Finding traditional business loans isnt easy. Yes, for financial assistance, please visit www.liftfund.com/loan-offerings. 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. 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. Bexar County Small Business and Nonprofit Grants. Check this, Must have 30 or fewer employees (including part time, contractors and full-time employees and owners), Experienced negative impact on operations due to the pandemic, Annual revenue of less than $500,000 dollars in 2019 and 2020, Be in good standing Texas Comptrollers office with no outstanding tax obligations or liabilities. The personal sacrifices that small business owners make day in and day out for their community are huge and we owe it to them to support them as we make it through the COVID-19 crisis and the associated economic challenges.. <>/Metadata 194 0 R/ViewerPreferences 195 0 R>> Thursday, September 23 at 12:00 pm. Funds must be used for business-related expenses, including payroll, working capital, business rent, inventory, supplies, equipment, and other operating costs. Tax-exempt businesses, hobby businesses, gambling businesses, residential builders, speculative real estate investors, government entities and sexually-oriented businesses are not eligible. Applications will be accepted from Monday. If youve been unable to obtain small business financing through traditional means, LiftFund is here to help. The Texas nonprofit LiftFund will administer the distribution of funds to applying organizations based on a transparent . More about these services:www.liftfund.com . LiftFund COVID Grants Assistance Form. Applications with the highest scores will be reviewed and approved first. adam carlyle taylor accident. This is an effort to reach businesses that may have been underserved by previous relief programs. 3 0 obj All grants will be awarded by January 2022. You can view the list of prohibited NAICS codes here. Register to connect with experts and members to discuss timely topics. Negative impact can be demonstrated by a decline in either gross or net revenue between 2019 and 2020. 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. We want to thank Judge Wolff and the County Commissioners for bringing this program to life. LiftFund is nonprofit community development financial institution with a 27-year track record of elevating underestimated and underserved communities across its 15-state footprint. Assisted in routine inspections, surveys, and complaint investigations. . Administered by local nonprofit small business advocate, LiftFund, the program was designed to assist local businesses and nonprofits recover and grow after the challenges of the pandemic. Please submit your grant questions using the form below and we'll reach out to you within 2 business days. If I am the only employee of my business, do I need to submit a payroll report or other proof? Since the beginning of the pandemic in spring 2020, Harris County has provided micro and small businesses with $40 million in aid. Is this program different from the City of Houston's grant program? HOUSTON, Texas (KIAH) Some business owners in Harris County can now apply for the new $30 million small business relief fund. <> As a sole proprietor, I am not required by the county or state to file a DBA. Learn more about becoming a LiftFund partner. Eligible applications with the highest scores will be reviewed and awarded first, followed by applications with lower scores. Registered as a business operating in Harris County, Must have 30 or fewer employees (including part-time, contractors and full-time employees and owners), Experienced negative impact on operations due to the pandemic, Annual revenue of less than $500,000 dollars in 2019 and 2020, Be in good standing with the Texas Comptrollers office with no outstanding tax obligations or liabilities. Prepared technical reports regarding emissions and environmental . Dj, Philanthropist, & TV Reality Personality, Zelma T. Lee, is better known to fans as DJ Supastar. KKR Small Business Builders. Business utility bill (water, gas, electric) Home based businesses may provide a home utility bill. 2 0 obj Our clients are diverse, minority owned, women owned, veteran owned, and come from all walks of life. How can I prove my address? 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. City of San Antonio & LiftFund to Offer Additional Grant Assistance to Small Business Owners. 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. For more information about LiftFund, visit www.LiftFund.com. If you need help with the Public File, call (713) 778-4745. Applications with the highest scores will be reviewed and approved first. 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. Somewhat Unlikely . LiftFund supports hard-working small business owners access money and resources they need to grow their business. 2022-2023 Grantees Home; Submit Status Report; Update Contact Information; Submit Quarterly Outcomes Report; Apply For 2023-24 Funding. 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. LiftFund supports thousands of small businesses through microloans, small business loans, and resources with dignity and respect. Join our movement in leveling the financial playing field and breaking the cycle of poverty through entrepreneurship. Applicants will need to be businesses registered in Harris County with: Applications for the program will run for two weeks beginning Sept. 20. Businesses use these loans to finance fixed asset acquisitions such as: Businesses in operation for 2 or more years can also use 504 loans to refinance existing debt that meets the following criteria: The graph to the right shows how LiftFund partners with a participating lender (typically a bank) to finance part of the project. 1090 Grant Harris Rd. 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. We know applying for a loan is an important decision, our team will be there to help you package and understand your funding options while youre applying with us. Register Email LiftFund provides small business loans for women & minority entrepreneurs andstartups in Houston, Texas. Apply Home; RFA Questions & Answers; New TVC Grants Portal For 2023-24 . Assistant Director Senior Programs. Advantages of the Micro and Small Business Loans Program. However, businesses and/or projects considered special purpose require an additional 5% from the owner. Nov 14 2022 The application window will remain open until Monday, October . Apply and SubmitReview the list of information you need to apply through LiftFund and make sure you have all necessary documentation. 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. Business Bank statements from first quarter of 2020 plus business bank statements from any other quarter in 2020, A January- August profit and loss statement for 2020 and one for January August 2021. 820 Grant Harris Rd. 2010 - Jun 20122 years. Small businesses in the county that found themselves affected by COVID-19 will soon be able to apply for a grant of up to $25,000. Instead, in 2015, set her sights on opening a childcare center, where she could educate, support, and influence kids. Funds must be used for business-related expenses, including payroll, working capital, business rent, inventory, supplies, equipment, and other operating costs. These local agencies will with the application process to help overcome technological or language barriers. They include Arkansas, Guam, Rhode Island, the U.S. Virgin Islands, and Wisconsin. There are also some exceptions. Click here to view a pdf copy of the application. If I received a PPP or EIDL loan can my business still qualify for the program? 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 To qualify for the Small Business Relief Fund, micro and small business applicants must: Be located within Harris County Whether youre a startup or an established business owner, we know business loans are an important tool for your business. The Harris County Small Business Relief Fund will provide grants ranging from $5,000 to $25,000 to eligible micro and small businesses. Full Bio. For more information about LiftFund, visit www.LiftFund.com. } If my business opened after April 2020, can I apply? Click the Apply Now button to the right to apply for a small business loan. Applicants who are not selected for funding will receive a notification email by January 31st, 2022. We know entrepreneurs, no matter their life story, are dedicated to improving their lives and their familys well being. The SAHCC is proud to continue our advocacy efforts with our partners at LiftFund, and grateful to our county leadership for their support of our small business community, said SAHCC President & CEO, Marina Gonzales. The $30 million fund is a continuation of Harris County's financial support to small businesses reeling from these setbacks. 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 . How LiftFund supports thousands of small businesses through microloans, small business loans, and resources with dignity and respect. The business must be registered to be considered. Fort Bend Small Business Grant. I use a PO Box on my business registration and/or my tax return. Upon graduating, Sophies aunt encouraged her to pursue an ASL career and follow her passion of bridging the gap between the deaf and hearing communities. Many grants specifically for veterans are non-taxable. The county has approved a $30 million relief fund to support small businesses recovering from the COVID-19 pandemic. Harris County Small Business Relief Program Powered By: Welcome to the Harris County Small Business Relief program application portal. My business was registered and began operating in January March 2020. 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. endobj 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. Business utility bill (water, gas, electric) Home based businesses may provide a home utility bill. HomeMediaLiftFund Inc. Small Business Support, Nonprofit Organization based in the Alamo Region. . Ebony Harris has a special way with children its a gift. Application opens today for Free Grant Money for small business owners in Harris County! #DJSupastar The new $30 million relief fund is . You need capital that can support you a loan that can help you grow your business so you can prove your success and qualify for a bank loan. Your DecisionWell assess your application and documents to make a decision. In order to keep our team focused on the review and award process, we kindly ask that you refrain from contacting us to request a status update, as we may not be able to provide an immediate response to your inquiry. Please select services and we will contact you. Partners include bankers, small business owners, referral partners and expert consultants, and more. Here is the eligibility criteria, according to a news release from Hidalgos office: Copyright 2021 by KPRC Click2Houston - All rights reserved. The Fort Bend County Commissioners Court has approved a small business emergency grant program to assist businesses impacted by Covid-19. If I am not eligible for this grant, are there any other resources for me? Does LiftFund have experience serving the small business community? Chica Verdes mission is to bring a bit of warmth and green into the life of its customers, who are the center of the business. Applications will be accepted from Monday. Why Houston? The grant program will disburse awards of between $5,000 . 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. By joining our movement, you say yes to financial inclusion and opportunity for all. If my business is located outside of Harris County but I serve customers within the county, can I apply? ARHP a pplications are available to all interested and eligible applicants (as outlined in the application) from September 28, 2022, to November 3, 2022 or until available program funding is fully allocated. SOAR Fund - The Southern Opportunity And Resilience Fund. 1070 Grant Harris Rd. Extremely Unlikely . Box 12277 The City of Houstons program, Harvey Economic Development Program (HEDP). 93.7 The Beat is Houston's REAL hip-hop and home of The Breakfast Club. .nf-form-content .nf-field-container #nf-field-315-wrap { Funds must be used for business-related expenses, including payroll, working capital, business rent, inventory, supplies, equipment, and other operating costs. Be prepared to share this information during the application process. . The application process for the $30 million Harris County Small Business Relief Fund is now open. Business and financial training. To learn more about industry prioritization, click here. 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. Then, gather and review your financials and credit history. Harris County Community Services Department (HCCSD) has released the Harris County Affordable Rental Housing Program (ARHP) Request for Applica tions /Proposals (RFA). The grant application will require verification of pertinent documentation. - Reporter, Houston Business Journal. The City of Houstons program,Harvey Economic Development Program (HEDP), provides support to impacted small businesses and communities through small business loans and grants. As a Certified Development Company (CDC), LiftFund administers the SBAs 504 loan program in Texas. I dont receive a business utility bill. 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. On August 10, Harris County approved the $30 million relief fund to support small and micro businesses recovering from the effects of the pandemic. We will be hosting virtual info sessions to provide an overview of this grant program. 4 0 obj Harris County will distribute another $30 million in federal COVID-19 relief aid to help small businesses weather the pandemic. 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. Comcast RISE. LiftFund provides small business loans for women & minority entrepreneurs and startups in Houston, Texas. The only thing standing between small business owners and success is often capital. Businesses must not have any outstanding tax liabilities. 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. by Grace Rodriguez | Sep 7, 2021 | Front Page, Houston News, Latest News | 0 comments. We are committed to reviewing applications as quickly as possible. The grant program will go far in supporting our members and small business community., 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, recently appointed to the U.S. Treasury Committee for Racial Equity. How will you verify my physical business address? Running a small business is a huge challenge, even during the good times, Hidalgo said in announcing the fund. https://www.cclerk.hctx.net/PersonalRecords.aspx#ANInfo. Small business applicants will be given priority if located in suburban and unincorporated areas. info@tvc.texas.gov. The SBA created the 504 loan program to help entrepreneurs finance commercial real estate and equipment for their businesses. Will the application process accommodate business owners facing technological or language barriers? Harris County and LiftFund are offering one more webinar to provide an overview of the grant program, eligibility guidelines and more information about how to apply. Can I apply? Houston, Texas Area. Since 1998, LiftFund has provided over $68.7 million in capital and more than 4,300 business loans to East Texas small business owners and entrepreneurs, of which 81% are Black, Indigenous and People of Color (BIPOC), 65% are Low-to-Moderate Income individuals, 43% are women, and 24% are startups. Bexar County Small & Micro Business COVID-19 Relief Grant Program is a new fund to provide emergency relief to small businesses struggling under the financial impact of COVID-19. https://www.cclerk.hctx.net/PersonalRecords.aspx#ANInfo. Yes, the Harris County Small Business Relief program is designed to support micro and small businesses impacted by COVID-19. Get Hired! 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." LiftFund and other local community organizations will help applicants navigate the application process and overcome technological or language barriers. The first of three award rounds for the Harris County Small Business Relief program has started! We provide loans and resources to budding and established business owners; our clients are minority, women, veteran, and startup and established business owners. } It loans money to . If I have more than one business, how is the annual revenue amount calculated? Since 1994, LiftFund has provided over $409 million in opportunity funding and business education to small business owners and aspiring entrepreneurs. Yes, as long as your business is registered with a DBA and you filed a ScheduleCin 2019 and 2020 for your business. The annual revenue amount will only be reviewed for the location listed on the application and not the total of all businesses owned by the applicant. 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? 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. Find San Marcos, TX residential property records including property owners, sales & transfer history, deeds & titles, property taxes, valuations . Source: LiftFund. The fund will use money earmarked for Harris County recovery from the American Rescue Plan Act. My business is home based and all of my utilities are in someone elses name. Join the LiftFund family as a client today. 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. 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. font-size:12pt; She thought about pursuing a career as a pediatric nurse, but that didnt appeal to her entrepreneurial spirit. By applying, we can find the right product to help you meet your business and financial needs. Commissioners Court unanimously approved a plan to award up to 2,000 . 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. Instead, in 2015, set her sights on opening a childcare center, where she could educate, support, and influence kids. Created with funding from the American Rescue Plan Act (ARPA), the Small Business Relief Fund is being administered by LiftFund, a nonprofit community development financial institution (CDFI); and we are proud to announce that Impact Hub Houston is partnering with LiftFund to help more entrepreneurs, founders, and micro and small businesses learn about and get access to this critical funding so they can survive and thrive in these incredibly trying times. 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%. The fund will use money earmarked for Harris County recovery from the American Rescue Plan Act.
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