Win Your Trip to Our 2023 iHeartRadio Music Awards! Bexar County approved funding for the program earlier this year after collaborating with LiftFund and the San Antonio Hispanic Chamber of Commerce (SAHCC). The Harris Small Business Relief Fund awards will not be made on a first-come, first-served basis. } East Harris County Empowerment Council (281) 712-2550 Spring Klein Chamber of Commerce (281) 257-9559. Texas Border Businesss. 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. If you need help with the Public File, call (713) 778-4745. Thank you for your cooperation. For your convenience, services are being provided in-person, online, & by phone. The Fort Bend County Commissioners Court has approved a small business emergency grant program to assist businesses impacted by Covid-19. The $20 million fund will create two different programs, one $10 million program for small businesses and a separate $10 million program for nonprofits. https://www.cclerk.hctx.net/PersonalRecords.aspx#ANInfo. 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. 1090 Grant Harris Rd. | Fort Bend Economic Development Council. Here is the eligibility criteria, according to a news release from Hidalgos office: Copyright 2021 by KPRC Click2Houston - All rights reserved. The SBA created the 504 loan program to help entrepreneurs finance commercial real estate and equipment for their businesses. Thats especially true if youre a startup, in a risky business industry or both. Harris County Commissioners and LiftFund have seen firsthand the alarming impact that . The application window will open Monday, September 20 at 9:30AM and close Monday, October 4 at 5:30PM Central Standard Time. We're here to support determined entrepreneurs like you with loans, tools and resources to grow your business. If I received Harris County assistance last year, am I eligible to apply for the grant? 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. Registration Available Mon, May 17 2021 to Wed, Jun 30 2021. <>/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>> Our special programs, in collaboration with our generous partners, are designed to provide you access to flexible funding and special rates. 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. Learn more about becoming a LiftFund supporter. colonel frank o'sullivan interview; beverly hills high school football Grant eligibility criteria includes: Grant applicant must be authorized representative of business or non-profit . 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. Advantages of the Micro and Small Business Loans Program. Were LiftFund. All grants will be awarded by January 2022. 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. 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. HOUSTON Harris County Judge Lina Hidalgo will announce the start of the Harris County Small Business Relief Fund Application period on Monday. Somewhat Likely . According to LiftFund, a website with full details on eligibility requirements, necessary documents, and the program timeline will be available in late December. 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 . It loans money to . Source: LiftFund. Yes, for financial assistance, please visit www.liftfund.com/loan-offerings. 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. Your DecisionWell assess your application and documents to make a decision. More information about the partner organizations can be found here. As a Certified Development Company (CDC), LiftFund administers the SBA's 504 loan program in Texas. A website with additional information for applicants is slated to go live on Aug. 20, Hidalgo said. Houston, Texas Area. 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. We provide loans and resources to budding and established business owners; our clients are minority, women, veteran, and startup and established business owners. <>/Metadata 194 0 R/ViewerPreferences 195 0 R>> No, revenue must be less than $500,000 in both 2019 and 2020. 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. #nf-form-28-cont .nf-form-title h3 { 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. Grants will be awarded in three months beginning in November and continuing through January, 2022. The Harris County Small Business Relief Fund will provide grants ranging from $5,000 to $25,000 to eligible micro and small . To learn more about industry prioritization, click here. We know entrepreneurs, no matter their life story, are dedicated to improving their lives and their familys well being. Can a third party, such as a CPA, submit an application on behalf of a business owner? 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. The application window will open Monday, September 20 at 9:30AM and close Monday, October 4 at 5:30PM Central Standard Time. 920 Grant Harris Rd. All grants will be awarded by January 2022. Click the Apply Now button to the right to apply for a small business loan. Applicants selected to receive a grant will receive an award agreement through Docusign. P.O. Funds must be used for business-related expenses, including payroll, working capital, business rent, inventory, supplies, equipment, and other operating costs. Since the beginning of the pandemic in spring 2020, Harris County has provided micro and small businesses with $40 million in aid. text-align:center; }, West Texas Region, Alamo Region, South Texas Region, East Texas Region, North Texas Region, Anderson County, Angelina County, Aransas County, Bee County, Bell County, Bexar County, Collin County, Dallas County, Denton County, El Paso County, Fort Bend County, Grimes County, Harris County, Henderson County, Hood County, Kleberg County, Nueces County, San Patricio County, Starr County, Tarrant County, Travis County, Victoria County, Waller County, Webb County, Willacy County, Williamson County, Wood County, New TVC Grants Portal For 2023-24 Funding Year, Governing Documents for the 2023-24 Funding Opportunity, Veterans County Service Officer-Administered Projects. LiftFund has deep roots in Harris County and is a champion for our small business community. font-size:12px; Terms: 7-10 year term; 25 year term for real estate; Prime + (2.75% to 6%); Variable rate (based on Wall Street). On August 10, Harris County approved the $30 million relief fund to support small and micro businesses recovering from the effects of the pandemic. 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 . If I have 2 businesses, can I submit an application for each? Then, gather and review your financials and credit history. If I am the only employee of my business, do I need to submit a payroll report or other proof? Am I able to apply for this program and the City of Houston's Harvey Economic Development Program (HEDP)? Business utility bill (water, gas, electric) Home based businesses may provide a home utility bill. Apply Home; RFA Questions & Answers; New TVC Grants Portal For 2023-24 . Can those be counted? The City of Houstons program,Harvey Economic Development Program (HEDP), provides support to impacted small businesses and communities through small business loans and grants. Funds from the $30 million fund will be distributed by LiftFund. Please submit your grant questions using the form below and we'll reach out to you within 2 business days. If youve been unable to obtain small business financing through traditional means, LiftFund is here to help. Is this program different from the City of Houston's grant program? Very Likely . SBA COVID-19 Relief Options. 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. For some, entrepreneurship is the only source of income, and a pathway out of poverty. 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.