This program puts funding directly into the hands of small businesses and nonprofits to help them strengthen the families and neighborhoods of our county, says County Judge Wolff. 2010 - Jun 20122 years. HOUSTON, Texas (KIAH) Some business owners in Harris County can now apply for the new $30 million small business relief fund. 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. 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. Nov 8, 2020. We cant do this work alone, thats where you can come in. 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. The Texas nonprofit LiftFund will administer the distribution of funds to applying organizations based on a transparent . 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. Texas Border Businesss. Were a partner with SBA and the program funds startups and existing businesses, startup costs, operating expenses, business acquisition, refinancing business debt, tenant improvements, working capital, equipment purchases and more. 766 Grant Harris Rd. If youve been unable to obtain small business financing through traditional means, LiftFund is here to help. City of San Antonio & LiftFund to Offer Additional Grant Assistance to Small Business Owners. Applications will be assessed and scored using the following methodology. Learn more about becoming a LiftFund supporter. Pricey, but great for a date. The application window will open Monday, September 20 at 9:30AM and close Monday, October 4 at 5:30PM Central Standard Time. The only thing standing between small business owners and success is often a lack of capital. The fund was approved to support small and micro businesses who have . As a Certified Development Company (CDC), LiftFund administers the SBAs 504 loan program in Texas. As an entrepreneur with limited business education, Valorie lacked the traditional business acumen of many of her competitors. 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. The county has approved a $30 million relief fund to support small businesses recovering from the COVID-19 pandemic. As a sole proprietor, do I submit my full 1040 personal tax return or just my Schedule C? 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. We know you and your business need support during this time. by Grace Rodriguez | Sep 7, 2021 | Front Page, Houston News, Latest News | 0 comments. Funds must be used for business-related expenses, including payroll, working capital, business rent, inventory, supplies, equipment, and other operating costs. We are proud to partner with local community organizations collaborating as partners. The $20 million fund will create two different programs, one $10 million program for small businesses and a separate $10 million program for nonprofits. Business utility bill (water, gas, electric) Home based businesses may provide a home utility bill. SBA COVID-19 Relief Options. Get resources to help you manage COVID-19 in your workplace. It loans money to . Yes, the Harris County Small Business Relief program is designed to support micro and small businesses impacted by COVID-19. I dont receive a business utility bill. Yes, businesses are eligible to apply and the amount of previously received funding will be factored into calculation of grant score. 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.. We expect around 2,000 micro and small businesses to be assisted. 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 . The fund will use money earmarked for Harris County recovery from the American Rescue Plan Act. May 2010 - Aug 20104 months. All applicants will be notified of their application result by January 31, 2022. Applicants who are not selected for funding will receive a notification email by January 31st, 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 . "This place has amazing seafood, an extensive wine selection, and excellent service. 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. We know entrepreneurs, no matter their life story, are dedicated to improving their lives and their familys well being. Throughout the year, the SAHCC and LiftFund have combined efforts to urge the county to allocate ARPA funding for direct relief to small businesses. Apply Online:www.liftfund.com/tvcdigital, Texas Veterans Commission annual revenue of less than $500,000 in 2019 and 2020. If selected, do I have to pay the grant back? If I am not eligible for this grant, are there any other resources for me? Apply here. 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. If you file an 1120-S, use Line 1. Were here to help you strengthen your business. 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. Is negative impact on operations due to the pandemic based on gross or net revenue? 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. Running a small business is a huge challenge, even during the good times, Hidalgo said in announcing the fund. Services include Small Business Support. 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). LiftFund supports hard-working small business owners access money and resources they need to grow their business. There are also some exceptions. 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. Am I able to apply for this program and the City of Houston's Harvey Economic Development Program (HEDP)? To qualify, applicants must show that they were negatively affected by the COVID pandemic. Amanda Cochran, Digital Special Projects Manager. P.O. KKR Small Business Builders. How LiftFund supports thousands of small businesses through microloans, small business loans, and resources with dignity and respect. The team was dedicated to finding a way to use American Rescue Plan Act funding to provide direct economic relief for community businesses still struggling with the effects of the pandemic. You can also attend one of our free upcoming seminars www.liftfund.com/events. Eligible applications with the highest scores will be reviewed and awarded first, followed by applications with lower scores. 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? County Judge Lina Hidalgo recently discussed the start of the Harris County Small Business Relief Fund application period, where eligible companies can apply for grants between $5,000 and $25,000 until October 4, 2021. 11 Aug 2021. LiftFund, a nonprofit community development financial institution with a presence in Houston, is expanding its financial . Thats especially true if youre a startup, in a risky business industry or both. 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. 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. Instead, in 2015, set her sights on opening a childcare center, where she could educate, support, and influence kids. Like in many communities, the aftermath of the pandemic continues to be felt by Bexar County. Since the beginning of the pandemic in spring 2020, Harris County has provided micro and small businesses with $40 million in aid. We partner with the SBA and other lending institutions to provide small business capital solutions like startup loans, microloans and 504 loans in Houston. However, businesses and/or projects considered special purpose require an additional 5% from the owner. Eligible applications with the highest scores will be reviewed and awarded first, followed by applications with lower scores. 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. Very Likely . Funds must be used for business-related expenses, including payroll, working capital, business rent, inventory, supplies, equipment, and other operating costs. 996 Grant Harris Rd. The grant funds will be awarded monthly beginning in November 2021 and through January 2022. Businesses must not have any outstanding tax liabilities. Accepted highly visible role to restructure and realign senior program that provided 1,600 meals daily (900 home . Register here. 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. Were a local nonprofit organization that makes capital more accessible to help small business owners create wealth for themselves, their families, and their communities. Were LiftFund. Thank you. LiftFund is proud to serve the small businesses and nonprofits that are the heart of this county, says Ms. Barrera. However, businesses and/or projects considered special purpose require an additional 10% from the owner. I used to have more employees in 2019 and/or 2020. The application window will open Monday, September 20 at 9:30AM and close Monday, October 4 at 5:30PM Central Standard Time. A list of our partner agencies and their contact information can be found here. Grants will range from $5,000 to $25,000. More information about the partner organizations can be found here. The grant funds will be awarded monthly beginning in November 2021 and through January 2022. 920 Grant Harris Rd. 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. 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. Harris County Commissioners and LiftFund have seen firsthand the alarming impact that the .nf-form-content .nf-field-container #nf-field-315-wrap { Click here for more about theHarvey Economic Development Program (HEDP). Join our movement to build a stronger economy. TikTok & Hispanic Heritage Foundation. Strona gwna / Uncategorized / liftfund requirements How will you verify my physical business address? .nf-form-content .nf-field-container #nf-field-321-wrap .nf-field-element li label { A list of our partner agencies and their contact information can be found, Yes. The Harris County Small Business Relief Fund will provide grants ranging from $5,000 to $25,000 to eligible micro and small . } Nov 14 2022 We believe you deserve a path to success and we're here to close the small business finance . 820 Grant Harris Rd. You can view the list of prohibited NAICS codes here. endobj 1054 Grant Harris Rd. 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. , provides support to impacted small businesses and communities through small business loans and grants. 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. She thought about pursuing a career as a pediatric nurse, but that didnt appeal to her entrepreneurial spirit. We are committed to reviewing applications as quickly as possible. Terms: 7-10 year term; 25 year term for real estate; Prime + (2.75% to 6%); Variable rate (based on Wall Street). You will need to submit your 2020 tax return. 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, 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. Yes, for financial assistance, please visit www.liftfund.com/loan-offerings. .nf-form-content .nf-field-container #nf-field-321-wrap .nf-field-label label { We want to thank Judge Wolff and the County Commissioners for bringing this program to life. 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? 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. It is based on gross revenue. The grant application will require verification of pertinent documentation. 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. Register Email By Chris Mathews. 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." If my business is located outside of Harris County but I serve customers within the county, can I apply? Grant eligibility criteria includes: Grant applicant must be authorized representative of business or non-profit . If I am the only employee of my business, do I need to submit a payroll report or other proof? https://www.cclerk.hctx.net/PersonalRecords.aspx#ANInfo. As a Certified Development Company (CDC), LiftFund administers the SBA's 504 loan program in Texas. Applications with the highest scores will be reviewed and approved first. endobj You will receive a confirmation email from noreply@bmisw.com. | 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. Applications will have up to 150 points based on the following five elements, each with a maximum of 30 points. endobj Amanda Cochran is an Edward R. Murrow award-winning journalist. The Harris County Small Business Relief Fund will provide grants ranging from $5,000 to $25,000 to eligible micro and small businesses. The message will come from a LiftFund email address. Join our movement in leveling the financial playing field and breaking the cycle of poverty through entrepreneurship. Somewhat Likely . Applications with the highest scores will be reviewed and approved first. Your DecisionWell assess your application and documents to make a decision. To learn more about industry prioritization, click here. Partner with LiftFund and connect your client to resources and capital so they begin a path to success. The $20 million fund will create two different programs, one $10 million program for small businesses and a separate $10 million program for nonprofits. Business utility bill (water, gas, electric) Home based businesses may provide a home utility bill. Were here to help you strengthen your business. We provide loans and resources to budding and established business owners; our clients are minority, women, veteran, and startup and established business owners. She thought about pursuing a career as a pediatric nurse, but that didnt appeal to her entrepreneurial spirit. Bexar County approved funding for the program earlier this year after collaborating with LiftFund and the San Antonio Hispanic Chamber of Commerce (SAHCC). Know your business goals and needs. SSBCI was established in 2010 and then recently . <>/Metadata 194 0 R/ViewerPreferences 195 0 R>> Find small business grants or loans in Texas that help minorities and women owned businesses. Business Development Officer, VP - Dallas (Large Loans) Category. www.LiftFund.com; Application Review: June 22, 2020; Lottery: June 23, 2020; Awards: June 29, 2020-December . The City of Houstons program, Harvey Economic Development Program (HEDP). Since 1994, LiftFund has provided over $409 million in opportunity funding and business education to small business owners and aspiring entrepreneurs. She specializes in Texas features, consumer and business news and local crime coverage. More information about the partner organizations can be found, You will receive a confirmation email from. For more information about LiftFund, visit, LiftFund has deep roots in Harris County and is a champion for our small business community. Why Houston? View all San Marcos Property Records by Street. Apply Home; RFA Questions & Answers; New TVC Grants Portal For 2023-24 . How. The fund will use money earmarked for Harris County recovery from the American Rescue Plan Act. Since the beginning of the pandemic in spring 2020, Harris County has provided micro and small businesses with $40 million in aid. 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. #DJSupastar The SBA created the Community Advantage program to reach underserved communities where business owners may struggle to obtain financing through traditional means. 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 Barstool Fund. % We can be reached by phone at 888-215-2373, by email at sbgrants@liftfund.com or you can submit a question online. LiftFund supports hard-working small business owners like you access money and resources you need to grow your business. By joining our movement, you say yes to financial inclusion and opportunity for all. . 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. 1070 Grant Harris Rd. Box 12277 Please select services and we will contact you. Applications will be accepted from Monday. If this describes you, the SBA 7A Community Advantage loan program may be the right fit. Commissioners Court unanimously approved a plan to award up to 2,000 . 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. With little/poor credit or financial history, getting a loan seems impossible. Source: LiftFund. LiftFund founder, Janie Barrera, is a staunch advocate for small businesses in the area and nationally. Startup loans. 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. East Harris County Empowerment Council (281) 712-2550 Spring Klein Chamber of Commerce (281) 257-9559. LiftFund supports thousands of small businesses through microloans, small business loans, and resources with dignity and respect. Bexar County is requesting bids for the installation of Bullet Resistance Glass around the radius of the counter located in the Human Resources Department. 3 0 obj If I received a PPP or EIDL loan can my business still qualify for the program? adam carlyle taylor accident. Houston, Texas Area. Yes, we will calculate the number of full time equivalent (FTE) employees, including 1099 workers. You will have 2 days to sign and accept the grant. LiftFund can help small business owners acquire real estate and equipment they need to grow their businesses. Assisted in routine inspections, surveys, and complaint investigations. LiftFund has deep roots in Harris County and is a champion for our small business community. Fort Bend Small Business Grant. You can submit a copy of your business lease agreement. 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. /* FORM STYLES */ font-size:12px; To learn more about industry prioritization, click here. The SBA created the 504 loan program to help entrepreneurs finance commercial real estate and equipment for their businesses. Thank you for your cooperation. 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. Finding traditional business loans isnt easy. } Yes, as long as your business is registered with a DBA and you filed a ScheduleCin 2019 and 2020 for your business. 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. How Small business loans in Houston, TX up to. Eligible small businesses applying or receiving support from other City or County program are able to apply for this program.

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