LiftFund, a nonprofit community development financial institution with a presence in Houston, is expanding its financial . 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. endobj 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. The application review period will start on October 5, 2021 and continue through January 9, 2022. We are thrilled to provide access to insightful case studies and reports, as well as host events such as our Learning Days and funder . 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. You will be asked to submit a current business utility bill as part of the application. May 2010 - Aug 20104 months. If I have more than one business, how is the annual revenue amount calculated? If you file a Schedule C, use Line 1. It is based on gross revenue. Community partners will be available to assist interested applicants with the online application, to give as many businesses and nonprofits as possible the opportunity to apply. If I have questions, how do I contact LiftFund? 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. We're here to support determined entrepreneurs like you with loans, tools and resources to grow your business. Instead, in 2015, set her sights on opening a childcare center, where she could educate, support, and influence kids. The application window will open Monday, September 20 at 9:30AM and close Monday, October 4 at 5:30PM Central Standard Time. The grant application will require verification of pertinent documentation. Grant Awards & Limitations. Policy News - March 2, 2023. %PDF-1.7 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. 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. .nf-form-content .nf-field-container #nf-field-321-wrap .nf-field-label label { <>/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>> Get Hired! If you are a small business owner that live in Harris County, and was affected by the pandemic, then hit the link below to apply for FREE GRANT money . The $20 million fund will create two different programs, one $10 million program for small businesses and a separate $10 million program for nonprofits. We are committed to reviewing applications as quickly as possible. HOUSTON Harris County Judge Lina Hidalgo will announce the start of the Harris County Small Business Relief Fund Application period on Monday. The fund will use money earmarked for Harris County recovery from the American Rescue Plan Act. Funds must be used for business-related expenses, including payroll, working capital, business rent, inventory, supplies, equipment, and other operating costs. /* FIELDS STYLES */ Laredo, Texas - LiftFund and the City of Laredo have teamed up to launch a nearly $2 million Small Business Grant Program aimed at strengthening the Laredo small business community who have continued to be impacted by COVID-19.The new program will provide grants of $5,000 to $25,000 to qualifying micro and small for-profit business owners operating in Laredo. endobj Tax-exempt businesses, hobby businesses, gambling businesses, residential builders, speculative real estate investors, government entities and sexually-oriented businesses are not eligible. 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 . Accepted highly visible role to restructure and realign senior program that provided 1,600 meals daily (900 home . I have not yet filed my 2020 tax return. Below you will find more details about this program, including eligibility, funding methodology and timeframe. <> #nf-form-28-cont .nf-form-title h3 { 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." To qualify for the Small Business Relief Fund, micro and small business applicants must: Be located within Harris County font-size:12pt; The $20 million fund will create two different programs, one $10 million program for small businesses and a separate $10 million program for nonprofits. Throughout the year, the SAHCC and LiftFund have combined efforts to urge the county to allocate ARPA funding for direct relief to small businesses. Ebony Harris has a special way with children its a gift. font-size:12px; Please submit your grant questions using the form below and we'll reach out to you within 2 business days. www.LiftFund.com; Application Review: June 22, 2020; Lottery: June 23, 2020; Awards: June 29, 2020-December . Partners include bankers, small business owners, referral partners and expert consultants, and more. County Judge Lina Hidalgo this week announced plans for a $30 million relief fund aimed at supporting micro and small businesses. 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. Somewhat Likely . 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. We can help. Create secure account. The only thing standing between small business owners and success is often capital. 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). Small business applicants will be given priority if located in suburban and unincorporated areas. Please refer to the Scope of Work for additional information. .o]qWbW{~]yfg7%VYG.n0G:RMKl%W(~ $WuR#PVj$w%iB"q"-.~6(Oh5 }xZ(%N"Lzjn 1AG`". A list of our partner agencies and their contact information can be found, Yes. By applying, we can find the right product to help you meet your business and financial needs. Applications will be accepted from Monday. Get updates, toolkits and timely information about the virus and its economic impact. 2 0 obj For some, entrepreneurship is the only source of income, and a pathway out of poverty. 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. Commissioners Court unanimously approved a plan to award up to 2,000 . Grant Funding For Veterans Services. 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. 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. Since the beginning of the pandemic in spring 2020, Harris County has provided micro and small businesses with $40 million in aid. Advantages of the SBA 7(a) Community Advantage Loans Program. Instead, in 2015, set her sights on opening a childcare center, where she could educate, support, and influence kids. Thats especially true if youre a startup, in a risky business industry or both. All grants will be awarded by January 2022. annual revenue of less than $500,000 in 2019 and 2020. Were a social enterprise that finds solutions to level the financial playing field for entrepreneurs who are often left out of financial mainstream. If you need help with the Public File, call (713) 778-4745. The grant program will disburse awards of between $5,000 . } We know you and your business need support during this time. 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. 2010 - Jun 20122 years. City of San Antonio & LiftFund to Offer Additional Grant Assistance to Small Business Owners. Applications must be done online. font-size:12pt; I use a PO Box on my business registration and/or my tax return. https://www.harriscountybusinessrelief.org/, Registered business operating in Harris County. Texas Border Businesss. No, revenue must be less than $500,000 in both 2019 and 2020. Can a third party, such as a CPA, submit an application on behalf of a business owner? Latino, Hispanic, Black, veteran and disadvantaged businesses can get free grants or low cost loans. Small business owners have something to look forward to later this month, as Harris County launches The Small Business Relief Fund, a grant administered by LiftFund in order to help assist small . 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. Registration Available Mon, May 17 2021 to Wed, Jun 30 2021. Here is the eligibility criteria, according to a news release from Hidalgos office: Copyright 2021 by KPRC Click2Houston - All rights reserved. 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. We can help you get the funding you need, even if youve been turned down before. 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. Our special programs, in collaboration with our generous partners, are designed to provide you access to flexible funding and special rates. She thought about pursuing a career as a pediatric nurse, but that didnt appeal to her entrepreneurial spirit. How many businesses will be assisted through this program? This is an effort to reach businesses that may have been underserved by previous relief programs. Do Not Sell or Share My Personal Information. LiftFund is proud to serve the small businesses and nonprofits that are the heart of this county, says Ms. Barrera. Advantages of the Micro and Small Business Loans Program. 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 . We want to thank Judge Wolff and the County Commissioners for bringing this program to life. Yes, businesses are eligible to apply and the amount of previously received funding will be factored into calculation of grant score. Yes, we will calculate the number of full time equivalent (FTE) employees, including 1099 workers. Grants will be awarded in three months beginning in November and continuing through January, 2022. Your password must be at least 7 characters long. The Harris County Small Business Relief Fund will provide grants ranging from $5,000 to $25,000 to eligible micro and small businesses. 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. However, businesses and/or projects considered special purpose require an additional 10% from the owner. Houston's Harris County brought the most business owners to LiftFund by far, with 230 applications totaling more than $22 million in "pre-approved" loan amounts, which are based . LiftFund supports hard-working small business owners like you access money and resources you need to grow your business. 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. Join our movement in leveling the financial playing field and breaking the cycle of poverty through entrepreneurship. Click here for more about theHarvey Economic Development Program (HEDP). SBA COVID-19 Relief Options. You will need to submit your 2020 tax return. . 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. 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. LiftFund tiene races profundas en el condado Harris y es un defensor de nuestra comunidad. The Harris County Small Business Relief Fund will provide grants ranging from $5,000 to $25,000 to eligible micro and small businesses. 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. Extremely Unlikely . LiftFund provides small business loans for women & minority entrepreneurs and startups in Houston, Texas. Then, gather and review your financials and credit history. 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. By: Danica Lloyd - Community Impact. Aug. 10 a partnership with LiftFund, an independent nonprofit . If I applied for a Harris County COVID-19 grant last year, do I have to re-apply? You can also attend one of our free upcoming seminars www.liftfund.com/events. Apply Home; RFA Questions & Answers; New TVC Grants Portal For 2023-24 . Yes, for financial assistance, please visit www.liftfund.com/loan-offerings. 1070 Grant Harris Rd. No, the business must have been registered with the county or state and operating on or before April 1, 2020. Assisted in routine inspections, surveys, and complaint investigations. If I have 2 businesses, can I submit an application for each? For more information, or to get information for the Harris County Business Relief program in Spanish or Vietnamese, please visit https://www.harriscountybusinessrelief.org/, 2023 Impact Hub Houston - houston.impacthub.net - 1801 Main St, 10th Floor, Houston TX 77002 - #HOUimpact, Harris County has created a new $30 Million Small Business Relief Fund.
1989 Florida Gators Football Roster,
Who Is The Most Educated Person In South Sudan?,
Paul Ostrowski Obituary,
Articles L
