities through small business loans and grants. Valorie Anne Reynolds is the proud owner of Chica Verde, a vintage home dcor shop in San Antonio, Texas, with a niche in outdoor dcor that features Texas plants. LiftFund supports hard-working small business owners access money and resources they need to grow their business. We provide loan solutions that include SBA micro-loans, SBA 504 Loans and the SBA Community Advantage. Texas Border Businesss. https://www.cclerk.hctx.net/PersonalRecords.aspx#ANInfo. LiftFund offers the Community Advantage loan to small businesses located in the following states: Alabama, Arkansas, California, Florida, Georgia, Kentucky, Louisiana, Mississippi, Missouri, New Mexico, New York, Oklahoma, South Carolina, Tennessee, and Texas. As a sole proprietor, do I submit my full 1040 personal tax return or just my Schedule C? info@tvc.texas.gov. Is the $500,000 annual revenue limit based on gross or net revenue? Robyn Harris, LiftFund robyn@gilbcomm.com, 281-649-9595 Martha Zurita, LiftFund mzurita@liftfund.com, 210-531-5518 Press Office, Harris County Judge press@cjo.hctx.net, 713-274-7050 Apply starting Sept. 20 for $30 million Harris County small business relief program, managed by LiftFund Eligible small and micro businesses may receive grants Know your business goals and needs. To learn more about industry prioritization, click here. Business and financial training. By joining our movement, you say yes to financial inclusion and opportunity for all. LiftFund, a nonprofit community development financial institution with a presence in Houston, is expanding its financial . Available for start-up and existing businesses; SBA guarantee allows us to provide financing; Cash flow must be sufficient for payments; Owner Injection: 20% startups, 20% business acquisitions; Projections reviewed for businesses affected by COVID19; More than 50% of workforce is low-income, or resides in LMI census tracts, 51% or more owned by veterans, active duty military participating in the militarys Transition Assistance Program (TAP), reservist or National Guard member or a spouse of any of these groups, 51% or more owned by a widowed spouse of a service member who died while in service, or a widowed spouse of a veteran who died of a service-connected disability, Current on all payments for the last 12 months, It was used originally (85% or more) to finance eligible 504 uses (see above). Eligible small business owners may apply for financial support in the form of grants ranging from $5,000 to $25,000 to advance their recovery from the economic setbacks caused by the COVID-19 pandemic. The nonprofit community development financial institution provides aid to small business owners across its 15-state footprint, the county said, including more than $6.1 million in funding for Harris County small business owners."
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