For some, entrepreneurship is the only source of income, and a pathway out of poverty. #DJSupastar The new $30 million relief fund is subsidized by the American Rescue . Apply and SubmitReview the list of information you need to apply through LiftFund and make sure you have all necessary documentation. Grant applicants are only eligible to receive one grant award, Only one grant may be awarded per business with more than one location, Limited to one grant per physical address within Harris County, Drivers license or government-issued photo ID, Proof of business registration with Harris County or TX Secretary of State, Q1 2021 941, payroll report or 1099 to verify number of employees. The Texas nonprofit LiftFund will administer the distribution of funds to applying organizations based on a transparent . 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. Apply Online:www.liftfund.com/tvcdigital, Texas Veterans Commission If I received a PPP or EIDL loan can my business still qualify for the program? font-size:12pt; Bexar County Small Business and Nonprofit Grants. LiftFund will administer the grants, and all completed applications will be reviewed for basic eligibility. For your convenience, services are being provided in-person, online, & by phone. If I received Harris County assistance last year, am I eligible to apply for the grant? Prepare and GatherKnow your business goals and needs. You are welcome to get assistance in completing the application from a third party, however, the business owner should submit their own application and the contact info listed should be for the owner. How LiftFund supports thousands of small businesses through microloans, small business loans, and resources with dignity and respect. 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. Were here to help you strengthen your business. 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. 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. Houston, Texas Area. Instead, in 2015, set her sights on opening a childcare center, where she could educate, support, and influence kids. x=ko#9r0m6~#c;Id/dY~d-q|f6e@-b]|K}9>>.N>]]7wb;#!\TnxC 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. The grant application will require verification of pertinent documentation. LiftFund provides small business loans for women & minority entrepreneurs and startups in Houston, Texas. 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. Copyright 2023 Click2Houston.com is managed by Graham Digital and published by Graham Media Group, a division of Graham Holdings. As an entrepreneur with limited business education, Valorie lacked the traditional business acumen of many of her competitors. 766 Grant Harris Rd. Applications with the highest scores will be reviewed and approved first. Applicants who are not selected for funding will receive a notification email by January 31st, 2022. 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 you file a Schedule C, use Line 1. endobj <> We partner with the SBA and other lending institutions to provide small business capital solutions like startup loans, microloans and 504 loans in Houston. The Harris Small Business Relief Fund awards will not be made on a first-come, first-served basis. 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. Applicants selected to receive a grant will receive an award agreement through Docusign. LiftFund, a nonprofit community development financial institution with a presence in Houston, is expanding its financial . We can help you get the funding you need, even if youve been turned down before. Negative impact can be demonstrated by a decline in either gross or net revenue between 2019 and 2020. Harris County Judge Lina Hidalgo will announce the start of the Harris County Small Business Relief Fund Application period on Monday. Applications open today, September 20, 2021 with LiftFund to give women minority small business owners grants! County Judge Lina Hidalgo this week announced plans for a $30 million relief fund aimed at supporting micro and small businesses. Take the next step to learn about our membership. Our goal is to make sure we provide capital that meets goals and budget. LiftFund supports hard-working small business owners like you access money and resources you need to grow your business. San Antonio-based community lender LiftFund was selected to administer the . To learn more about industry prioritization, click here. Learn more about becoming a LiftFund supporter. You can view the list of prohibited NAICS codes here. 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? Click the Apply Now button to the right to apply for a small business loan. If I am the only employee of my business, do I need to submit a payroll report or other proof? Is negative impact on operations due to the pandemic based on gross or net revenue? If I applied for a Harris County COVID-19 grant last year, do I have to re-apply? Funds must be used for business-related expenses, including payroll, working capital, business rent, inventory, supplies, equipment, and other operating costs. The City of Houstons program, Harvey Economic Development Program (HEDP). SBA COVID-19 Relief Options. - Reporter, Houston Business Journal. If you reported income from your current business on your schedule C in 2019 and 2020, you may file a DBA at this time and be considered. You can view the list of prohibited NAICS codes here. The Harris Small Business Relief Fund awards will not be made on a first-come, first-served basis. To qualify for the Small Business Relief Fund, micro and small business applicants must: Be located within Harris County No, your business must be physically located in the county. The SBA created the Community Advantage program to reach underserved communities where business owners may struggle to obtain financing through traditional means. 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. By applying, we can find the right product to help you meet your business and financial needs. Thats especially true if youre a startup, in a risky business industry or both. A website with additional information for applicants is slated to go live on Aug. 20, Hidalgo said. Services include Small Business Support. Applications will have up to 150 points based on the following five elements, each with a maximum of 30 points. Be prepared to share this information during the application process. 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. We cant do this work alone, thats where you can come in. Be prepared to share this information during the application process. 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. Grants will be awarded in three months beginning in November and continuing through January, 2022. Bexar County approved funding for the program earlier this year after collaborating with LiftFund and the San Antonio Hispanic Chamber of Commerce (SAHCC). Your DecisionWell assess your application and documents to make a decision. Notice: JavaScript is required for this content. Find San Marcos, TX residential property records including property owners, sales & transfer history, deeds & titles, property taxes, valuations . 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. HomeMediaLiftFund Inc. Small Business Support, Nonprofit Organization based in the Alamo Region. https://www.harriscountybusinessrelief.org/, Registered business operating in Harris County. 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. Once I submit my application, can I confirm LiftFund received it? Amanda Cochran, Digital Special Projects Manager. <>/Metadata 194 0 R/ViewerPreferences 195 0 R>> . Harris County will distribute another $30 million in federal COVID-19 relief aid to help small businesses weather the pandemic. 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. 2022-2023 Grantees Home; Submit Status Report; Update Contact Information; Submit Quarterly Outcomes Report; Apply For 2023-24 Funding. Startup loans. Do Not Sell or Share My Personal Information. 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). For more information about LiftFund, visit, LiftFund has deep roots in Harris County and is a champion for our small business community. Our special programs, in collaboration with our generous partners, are designed to provide you access to flexible funding and special rates. Thank you. 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. Ebony Harris has a special way with children its a gift. Source: LiftFund. Grant Awards & Limitations. 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. It loans money to . You can submit a copy of your business lease agreement. 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. Don't forget to end the meal with bananas foster or godiva chocolate cake." 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. All applicants will be notified of their application result by January 31, 2022. Finding traditional business loans isnt easy. Please check spam and trash in case it was blocked. We provide loans and resources to budding and established business owners; our clients are minority, women, veteran, and startup and established business owners. For more information about LiftFund, visit www.LiftFund.com. Partner with LiftFund and connect your client to resources and capital so they begin a path to success. LiftFund supports hard-working small business owners access money and resources they need to grow their business. /* FORM STYLES */ Harris County approved a similar small business relief fund last year using federal funding from the CARES Act. 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. Join our movement in leveling the financial playing field and breaking the cycle of poverty through entrepreneurship.
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