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. Our goal is to make sure we provide capital that meets goals and budget. Services include Small Business Support. Commissioners Court unanimously approved a plan to award up to 2,000 . By applying, we can find the right product to help you meet your business and financial needs. <> SAN ANTONIO (December 6, 2022)Bexar County announced last week that the Bexar County Assistance Program will offer $20 million in COVID relief grants to small businesses and nonprofits in January of next year. Can I apply? Funds must be used for business-related expenses, including payroll, working capital, business rent, inventory, supplies, equipment, and other operating costs. The application process for the $30 million Harris County Small Business Relief Fund is now open. Accepted highly visible role to restructure and realign senior program that provided 1,600 meals daily (900 home . Our special programs, in collaboration with our generous partners, are designed to provide you access to flexible funding and special rates. by Grace Rodriguez | Sep 7, 2021 | Front Page, Houston News, Latest News | 0 comments. Applications open today, September 20, 2021 with LiftFund to give women minority small business owners grants! By: Danica Lloyd - Community Impact. . The grant application will require verification of pertinent documentation. Create secure account. It loans money to . On August 10, Harris County approved the $30 million relief fund to support small and micro businesses recovering from the effects of the pandemic. Please check spam and trash in case it was blocked. We will be hosting virtual info sessions to provide an overview of this grant program. LiftFund can help small business owners acquire real estate and equipment they need to grow their businesses. The Small Business Recovery Fund (SBRF) program, a $30 million grant program established to assist struggling small businesses who have been unable to obtain financial assistance from other COVID-19 relief programs, was approved by the Harris County Commissioners Court on June 30. 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. The City of Houstons program,Harvey Economic Development Program (HEDP), provides support to impacted small businesses and communities through small business loans and grants. We believe entrepreneurship is a path to financial and family well being and we create products and resources that close the small business finance gap thousands of small businesses face daily. Latino, Hispanic, Black, veteran and disadvantaged businesses can get free grants or low cost loans. You can view the list of prohibited NAICS codes here. My business was registered and began operating in January March 2020. If I applied for a Harris County COVID-19 grant last year, do I have to re-apply? The Harris County Small Business Relief Fund will provide grants ranging from $5,000 to $25,000 to eligible micro and small businesses. Applications will have up to 150 points based on the following five elements, each with a maximum of 30 points. Partner with LiftFund and connect your client to resources and capital so they begin a path to success. We expect around 2,000 micro and small businesses to be assisted. 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. Yes, for financial assistance, please visit www.liftfund.com/loan-offerings. https://www.cclerk.hctx.net/PersonalRecords.aspx#ANInfo. Registered business operating in Harris County. . Instead, in 2015, set her sights on opening a childcare center, where she could educate, support, and influence kids. <>/ExtGState<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/Annots[ 16 0 R 17 0 R 18 0 R 28 0 R 31 0 R] /MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> 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." How many businesses will be assisted through this program? Throughout the year, the SAHCC and LiftFund have combined efforts to urge the county to allocate ARPA funding for direct relief to small businesses. 1070 Grant Harris Rd. 4 0 obj More information about the partner organizations can be found here. Qualified businesses can obtain term loans (credit lines are not available) from $50,000 to $250,000 with interest rates of Prime + 4 to 6%. If I have more than one business, how is the annual revenue amount calculated? We can be reached by phone at 888-215-2373, by email at sbgrants@liftfund.com or you can submit a question online. The $20 million fund will create two different programs, one $10 million program for small businesses and a separate $10 million program for nonprofits. <> Apply now and a team member will review your information and documents to find a LiftFund product that fits your business goals and budget. How can I prove my address? The $30 million grant program will disburse awards of between $5,000 and $25,000 to up to 2,000 Harris County businesses. Click here for more about theHarvey Economic Development Program (HEDP). The grant application will require verification of pertinent documentation. Application opens today for Free Grant Money for small business owners in Harris County! 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. Then, gather and review your financials and credit history. Headquarters | 2014 S. Hackberry St, San Antonio, Texas 78210, USA, 2021 LiftFund All Rights Reserved | Privacy Policy | Terms of Service, About LiftFundImpactCommunityOur TeamClient Stories, ResourcesBusiness SupportLiftLearnEventsBlog, LoansAm I Ready?Funding OptionsRefer A Client, ChampionsPartnersSupportersClient Marketplace. annual revenue of less than $500,000 in 2019 and 2020. Judge Lina Hidalgo held a press conference on Tuesday, August 10, 2021, to announce a proposal for a new $30 million relief fund to support micro and small businesses recovering from the economic . Applications will have up to 150 points based on the following five elements, each with a maximum of 30 points. The only thing standing between small business owners and success is often capital. 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. If you file a Schedule C, use Line 1. 1368 75 1 EUWJB-75 75 DIY 1 EUWJB-75 Registration Available Mon, May 17 2021 to Wed, Jun 30 2021. You can also attend one of our free upcoming seminars, We can be reached by phone at 888-215-2373, by email at, In 2020, LiftFund provided over $98.2 million in prompt financial support to small business owners facing the economic impact of COVID-19, including relief loans, small business grants and PPP loans across its 15-state footprint. Dj Supastar talked with VP, Michi Clay of The Lift Fund on Face The Beat this past Sunday about FREE money that is available for small business owners. Grant Funding For Veterans Services. } To learn more about industry prioritization, click here. Small business applicants will be given priority if located in suburban and unincorporated areas. Take the next step to learn about our membership. County Judge Lina Hidalgo this week announced plans for a $30 million relief fund aimed at supporting micro and small businesses. . Can those be counted? Create a meaningful impact and drive change in Houston. Plus, Carmen Contreras, Ashlee Young, DJ Mr. Rogers, Kiotti Brown and huge artists like Rihanna, Drake, Migos, Bryson Tiller, Beyonce and Future. Eligible applications with the highest scores will be reviewed and awarded first, followed by applications with lower scores. %PDF-1.7 They include Arkansas, Guam, Rhode Island, the U.S. Virgin Islands, and Wisconsin. Funds must be used for business-related expenses, including payroll, working capital, business rent, inventory, supplies, equipment, and other operating costs. In 2020, LiftFund provided over $98.2 million in prompt financial support to small business owners facing the economic impact of COVID-19, including relief loans, small business grants and PPP loans across its 15-state footprint. Be prepared to share this information during the application process. If your business is in a low- to moderate-income community that LiftFund serves, you may qualify for a special SBA loan. The Small Business Relief Fund was created with funding from the American Rescue Plan Act and is being administered by LiftFund, a nonprofit organization that supports small business owners with funding and business education. Bexar County approved funding for the program earlier this year after collaborating with LiftFund and the San Antonio Hispanic Chamber of Commerce (SAHCC). The application window will open Monday, September 20 at 9:30AM and close Monday, October 4 at 5:30PM Central Standard Time. Instead, in 2015, set her sights on opening a childcare center, where she could educate, support, and influence kids. She thought about pursuing a career as a pediatric nurse, but that didnt appeal to her entrepreneurial spirit. Full Bio. 2022-2023 Grantees Home; Submit Status Report; Update Contact Information; Submit Quarterly Outcomes Report; Apply For 2023-24 Funding. The U.S. Department of the Treasury recently approved up to $339 million in funding for five states and territories under the State Small Business Credit Initiative (SSBCI). If I received a PPP or EIDL loan can my business still qualify for the program? We believe you deserve a path to success and were here to close the small business finance gap thousands of small businesses face daily. A list of our partner agencies and their contact information can be found here. The Harris Small Business Relief Fund awards will not be made on a first-come, first-served basis. We provide loans for: Whether you have limited credit, collateral or experience, our team will work with you to provide a loan that allows you to build your credit and improve your finances. | Greater Houston Partnership, Public Policy | Greater Houston Partnership, Become a Member | Greater Houston Partnership, Living in Houston | Greater Houston Partnership, Houston Data, Insight and Analysis | Greater Houston Partnership. Negative impact can be demonstrated by a decline in either gross or net revenue between 2019 and 2020. Funds from the $30 million fund will be distributed by LiftFund. 93.7 The Beat is Houston's REAL hip-hop and home of The Breakfast Club. Copyright 2023 Click2Houston.com is managed by Graham Digital and published by Graham Media Group, a division of Graham Holdings. LiftFund offers small business loans to entrepreneurs located in the following states: Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Missouri, Mississippi, New York, New Mexico, Oklahoma, South Carolina, Tennessee, and Texas. Notice: JavaScript is required for this content. . Thank you for your cooperation. We are committed to reviewing applications as quickly as possible. If your business was registered and began operating in January March 2020, you do not need to provide a 2019 tax return. As a Certified Development Company (CDC), LiftFund administers the SBAs 504 loan program in Texas. At a young age, Sophie Macey learned American Sign Language to communicate with her deaf cousin, Yasmin, and forged lasting friendships with other deaf children throughout her time in school. We can help. 1 0 obj Eligible small businesses applying or receiving support from other City or County program are able to apply for this program. We want to thank Judge Wolff and the County Commissioners for bringing this program to life. Our clients are diverse, minority owned, women owned, veteran owned, and come from all walks of life. We partner with the SBA and other lending institutions to provide small business capital solutions like startup loans, microloans and 504 loans in Houston. Apply and SubmitReview the list of information you need to apply through LiftFund and make sure you have all necessary documentation. Get Hired! To learn more, scroll down and/or attend one of LiftFunds upcoming Virtual Info Sessions: Tax-exempt businesses, gambling businesses, residential builders, speculative real estate investors, government entities and sexually-oriented businesses are not eligible. Applicants will need to be businesses registered in Harris County with: Applications for the program will run for two weeks beginning Sept. 20. .o]qWbW{~]yfg7%VYG.n0G:RMKl%W(~ $WuR#PVj$w%iB"q"-.~6(Oh5 }xZ(%N"Lzjn 1AG`". endobj The only thing standing between small business owners and success is often a lack of capital. To learn more about industry prioritization, click here. If you file an 1120, use Line 1a. 766 Grant Harris Rd. Fort Bend Small Business Grant. Get updates, toolkits and timely information about the virus and its economic impact. You can also attend one of our free upcoming seminars www.liftfund.com/events. Applications will be accepted from Monday. , provides support to impacted small businesses and communities through small business loans and grants. SBA COVID-19 Relief Options. View all San Marcos Property Records by Street. To qualify for the Small Business Relief Fund, micro and small business applicants must: Be located within Harris County Harris County to launch $30M small-business relief fund Sept. 20. The first of three award rounds for the Harris County Small Business Relief program has started! Government grant funds used for paying certain utilities or the mortgage for your business may also be non-taxable. Bexar County Small Business and Nonprofit Grants. She was recently appointed to the U.S. Treasury Committee for Racial Equity to advise Secretary Yellen on efforts to improve financial inclusion for communities of color. Harris County Commissioners approved the program on August 10 and businesses will be able to apply starting September 20 via a new website that will be linked from the county site. LiftFund supports thousands of small businesses through microloans, small business loans, and resources with dignity and respect. Business utility bill (water, gas, electric) Home based businesses may provide a home utility bill. The application review period will start on October 5, 2021 and continue through January 9, 2022. www.LiftFund.com; Application Review: June 22, 2020; Lottery: June 23, 2020; Awards: June 29, 2020-December . Know your business goals and needs. Please submit your grant questions using the form below and we'll reach out to you within 2 business days. stream No, the business must have been registered with the county or state and operating on or before April 1, 2020. #DJSupastar We know that applying for a loan can be daunting, but were more than just a lender were here to guide you through the process so you can apply with confidence, as well as guide you to understand how to best use your funding. 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. HOUSTON, Texas (KIAH) Some business owners in Harris County can now apply for the new $30 million small business relief fund. 920 Grant Harris Rd. A website with additional information for applicants is slated to go live on Aug. 20, Hidalgo said. The fund was created with funding from the American Rescue Plan Act and is being administered on behalf of Harris County by LiftFund, a nonprofit community development financial institution. For your convenience, services are being provided in-person, online, & by phone. LiftFund and other local community organizations will help applicants navigate the application process and overcome technological or language barriers. 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