Most projects require a 50-40-10 split. The Harris County Small Business Relief Fund will provide grants ranging from $5,000 to $25,000 to eligible micro and small businesses. 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. LiftFund provides small business loans for women & minority entrepreneurs andstartups in Houston, Texas. 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. Click the Apply Now button to the right to apply for a small business loan. Corpus Christi, Texas Area. 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. 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. LiftFund, a nonprofit community development financial institution with a presence in Houston, is expanding its financial . Finding traditional business loans isnt easy. If I have more than one business, how is the annual revenue amount calculated? The Harris County Small Business Relief Fund will provide grants ranging from $5,000 to $25,000 to eligible micro and small . As long as the address on the utility bill matches the other documentation provided, that can serve as verification of business location. #DJSupastar All grants will be awarded by January 2022. The only thing standing between small business owners and success is often capital. Instead, in 2015, set her sights on opening a childcare center, where she could educate, support, and influence kids. 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. HOUSTON Harris County Judge Lina Hidalgo will announce the start of the Harris County Small Business Relief Fund Application period on Monday. adam carlyle taylor accident. 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. City of San Antonio & LiftFund to Offer Additional Grant Assistance to Small Business Owners. The description of my page. The application window will open Monday, September 20 at 9:30AM and close Monday, October 4 at 5:30PM Central Standard Time. LiftFund is proud to serve the small businesses and nonprofits that are the heart of this county, says Ms. Barrera. If this describes you, the SBA 7A Community Advantage loan program may be the right fit. 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 are a small business owner that live in Harris County, and was affected by the pandemic, then hit the link below to apply for FREE GRANT money . Register here. . Since the beginning of the pandemic in spring 2020, Harris County has provided micro and small businesses with $40 million in aid. Harris County Judge Lina Hidalgo will announce the start of the Harris County Small Business Relief Fund Application period on Monday. 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. Applications open today, September 20, 2021 with LiftFund to give women minority small business owners grants! 2 0 obj Eligible small businesses applying or receiving support from other City or County program are able to apply for this program. .nf-form-content .nf-field-container #nf-field-321-wrap .nf-field-element li label { https://www.cclerk.hctx.net/PersonalRecords.aspx#ANInfo. 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. 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. 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. Nov 8, 2020. For over twenty five years, weve provided millions of dollars in loans to help deserving entrepreneurs grow their businesses and achieve their dreams. The business must be registered to be considered. 2020 at 5:00 PM CST. The $20 million fund will create two different programs, one $10 million program for small businesses and a separate $10 million program for nonprofits. The City of Houstons program, Harvey Economic Development Program (HEDP). 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. Dj, Philanthropist, & TV Reality Personality, Zelma T. Lee, is better known to fans as DJ Supastar. How can I prove my address? The application window will open Monday, September 20 at 9:30AM and close Monday, October 4 at 5:30PM Central Standard Time. Be prepared to share this information during the application process. How to do I prove how many employees I have if I hire 1099 contractors? How will you verify my physical business address? 11 Aug 2021. The SBA created the 504 loan program to help entrepreneurs finance commercial real estate and equipment for their businesses. Be prepared to share this information during the application process. County Judge Lina Hidalgo this week announced plans for a $30 million relief fund aimed at supporting micro and small businesses. Grants will range from $5,000 to $25,000. To qualify for the Small Business Relief Fund, micro and small business applicants must: Be located within Harris County 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). Since 1994, LiftFund has provided over $409 million in opportunity funding and business education to small business owners and aspiring entrepreneurs. Funds from the $30 million fund will be distributed by LiftFund. Partners include bankers, small business owners, referral partners and expert consultants, and more. $30 million fund is a continuation of Harris County's financial support to small businesses reeling from these setbacks. x=ko#9r0m6~#c;Id/dY~d-q|f6e@-b]|K}9>>.N>]]7wb;#!\TnxC Then, apply and submit all of your documents. 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. Please refer to the Scope of Work for additional information. 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 . By applying, we can find the right product to help you meet your business and financial needs. LiftFund supports hard-working small business owners access money and resources they need to grow their business. 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. Thank you. Applications will be accepted from Monday. These local agencies will with the application process to help overcome technological or language barriers. You can view the list of prohibited NAICS codes here. If I am not eligible for this grant, are there any other resources for me? info@tvc.texas.gov. If my business opened after April 2020, can I apply? endobj | 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. 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. Eligible applications with the highest scores will be reviewed and awarded first, followed by applications with lower scores. For more information about LiftFund, visit www.LiftFund.com. GoFundMe.org : Small Business Relief Fund. P.O. Will the application process accommodate business owners facing technological or language barriers? For more information, or to get information for the Harris County Business Relief program in Spanish or Vietnamese, please visit https://www.harriscountybusinessrelief.org/, 2023 Impact Hub Houston - houston.impacthub.net - 1801 Main St, 10th Floor, Houston TX 77002 - #HOUimpact, Harris County has created a new $30 Million Small Business Relief Fund. She specializes in Texas features, consumer and business news and local crime coverage. Somewhat Likely . Services include Small Business Support. Government grant funds used for paying certain utilities or the mortgage for your business may also be non-taxable. .nf-form-content .nf-field-container #nf-field-315-wrap { As a Certified Development Company (CDC), LiftFund administers the SBA's 504 loan program in Texas. 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. But when other lenders are telling you no, LiftFund wants to say yes. The City of Houstons program,Harvey Economic Development Program (HEDP), provides support to impacted small businesses and communities through small business loans and grants. endobj Copyright 2023 Click2Houston.com is managed by Graham Digital and published by Graham Media Group, a division of Graham Holdings. You can view the list of prohibited NAICS codes here. You can view the list of prohibited NAICS codes here. It loans money to . Yes, as long as your business is registered with a DBA and you filed a ScheduleCin 2019 and 2020 for your business. We provide small business loans to underserved business owners, especially minority and women entrepreneurs, throughout the Southeast USA. 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 Assisted in routine inspections, surveys, and complaint investigations. 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. Somewhat Unlikely . Policy News - March 2, 2023. Austin, TX 78711-2277 Businesses must not have any outstanding tax liabilities. 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. You can also attend one of our free upcoming seminars www.liftfund.com/events. 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. 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. 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. Your password must be at least 7 characters long. The fund will use money earmarked for Harris County recovery from the American Rescue Plan Act.