The first of three award rounds for the Harris County Small Business Relief program has started! All grants will be awarded by January 2022. Advantages of the Micro and Small Business Loans Program. You will need to submit your 2020 tax return. Your password must be at least 7 characters long. Assisted in routine inspections, surveys, and complaint investigations. The description of my page. SOAR Fund - The Southern Opportunity And Resilience Fund. .nf-form-content .nf-field-container #nf-field-315-wrap { 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. Applications will have up to 150 points based on the following five elements, each with a maximum of 30 points. Government grant funds used for paying certain utilities or the mortgage for your business may also be non-taxable. Startup loans. My business is home based and all of my utilities are in someone elses name. Registration Available Mon, May 17 2021 to Wed, Jun 30 2021. , provides support to impacted small businesses and communities through small business loans and grants. 11 Aug 2021. /* FORM STYLES */ Please check spam and trash in case it was blocked. 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. Yes, the Harris County Small Business Relief program is designed to support micro and small businesses impacted by COVID-19. Applicants will need to be businesses registered in Harris County with: Applications for the program will run for two weeks beginning Sept. 20. . As a sole proprietor, do I submit my full 1040 personal tax return or just my Schedule C? With little/poor credit or financial history, getting a loan seems impossible. Join our movement to build a stronger economy. LiftFund has deep roots in Harris County and is a champion for our small business community. How. endobj You may still submit the home utility bill. 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. Applications will have up to 150 points based on the following five elements, each with a maximum of 30 points. Learn more about our special funding options and apply today! 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. County Judge Lina Hidalgo this week announced plans for a $30 million relief fund aimed at supporting micro and small businesses. This type of funding is essential for rebuilding the economy of Bexar County communities. 75 EUWJB-75 1 - climate.church More information about the partner organizations can be found here. LiftFund provides small business loans for women & minority entrepreneurs and startups in Houston, Texas. 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. annual revenue of less than $500,000 in 2019 and 2020. 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. We want to thank Judge Wolff and the County Commissioners for bringing this program to life. Prepare and GatherKnow your business goals and needs. She thought about pursuing a career as a pediatric nurse, but that didnt appeal to her entrepreneurial spirit. 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. LiftFund COVID Grants Assistance Form How can I prove my address? Thank you for your cooperation. Yes, as long as your business is registered with a DBA and you filed a ScheduleCin 2019 and 2020 for your business. 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 . Careers | LiftFund Get resources to help you manage COVID-19 in your workplace. ARHP a pplications are available to all interested and eligible applicants (as outlined in the application) from September 28, 2022, to November 3, 2022 or until available program funding is fully allocated. Applications with the highest scores will be reviewed and approved first. font-size:12pt; 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. colonel frank o'sullivan interview; beverly hills high school football Copyright 2023 Click2Houston.com is managed by Graham Digital and published by Graham Media Group, a division of Graham Holdings. } We expect around 2,000 micro and small businesses to be assisted. Do Not Sell or Share My Personal Information. LIFTFUND - ksat.com If your business was registered and began operating in January March 2020, you do not need to provide a 2019 tax return. 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 LIFT Fund Here is the eligibility criteria, according to a news release from Hidalgos office: Copyright 2021 by KPRC Click2Houston - All rights reserved. Applications with the highest scores will be reviewed and approved first. Yes, businesses are eligible to apply and the amount of previously received funding will be factored into calculation of grant score. 996 Grant Harris Rd. Running a small business is a huge challenge, even during the good times, Hidalgo said in announcing the fund. Latino, Hispanic, Black, veteran and disadvantaged businesses can get free grants or low cost loans. We will contact you by phone or email if additional documentation or clarification is needed. Applicants who are not selected for funding will receive a notification email by January 31st, 2022. %PDF-1.7 The grant program will disburse awards of between $5,000 . The business must be registered to be considered. Bexar County is requesting bids for the installation of Bullet Resistance Glass around the radius of the counter located in the Human Resources Department. Texas free grants and loans for minority and women owned businesses Thats especially true if youre a startup, in a risky business industry or both. New Partnership with LiftFund: Harris County Small - Impact Hub 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. By Chris Mathews. Dj, Philanthropist, & TV Reality Personality, Zelma T. Lee, is better known to fans as DJ Supastar. City of San Antonio & LiftFund to Offer Additional Grant Assistance to Small Business Owners. Box 12277 For more information about LiftFund, visit www.LiftFund.com. Once I submit my application, can I confirm LiftFund received it? 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. /* FIELDS STYLES */ Am I able to apply for this program and the City of Houston's Harvey Economic Development Program (HEDP)? Harris County Approves $30 Million COVID Relief Fund for Micro and Funds must be used for business-related expenses, including payroll, working capital, business rent, inventory, supplies, equipment, and other operating costs. We're here to support determined entrepreneurs like you with loans, tools and resources to grow your business. LiftFund supports hard-working small business owners like you access money and resources you need to grow your business. 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. Home - COSA COVID Grants Be prepared to share this information during the application process. LiftFund founder, Janie Barrera, is a staunch advocate for small businesses in the area and nationally. More information about the partner organizations can be found, You will receive a confirmation email from. Small business applicants will be given priority if located in suburban and unincorporated areas. 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. Application opens for $30 million Harris County Small Business Relief Fund 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. .nf-form-content .nf-field-container #nf-field-321-wrap .nf-field-element li label { But when other lenders are telling you no, LiftFund wants to say yes. How will you verify my physical business address? 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. 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. To learn more about industry prioritization, click here. Below you will find more details about this program, including eligibility, funding methodology and timeframe. For more information about LiftFund, visit www.LiftFund.com. 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. 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. Austin, TX 78711-2277 The SBA created the Community Advantage program to reach underserved communities where business owners may struggle to obtain financing through traditional means. Youre ready to grow and strengthen your business with a loan. LiftFund can help small business owners acquire real estate and equipment they need to grow their businesses. Create a meaningful impact and drive change in Houston. As a Certified Development Company (CDC), LiftFund administers the SBAs 504 loan program in Texas. 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.. Business Bank statements from first quarter of 2020 plus business bank statements from any other quarter in 2020, A January- August profit and loss statement for 2020 and one for January August 2021. Pricey, but great for a date. Applications will be assessed and scored using the following methodology. Qualified businesses can obtain term loans (credit lines are not available) from $50,000 to $250,000 with interest rates of Prime + 4 to 6%. 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 We are proud to partner with local community organizations collaborating as partners. The annual revenue amount will only be reviewed for the location listed on the application and not the total of all businesses owned by the applicant. HomeMediaLiftFund Inc. Small Business Support, Nonprofit Organization based in the Alamo Region. No, your business must be physically located in the county. We believe you deserve a path to success and were here to close the small business finance gap thousands of small businesses face daily. 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. 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 . 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. No, the business must have been registered with the county or state and operating on or before April 1, 2020. 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. To be eligible, you must meet the following criteria: Businesses that dont meet the above criteria, but fulfill certain other guidelines, may also qualify: Apply Now for an SBA 7(a) Community Advantage loan. Ebony Harris has a special way with children its a gift. The fund will use money earmarked for Harris County recovery from the American Rescue Plan Act. If I have 2 businesses, can I submit an application for each? She thought about pursuing a career as a pediatric nurse, but that didnt appeal to her entrepreneurial spirit. As an entrepreneur with limited business education, Valorie lacked the traditional business acumen of many of her competitors. No, you may only submit one application for one 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. Our goal is to make sure we provide capital that meets goals and budget. <> The fund was approved to support small and micro businesses who have . I have not yet filed my 2020 tax return. Yes, for financial assistance, please visit, . https://www.cclerk.hctx.net/PersonalRecords.aspx#ANInfo. The application window will open Monday, September 20 at 9:30AM and close Monday, October 4 at 5:30PM Central Standard Time. The application window will open Monday, September 20 at 9:30AM and close Monday, October 4 at 5:30PM Central Standard Time. 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. 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. The grant funds will be awarded monthly beginning in November 2021 and through January 2022. Grant eligibility criteria includes: Grant applicant must be authorized representative of business or non-profit . Grant Harris Rd Property Records (San Marcos, TX) We will be hosting virtual info sessions to provide an overview of this grant program. Instead, in 2015, set her sights on opening a childcare center, where she could educate, support, and influence kids. 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. Harris County Community Services Department (HCCSD) has released the Harris County Affordable Rental Housing Program (ARHP) Request for Applica tions /Proposals (RFA). LiftFund tiene races profundas en el condado Harris y es un defensor de nuestra comunidad. . Comcast RISE. 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 . The application period opens Monday, July 13, 2020 and closes on Monday, July 27, 2020 with $24.7 million available. TikTok & Hispanic Heritage Foundation. For some, entrepreneurship is the only source of income, and a pathway out of poverty. Below you will find more details about this program, including eligibility, funding methodology and timeframe. Upon completion of the award agreement, funds will be deposited into your account within 7 business days. The Harris Small Business Relief Fund awards will not be made on a first-come, first-served basis. Thursday, September 23 at 12:00 pm. We believe you deserve a path to success and we're here to close the small business finance . The message will come from a LiftFund email address. Application opens today for Free Grant Money for small business owners in Harris County! On August 10, Harris County approved the $30 million relief fund to support small and micro businesses recovering from the effects of the pandemic. This is an effort to reach businesses that may have been underserved by previous relief programs. Please refer to the Scope of Work for additional information.