Eligible small businesses applying or receiving support from other City or County program are able to apply for this program. The $20 million fund will create two different programs, one $10 million program for small businesses and a separate $10 million program for nonprofits. Thank you. Registered business operating in Harris County. City of San Antonio & LiftFund to Offer Additional Grant Assistance to Small Business Owners. 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. Corpus Christi, Texas Area. .nf-form-content .nf-field-container #nf-field-321-wrap .nf-field-label label { Below you will find more details about this program, including eligibility, funding methodology and timeframe. We believe you deserve a path to success and were here to close the small business finance gap thousands of small businesses face daily. SOAR Fund - The Southern Opportunity And Resilience Fund. Partner with LiftFund and connect your client to resources and capital so they begin a path to success. Desde 1998, LiftFund ha proporcionado ms de $68.7 millones de dolares en capital y ms de 4.300 prstamos comerciales a propietarios y emprendedores de pequeas empresas del este de Texas, de los cuales el 81% son negros, indgenas y de color (BIPOC), el 65% son individuos de bajos a moderados . The $30 million grant program will disburse awards of between $5,000 and $25,000 to up to 2,000 Harris County businesses. Grants will be awarded in three months beginning in November and continuing through January, 2022. Be prepared to share this information during the application process. 3 0 obj The only thing standing between small business owners and success is often capital. Throughout the year, the SAHCC and LiftFund have combined efforts to urge the county to allocate ARPA funding for direct relief to small businesses. Running a small business is a huge challenge, even during the good times, Hidalgo said in announcing the fund. 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 Yes, businesses are eligible to apply and the amount of previously received funding will be factored into calculation of grant score. annual revenue of less than $500,000 in 2019 and 2020. 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. Yes, the Harris County Small Business Relief program is designed to support micro and small businesses impacted by COVID-19. East Harris County Empowerment Council (281) 712-2550 Spring Klein Chamber of Commerce (281) 257-9559. 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. Your DecisionWell assess your application and documents to make a decision. For some, entrepreneurship is the only source of income, and a pathway out of poverty. Grant Awards & Limitations. But when other lenders are telling you no, LiftFund wants to say yes. County Judge Lina Hidalgo this week announced plans for a $30 million relief fund aimed at supporting micro and small businesses. Startup loans. Click here for more about theHarvey Economic Development Program (HEDP). Register to connect with experts and members to discuss timely topics. Since the beginning of the pandemic in spring 2020, Harris County has provided micro and small businesses with $40 million in aid. Once I submit my application, can I confirm LiftFund received it? The first of three award rounds for the Harris County Small Business Relief program has started! Businesses use these loans to finance fixed asset acquisitions such as: Some furniture and fixturesBusinesses 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. Applications must be done online. Advantages of the SBA 7(a) Community Advantage Loans Program. If I am not eligible for this grant, are there any other resources for me? Negative impact can be demonstrated by a decline in either gross or net revenue between 2019 and 2020. 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. Find small business grants or loans in Texas that help minorities and women owned businesses. Partners include bankers, small business owners, referral partners and expert consultants, and more. She thought about pursuing a career as a pediatric nurse, but that didnt appeal to her entrepreneurial spirit. Instead, in 2015, set her sights on opening a childcare center, where she could educate, support, and influence kids. 920 Grant Harris Rd. This type of funding is essential for rebuilding the economy of Bexar County communities. Be prepared to share this information during the application process. Applications open today, September 20, 2021 with LiftFund to give women minority small business owners grants! Aug. 10 a partnership with LiftFund, an independent nonprofit . However, businesses and/or projects considered special purpose require an additional 10% from the owner. 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. Since 2011, the LIFT Fund has served as a resource hub for people and organizations interested in learning more about innovative strategies and tactics that move the workers' rights movement forward. If my revenue was less than $500,000 in either 2019 or 2020 but greater than $500,000 in the other year, am I eligible? Applications will have up to 150 points based on the following five elements, each with a maximum of 30 points. The grant funds will be awarded monthly beginning in November 2021 and through January 2022. Can a third party, such as a CPA, submit an application on behalf of a business owner? As a Certified Development Company (CDC), LiftFund administers the SBA's 504 loan program in Texas. Below you will find more details about this program, including eligibility, funding methodology and timeframe. The Harris County Small Business Relief Fund will provide grants ranging from $5,000 to $25,000 to eligible micro and small businesses. Click the Apply Now button to the right to apply for a small business loan. Harris County Community Services Department (HCCSD) has released the Harris County Affordable Rental Housing Program (ARHP) Request for Applica tions /Proposals (RFA). 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. The $30 million fund is a continuation of Harris County's financial support to small businesses reeling from these setbacks. No, number of employees will be calculated based on first quarter 2021. 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. Since the beginning of the pandemic in spring 2020, Harris County has provided micro and small businesses with $40 million in aid. by Grace Rodriguez | Sep 7, 2021 | Front Page, Houston News, Latest News | 0 comments. The application window will remain open until Monday, October 4 at 5:30 p.m. On Aug. 10, Harris County approved the $30 million relief fund to support small and micro businesses recovering from the effects of the pandemic. 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. 2010 - Jun 20122 years. Join the LiftFund family as a client today. Yes, we will calculate the number of full time equivalent (FTE) employees, including 1099 workers. Latino, Hispanic, Black, veteran and disadvantaged businesses can get free grants or low cost loans. 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. We provide loan solutions that include SBA micro-loans, SBA 504 Loans and the SBA Community Advantage. Yes, the Harris County Small Business Relief program is designed to support micro and small businesses impacted by COVID-19. The new $30 million relief fund is . LiftFund and other local community organizations will help applicants navigate the application process and overcome technological or language barriers. For over twenty five years, weve provided millions of dollars in loans to help deserving entrepreneurs grow their businesses and achieve their dreams. Nov 14 2022 Bexar County approved funding for the program earlier this year after collaborating with LiftFund and the San Antonio Hispanic Chamber of Commerce (SAHCC). Get Hired! 2 0 obj . 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. Search For Grant-Funded Services; Support Grant-Funded Services; Manage Current 2022-23 Funding. For more information about LiftFund, visit. 11 Aug 2021. The fund will use money earmarked for Harris County recovery from the American Rescue Plan Act. The Small Business Relief Fund was created with funding from the American Rescue Plan Act (ARPA) and is being administered by LiftFund, a nonprofit organization that supports small business owners . } Funds must be used for business-related expenses, including payroll, working capital, business rent, inventory, supplies, equipment, and other operating costs. We provide loans and resources to budding and established business owners. 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. Is the $500,000 annual revenue limit based on gross or net revenue? Our special programs, in collaboration with our generous partners, are designed to provide you access to flexible funding and special rates. Comcast RISE. 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. County Judge Lina Hidalgo this week announced plans for a $30 million relief fund aimed at supporting micro and small businesses. 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. /* FORM STYLES */ We are proud to partner with local community organizations collaborating as partners. She thought about pursuing a career as a pediatric nurse, but that didnt appeal to her entrepreneurial spirit. 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. 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. For more information about LiftFund, visit, LiftFund has deep roots in Harris County and is a champion for our small business community. No, you may only submit one application for one business. Were a local nonprofit organization that makes capital more accessible to help small business owners create wealth for themselves, their families, and their communities. By applying, we can find the right product to help you meet your business and financial needs. Most projects require a 50-40-10 split. These local agencies will with the application process to help overcome technological or language barriers. | 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. www.LiftFund.com; Application Review: June 22, 2020; Lottery: June 23, 2020; Awards: June 29, 2020-December . endobj LiftFund COVID Grants Assistance Form. It is based on gross revenue. Since 1994, LiftFund has provided over $409 million in opportunity funding and business education to small business owners and aspiring entrepreneurs. liftfund requirements. Get the latest COVID-19 guidance and information via our resources page. More information about the partner organizations can be found here. Business utility bill (water, gas, electric) Home based businesses may provide a home utility bill. We are proud to partner with local community organizations collaborating as partners. Harris County Commissioners and LiftFund have seen firsthand the alarming impact that . By Chris Mathews. We can be reached by phone at 888-215-2373, by email at sbgrants@liftfund.com or you can submit a question online. SSBCI was established in 2010 and then recently . If you file an 1120, use Line 1a. How many businesses will be assisted through this program? Yes. Get updates, toolkits and timely information about the virus and its economic impact. Our clients are diverse, minority owned, women owned, veteran owned, and come from all walks of life. Yes, for financial assistance, please visit www.liftfund.com/loan-offerings. Do Not Sell or Share My Personal Information. Like in many communities, the aftermath of the pandemic continues to be felt by Bexar County. HOUSTON Harris County Judge Lina Hidalgo will announce the start of the Harris County Small Business Relief Fund Application period on Monday. x=ko#9r0m6~#c;Id/dY~d-q|f6e@-b]|K}9>>.N>]]7wb;#!\TnxC Referred To County Affairs Mar 01 2023: HB 3072 (88th Legislature (2023)) Relating to the determination of the best interest of a child in certain suits affecting the parent-child relationship. Stay up-to-date on whats happening with the Partnership and Greater Houston region by opting-in to receive information on upcoming events, news, data releases and more. The business must be registered to be considered. Join our movement to build a stronger economy. We are thrilled to provide access to insightful case studies and reports, as well as host events such as our Learning Days and funder . Grants will range from $5,000 to $25,000. The application period opens Monday, July 13, 2020 and closes on Monday, July 27, 2020 with $24.7 million available. We provide loans and resources to budding and established business owners; our clients are minority, women, veteran, and startup and established business owners. colonel frank o'sullivan interview; beverly hills high school football Please refer to the Scope of Work for additional information. 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. Small business loans in Houston, TX up to $500,000. We want to thank Judge Wolff and the County Commissioners for bringing this program to life. Apply and SubmitReview the list of information you need to apply through LiftFund and make sure you have all necessary documentation. If your business was registered and began operating in January March 2020, you do not need to provide a 2019 tax return.