KKR Small Business Builders. County Judge Lina Hidalgo this week announced plans for a $30 million relief fund aimed at supporting micro and small businesses. 2 0 obj 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. Applicants will need to be businesses registered in Harris County with: Applications for the program will run for two weeks beginning Sept. 20. LiftFund is nonprofit community development financial institution with a 27-year track record of elevating underestimated and underserved communities across its 15-state footprint. LiftFund will administer the grants, and all completed applications will be reviewed for basic eligibility. Somewhat Unlikely . Harris County Small Business Grant Recovery Program 2021 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. font-size:12pt; Home - COSA COVID Grants Texas Bills - Open States 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. Amanda Cochran is an Edward R. Murrow award-winning journalist. 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. } Comcast RISE. Negative impact can be demonstrated by a decline in either gross or net revenue between 2019 and 2020. Location The application window will open Monday, September 20 at 9:30AM and close Monday, October 4 at 5:30PM Central Standard Time. 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. May 2010 - Aug 20104 months. LiftFund and other local community organizations will help applicants navigate the application process and overcome technological or language barriers. Harris County approves new $30M small-business recovery fund - Houston APPLY NOW: Harris County`s Small Business Relief Fund Begins Today More about these services:www.liftfund.com . You can also attend one of our free upcoming seminars www.liftfund.com/events. . https://www.cclerk.hctx.net/PersonalRecords.aspx#ANInfo. As a Certified Development Company (CDC), LiftFund administers the SBAs 504 loan program in Texas. By applying, we can find the right product to help you meet your business and financial needs. No, your business must be physically located in the county. } City of San Antonio Launches COVID-19 Recovery Grant Program for Small Ebony Harris has a special way with children its a gift. She specializes in Texas features, consumer and business news and local crime coverage. annual revenue of less than $500,000 in 2019 and 2020. If your business was registered and began operating in January March 2020, you do not need to provide a 2019 tax return. No, number of employees will be calculated based on first quarter 2021. Applications will have up to 150 points based on the following five elements, each with a maximum of 30 points. We can help. How small businesses in Harris County can apply for relief funds Get updates, toolkits and timely information about the virus and its economic impact. If selected, do I have to pay the grant back? /* FORM STYLES */ Christopher Smith - Senior Pressure Systems Integrity Engineer - Aker 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 . If I have 2 businesses, can I submit an application for each? On August 10, Harris County approved the $30 million relief fund to support small and micro businesses recovering from the effects of the pandemic. 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." 2022-2023 Grantees Home; Submit Status Report; Update Contact Information; Submit Quarterly Outcomes Report; Apply For 2023-24 Funding. Don't forget to end the meal with bananas foster or godiva chocolate cake." TikTok & Hispanic Heritage Foundation. LiftFund provides small business loans for women & minority entrepreneurs and startups in Houston, Texas. LiftFund COVID Grants Assistance Form LiftFund tiene races profundas en el condado Harris y es un defensor de nuestra comunidad. It is based on gross revenue. You will be asked to submit a current business utility bill as part of the application. The Harris County Small Business Relief Fund will provide grants ranging from $5,000 to $25,000 to eligible micro and small businesses. LiftFund Inc. - Small Business Support - Texas Veterans Commission Is negative impact on operations due to the pandemic based on gross or net revenue? 1054 Grant Harris Rd. Texas free grants and loans for minority and women owned businesses Harris County to launch $30M small-business relief fund Sept. 20 - impact Register to connect with experts and members to discuss timely topics. We believe you deserve a path to success and we're here to close the small business finance . The $20 million fund will create two different programs, one $10 million program for small businesses and a separate $10 million program for nonprofits. adam carlyle taylor accident. Harris County Small Business Relief Fund applications period - KPRC Grant Harris Rd Property Records (San Marcos, TX) Apply now and a team member will review your information and documents to find a LiftFund product that fits your business goals and budget. Apply Home; RFA Questions & Answers; New TVC Grants Portal For 2023-24 . Business utility bill (water, gas, electric) Home based businesses may provide a home utility bill. Grant eligibility criteria includes: Grant applicant must be authorized representative of business or non-profit . We know you and your business need support during this time. 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 . If I have more than one business, how is the annual revenue amount calculated? 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 . . Advantages of the SBA 7(a) Community Advantage Loans Program. If you file an 1120, use Line 1a. 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. , provides support to impacted small businesses and communities through small business loans and grants. Instead, in 2015, set her sights on opening a childcare center, where she could educate, support, and influence kids. To learn more about industry prioritization, click here. 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. Harris County Commissioners approved the program on August 10 and businesses will be able to apply starting September 20 via a new website that will be linked from the county site. Please submit your grant questions using the form below and we'll reach out to you within 2 business days. Stay up-to-date on whats happening with the Partnership and Greater Houston region by opting-in to receive information on upcoming events, news, data releases and more. I dont receive a business utility bill. SSBCI was established in 2010 and then recently . SOAR Fund - The Southern Opportunity And Resilience Fund. Both programs are set to start receiving applications in early January. The Fort Bend County Commissioners Court has approved a small business emergency grant program to assist businesses impacted by Covid-19. Instead, in 2015, set her sights on opening a childcare center, where she could educate, support, and influence kids. Please refer to the Scope of Work for additional information. 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. Prepared technical reports regarding emissions and environmental . Corpus Christi, Texas Area. If I received Harris County assistance last year, am I eligible to apply for the grant? If your business is in a low- to moderate-income community that LiftFund serves, you may qualify for a special SBA loan. Small Business Loans Houston, Startups, SBA & Micro Loans | LiftFund We know entrepreneurs, no matter their life story, are dedicated to improving their lives and their familys well being. How can I prove my address? 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. Is this program different from the City of Houston's grant program? Very Likely . Thats especially true if youre a startup, in a risky business industry or both. To qualify for the Small Business Relief Fund, micro and small business applicants must: Be located within Harris County Find small business grants or loans in Texas that help minorities and women owned businesses. 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're here to support determined entrepreneurs like you with loans, tools and resources to grow your business. Through the program, small businesses and nonprofits can apply for $10,000 -$50,000 in direct relief grants. Here is the eligibility criteria, according to a news release from Hidalgos office: Copyright 2021 by KPRC Click2Houston - All rights reserved. .nf-form-content .nf-field-container #nf-field-315-wrap { We are thrilled to provide access to insightful case studies and reports, as well as host events such as our Learning Days and funder . liftfund requirements. Funding Opportunities - Harris County, Texas We cant do this work alone, thats where you can come in. LiftFund provides small business loans for women & minority entrepreneurs andstartups in Houston, Texas. Most projects require a 50-40-10 split. These local agencies will with the application process to help overcome technological or language barriers. 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. 1368 75 1 EUWJB-75 75 DIY 1 EUWJB-75 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. Pricey, but great for a date. Harris County Commissioners and LiftFund have seen firsthand the alarming impact that . The SBA created the 504 loan program to help entrepreneurs finance commercial real estate and equipment for their businesses. More information about the partner organizations can be found, You will receive a confirmation email from. I use a PO Box on my business registration and/or my tax return. 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. Strona gwna / Uncategorized / liftfund requirements We provide loan solutions that include SBA micro-loans, SBA 504 Loans and the SBA Community Advantage. liftfund harris county grant Eligible small businesses applying or receiving support from other City or County program are able to apply for this program. Click the Apply Now button to the right to apply for a small business loan. Applications open today, September 20, 2021 with LiftFund to give women minority small business owners grants! LiftFund and Partners to Offer Additional Grant Programs Harris County approved a similar small business relief fund last year using federal funding from the CARES Act. PDF Apply starting Sept. 20 for $30 million Harris County small - LiftFund City of San Antonio & LiftFund to Offer Additional Grant Assistance to Small Business Owners. 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. PDF Harris County Approves $30 Million COVID Relief Fund for Micro and LiftFund has deep roots in Harris County and is a champion for our small business community. 996 Grant Harris Rd. Partners include bankers, small business owners, referral partners and expert consultants, and more. The application review period will start on October 5, 2021 and continue through January 9, 2022. SBA 7a Community Advantage & 504 loans. 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? For some, entrepreneurship is the only source of income, and a pathway out of poverty. 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. Eligible applications with the highest scores will be reviewed and awarded first, followed by applications with lower scores. 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. Join the LiftFund family as a client today. LiftFund supports hard-working small business owners like you access money and resources you need to grow your business. Houston, Texas Area. LiftFund supports hard-working small business owners access money and resources they need to grow their business. } 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. Create a meaningful impact and drive change in Houston. We are proud to partner with local community organizations collaborating as partners. My business is home based and all of my utilities are in someone elses name. View all San Marcos Property Records by Street. 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. For your convenience, services are being provided in-person, online, & by phone. 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? Harris County approves small business relief fund | Business We can help you get the funding you need, even if youve been turned down before. Search For Grant-Funded Services; Support Grant-Funded Services; Manage Current 2022-23 Funding. How LiftFund supports thousands of small businesses through microloans, small business loans, and resources with dignity and respect. 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. HOUSTON Harris County Judge Lina Hidalgo will announce the start of the Harris County Small Business Relief Fund Application period on Monday. 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. 75 EUWJB-75 1 - climate.church <> Latino, Hispanic, Black, veteran and disadvantaged businesses can get free grants or low cost loans. Get the latest COVID-19 guidance and information via our resources page. <>/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>> LiftFund supports hard-working small business owners like you access money and resources you need to grow your business. 'We owe it to them': Harris County Judge Lina Hidalgo - KPRC SBA COVID-19 Relief Options. We provide loans and resources to budding and established business owners; our clients are minority, women, veteran, and startup and established business owners. $2 Million COVID-19 Relief Small Business Grant Program . /* FIELDS STYLES */ You will need to submit your 2020 tax return. The fund was approved to support small and micro businesses who have . For more information about LiftFund, visit www.LiftFund.com. These local agencies will with the application process to help overcome technological or language barriers. We provide loans and resources to budding and established business owners. 1 0 obj Join our movement in leveling the financial playing field and breaking the cycle of poverty through entrepreneurship. If you need help with the Public File, call (713) 778-4745. The new $30 million relief fund is subsidized by the American Rescue . Houston's Harris County brought the most business owners to LiftFund by far, with 230 applications totaling more than $22 million in "pre-approved" loan amounts, which are based . 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. However, businesses and/or projects considered special purpose require an additional 10% from the owner. Grant Awards & Limitations. Partner with LiftFund and connect your client to resources and capital so they begin a path to success. Many grants specifically for veterans are non-taxable. The application process for the $30 million Harris County Small Business Relief Fund is now open. 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. If this describes you, the SBA 7A Community Advantage loan program may be the right fit. We expect around 2,000 micro and small businesses to be assisted. endobj She thought about pursuing a career as a pediatric nurse, but that didnt appeal to her entrepreneurial spirit. Since the beginning of the pandemic in spring 2020, Harris County has provided micro and small businesses with $40 million in aid. Applications with the highest scores will be reviewed and approved first. Funds must be used for business-related expenses, including payroll, working capital, business rent, inventory, supplies, equipment, and other operating costs. Registration Available Mon, May 17 2021 to Wed, Jun 30 2021. The LIFT Fund 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. The City of Houstons program, Harvey Economic Development Program (HEDP). LiftFund and other local community organizations will help applicants navigate the application process and overcome technological or language barriers. Be prepared to share this information during the application process. Can those be counted? To learn more about industry prioritization, click here. Business and financial training. Businesses must not have any outstanding tax liabilities. Texas Border Businesss. 3 0 obj COVID-19 Grants - University of Houston Depending on how you spend your funds, you may add new tax deductions that help lower your income tax liability. Policy News - March 2, 2023. Our special programs, in collaboration with our generous partners, are designed to provide you access to flexible funding and special rates. Harris County Judge Lina Hidalgo will announce the start of the Harris County Small Business Relief Fund Application period on Monday. endobj 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. 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. Get resources to help you manage COVID-19 in your workplace. Click here for more about theHarvey Economic Development Program (HEDP). Spanish - Harris County Small Business Grant Recovery Program 2021 liftfund requirements - maestro-system.com 4 0 obj LiftFund aims for greater impact via new bank partnerships - Houston <> LiftFund COVID Grants Assistance Form. Find San Marcos, TX residential property records including property owners, sales & transfer history, deeds & titles, property taxes, valuations . Learn more about becoming a LiftFund partner. The grant application will require verification of pertinent documentation. 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. Policy News - March 2, 2023 - Association for Enterprise Opportunity Were a local nonprofit organization that makes capital more accessible to help small business owners create wealth for themselves, their families, and their communities. 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. Running a small business is a huge challenge, even during the good times, Hidalgo said in announcing the fund. If my business opened after April 2020, can I apply? For more information about LiftFund, visit, LiftFund has deep roots in Harris County and is a champion for our small business community. 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. 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.