LiftFund can help small business owners acquire real estate and equipment they need to grow their businesses. But when other lenders are telling you no, LiftFund wants to say yes. The Harris County Small Business Relief Fund will provide grants ranging from $5,000 to $25,000 to eligible micro and small businesses. 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. You can submit a copy of your business lease agreement. Search For Grant-Funded Services; Support Grant-Funded Services; Manage Current 2022-23 Funding. Nov 14 2022 You can view the list of prohibited NAICS codes here. Tax-exempt businesses, hobby businesses, gambling businesses, residential builders, speculative real estate investors, government entities and sexually-oriented businesses are not eligible. We provide loans and resources to budding and established business owners; our clients are minority, women, veteran, and startup and established business owners. 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. 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. Register Email If I have 2 businesses, can I submit an application for each? More about these services:www.liftfund.com . Were here to help you strengthen your business. By Chris Mathews. Amanda Cochran, Digital Special Projects Manager. The Texas nonprofit LiftFund will administer the distribution of funds to applying organizations based on a transparent . 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. Harris County Small Business Relief Program Powered By: Welcome to the Harris County Small Business Relief program application portal. 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. These local agencies will with the application process to help overcome technological or language barriers. If you file an 1120-S, use Line 1. Notice: JavaScript is required for this content. As long as the address on the utility bill matches the other documentation provided, that can serve as verification of business location. May 2010 - Aug 20104 months. If I am not eligible for this grant, are there any other resources for me? 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 business operating in Harris County. The only thing standing between small business owners and success is often capital. Yes, the Harris County Small Business Relief program is designed to support micro and small businesses impacted by COVID-19. They include Arkansas, Guam, Rhode Island, the U.S. Virgin Islands, and Wisconsin. LiftFund tiene races profundas en el condado Harris y es un defensor de nuestra comunidad. Applicants selected to receive a grant will receive an award agreement through Docusign. The $20 million fund will create two different programs, one $10 million program for small businesses and a separate $10 million program for nonprofits. She thought about pursuing a career as a pediatric nurse, but that didnt appeal to her entrepreneurial spirit. P.O. info@tvc.texas.gov. It is based on gross revenue. If your business is in a low- to moderate-income community that LiftFund serves, you may qualify for a special SBA loan. LiftFund supports hard-working small business owners like you access money and resources you need to grow your business. Prepare and GatherKnow your business goals and needs. We are thrilled to provide access to insightful case studies and reports, as well as host events such as our Learning Days and funder . The fund was approved to support small and micro businesses who have . LiftFund provides small business loans for women & minority entrepreneurs and startups in Houston, Texas. The fund will use money earmarked for Harris County recovery from the American Rescue Plan Act. . 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 range from $5,000 to $25,000. Please check spam and trash in case it was blocked. However, businesses and/or projects considered special purpose require an additional 10% from the owner. The Harris County Small Business Relief Fund will provide grants ranging from $5,000 to $25,000 to eligible micro and small . 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. 820 Grant Harris Rd. Latino, Hispanic, Black, veteran and disadvantaged businesses can get free grants or low cost loans. Applications will be assessed and scored using the following methodology. Nov 8, 2020. East Harris County Empowerment Council (281) 712-2550 Spring Klein Chamber of Commerce (281) 257-9559. Location 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). If you file an 1120, use Line 1a. Partners include bankers, small business owners, referral partners and expert consultants, and more. We provide loans and resources to budding and established business owners. If selected, do I have to pay the grant back? Eligible small businesses applying or receiving support from other City or County program are able to apply for this program. With little/poor credit or financial history, getting a loan seems impossible. No, number of employees will be calculated based on first quarter 2021. Can I apply? 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 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 can be reached by phone at 888-215-2373, by email at sbgrants@liftfund.com or you can submit a question online. 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. www.LiftFund.com; Application Review: June 22, 2020; Lottery: June 23, 2020; Awards: June 29, 2020-December . Create secure account. A list of our partner agencies and their contact information can be found, Yes. SSBCI was established in 2010 and then recently . Get resources to help you manage COVID-19 in your workplace. 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 . font-size:12px; Plus, Carmen Contreras, Ashlee Young, DJ Mr. Rogers, Kiotti Brown and huge artists like Rihanna, Drake, Migos, Bryson Tiller, Beyonce and Future. The $20 million fund will create two different programs, one $10 million program for small businesses and a separate $10 million program for nonprofits. Bexar County approved funding for the program earlier this year after collaborating with LiftFund and the San Antonio Hispanic Chamber of Commerce (SAHCC). Our special programs, in collaboration with our generous partners, are designed to provide you access to flexible funding and special rates. Applications will have up to 150 points based on the following five elements, each with a maximum of 30 points. - Reporter, Houston Business Journal. Instead, in 2015, set her sights on opening a childcare center, where she could educate, support, and influence kids. Join our movement to build a stronger economy. 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). City of San Antonio & LiftFund to Offer Additional Grant Assistance to Small Business Owners. Assistant Director Senior Programs. .o]qWbW{~]yfg7%VYG.n0G:RMKl%W(~ $WuR#PVj$w%iB"q"-.~6(Oh5 }xZ(%N"Lzjn 1AG`". Yes, the Harris County Small Business Relief program is designed to support micro and small businesses impacted by COVID-19. Through the program, small businesses and nonprofits can apply for $10,000 -$50,000 in direct relief grants. "This place has amazing seafood, an extensive wine selection, and excellent service. County Judge Lina Hidalgo this week announced plans for a $30 million relief fund aimed at supporting micro and small businesses. 1054 Grant Harris Rd. . mjk funeral home obituaries; san jose state university graduate programs deadlines Men umschalten. Harris County urges business owners to apply by visiting the website at www.harriscountybusinessrelief.org to review the applicant checklist to verify eligibility for this program and also to be prepared with the proper documentation needed to apply before the application portal opens. We're here to support determined entrepreneurs like you with loans, tools and resources to grow your business. Be prepared to share this information during the application process. Why Houston? She was recently appointed to the U.S. Treasury Committee for Racial Equity to advise Secretary Yellen on efforts to improve financial inclusion for communities of color. 11 Aug 2021. It loans money to . By joining our movement, you say yes to financial inclusion and opportunity for all. 766 Grant Harris Rd. 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. 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. We are proud to partner with local community organizations collaborating as partners. <> 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. endobj Harris County Judge Lina Hidalgo will announce the start of the Harris County Small Business Relief Fund Application period on Monday. 1 0 obj Were a social enterprise that finds solutions to level the financial playing field for entrepreneurs who are often left out of financial mainstream. For more information about LiftFund, visit. The $30 million grant program will disburse awards of between $5,000 and $25,000 to up to 2,000 Harris County businesses. If I received a PPP or EIDL loan can my business still qualify for the program? 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. 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. LiftFund supports hard-working small business owners access money and resources they need to grow their business. Business and financial training. Instead, in 2015, set her sights on opening a childcare center, where she could educate, support, and influence kids. 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 . Yes, businesses are eligible to apply and the amount of previously received funding will be factored into calculation of grant score. #nf-form-28-cont .nf-form-title h3 { 2020 at 5:00 PM CST. 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. Terms: 7-10 year term; 25 year term for real estate; Prime + (2.75% to 6%); Variable rate (based on Wall Street). endobj Dj Supastar talked with VP, Michi Clay of The Lift Fund on Face The Beat this past Sunday about FREE money that is available for small business owners. More information about the partner organizations can be found here. This is an effort to reach businesses that may have been underserved by previous relief programs. Your password must be at least 7 characters long. Applications open today, September 20, 2021 with LiftFund to give women minority small business owners grants! Find small business grants or loans in Texas that help minorities and women owned businesses. Businesses must not have any outstanding tax liabilities. We believe entrepreneurship is a path to financial and family well being and we create products and resources that close the small business finance gap thousands of small businesses face daily. Throughout the year, the SAHCC and LiftFund have combined efforts to urge the county to allocate ARPA funding for direct relief to small businesses. Tax-exempt businesses, hobby businesses, gambling businesses, residential builders, speculative real estate investors, government entities and sexually-oriented businesses are not eligible. You will receive a confirmation email from noreply@bmisw.com. If I received Harris County assistance last year, am I eligible to apply for the grant? Houston area small businesses still recovering from the effects of the COVID-19 pandemic will soon get the chance to apply for relief funding through a new Harris County initiative. 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. Click here to view a pdf copy of the application. The business must be registered to be considered. Get updates, toolkits and timely information about the virus and its economic impact. 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. Houston, Texas Area. Government grant funds used for paying certain utilities or the mortgage for your business may also be non-taxable. Learn more about our special funding options and apply today! Corpus Christi, Texas Area. You may still submit the home utility bill. Upon completion of the award agreement, funds will be deposited into your account within 7 business days. | Fort Bend Economic Development Council. You will be asked to submit a current business utility bill as part of the application. 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. At LiftFund, your investments can transform lives and wed be happy to share how you can join our movement with a gift or an investment. 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. Grant Eligibility Criteria. 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. The City of Houstons program, Harvey Economic Development Program (HEDP). As a sole proprietor, do I submit my full 1040 personal tax return or just my Schedule C? My business is home based and all of my utilities are in someone elses name. Then, apply and submit all of your documents. Know your business goals and needs. LiftFund supports thousands of small businesses through microloans, small business loans, and resources with dignity and respect. 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. By: Danica Lloyd - Community Impact. https://www.cclerk.hctx.net/PersonalRecords.aspx#ANInfo. Harris County Community Services Department (HCCSD) has released the Harris County Affordable Rental Housing Program (ARHP) Request for Applica tions /Proposals (RFA). Harris County will distribute another $30 million in federal COVID-19 relief aid to help small businesses weather the pandemic. Here is the eligibility criteria, according to a news release from Hidalgos office: Copyright 2021 by KPRC Click2Houston - All rights reserved. LiftFund COVID Grants Assistance Form. % The application window will open Monday, September 20 at 9:30AM and close Monday, October 4 at 5:30PM Central Standard Time. San Antonio-based community lender LiftFund was selected to administer the . Startup loans. 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. LiftFund is nonprofit community development financial institution with a 27-year track record of elevating underestimated and underserved communities across its 15-state footprint. A website with additional information for applicants is slated to go live on Aug. 20, Hidalgo said. Depending on how you spend your funds, you may add new tax deductions that help lower your income tax liability. Prepared technical reports regarding emissions and environmental . 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. No, your business must be physically located in the county. Is the $500,000 annual revenue limit based on gross or net revenue? The SBA created the 504 loan program to help entrepreneurs finance commercial real estate and equipment for their businesses. Thank you. /* FORM STYLES */ We know you and your business need support during this time. We cant do this work alone, thats where you can come in. Is negative impact on operations due to the pandemic based on gross or net revenue? Finding traditional business loans isnt easy. You can view the list of prohibited NAICS codes here. The application window for Harris County's new $30 million Small Business Relief Fund opened Sept. 20 and will close Oct. 4 at 5:30 p.m. 920 Grant Harris Rd. Applications must be done online. She thought about pursuing a career as a pediatric nurse, but that didnt appeal to her entrepreneurial spirit. By applying, we can find the right product to help you meet your business and financial needs. Somewhat Likely . Eligible applications with the highest scores will be reviewed and awarded first, followed by applications with lower scores. 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. We are committed to reviewing applications as quickly as possible. SOAR Fund - The Southern Opportunity And Resilience Fund. The SBA created the 504 loan program to help entrepreneurs finance commercial real estate and equipment for their businesses. To learn more about industry prioritization, click here. The grant application will require verification of pertinent documentation. Fort Bend Small Business Grant. 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.
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