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TikTok & Hispanic Heritage Foundation. The SBA created the 504 loan program to help entrepreneurs finance commercial real estate and equipment for their businesses. Application opens today for Free Grant Money for small business owners in Harris County! We expect around 2,000 micro and small businesses to be assisted. Partners include bankers, small business owners, referral partners and expert consultants, and more. With little/poor credit or financial history, getting a loan seems impossible. Learn more about our special funding options and apply today! Services include Small Business Support. www.LiftFund.com; Application Review: June 22, 2020; Lottery: June 23, 2020; Awards: June 29, 2020-December . 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. 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. For more information about LiftFund, visit www.LiftFund.com. Get resources to help you manage COVID-19 in your workplace. 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." LiftFund supports hard-working small business owners access money and resources they need to grow their business. LiftFund and other local community organizations will help applicants navigate the application process and overcome technological or language barriers. Business and financial training. Both programs are set to start receiving applications in early January. Small Business Loans Houston, Startups, SBA & Micro Loans | LiftFund We believe you deserve a path to success and were here to close the small business finance gap thousands of small businesses face daily. Bexar County is requesting bids for the installation of Bullet Resistance Glass around the radius of the counter located in the Human Resources Department. If I received a PPP or EIDL loan can my business still qualify for the program? 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. PDF Harris County Small Business Relief Program $20 million Bexar County Grants Program for Small Businesses SBA 7a Community Advantage & 504 loans. x=ko#9r0m6~#c;Id/dY~d-q|f6e@-b]|K}9>>.N>]]7wb;#!\TnxC The City of Houstons program,Harvey Economic Development Program (HEDP), provides support to impacted small businesses and communities through small business loans and grants. Your DecisionWell assess your application and documents to make a decision. Home - COSA COVID Grants 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. Is negative impact on operations due to the pandemic based on gross or net revenue? You will need to submit your 2020 tax return. To learn more about industry prioritization, click here. LiftFund and Partners to Offer Additional Grant Programs Yes, as long as your business is registered with a DBA and you filed a ScheduleCin 2019 and 2020 for your business. 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. Spanish - Harris County Small Business Grant Recovery Program 2021 } Thats especially true if youre a startup, in a risky business industry or both. liftfund requirements - maestro-system.com No, you may only submit one application for one business. Business utility bill (water, gas, electric) Home based businesses may provide a home utility bill. 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. 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. https://www.cclerk.hctx.net/PersonalRecords.aspx#ANInfo. Extremely Unlikely . Funding Opportunities - Harris County, Texas All applicants will be notified of their application result by January 31, 2022. If your business is in a low- to moderate-income community that LiftFund serves, you may qualify for a special SBA loan. 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. But when other lenders are telling you no, LiftFund wants to say yes. LiftFund has deep roots in Harris County and is a champion for our small business community. Applications will be assessed and scored using the following methodology. LiftFund offers the Community Advantage loan to small businesses located in the following states: Alabama, Arkansas, California, Florida, Georgia, Kentucky, Louisiana, Mississippi, Missouri, New Mexico, New York, Oklahoma, South Carolina, Tennessee, and Texas. "This place has amazing seafood, an extensive wine selection, and excellent service. City of San Antonio Launches COVID-19 Recovery Grant Program for Small We provide loans for: Whether you have limited credit, collateral or experience, our team will work with you to provide a loan that allows you to build your credit and improve your finances. Applicants selected to receive a grant will receive an award agreement through Docusign. Throughout the year, the SAHCC and LiftFund have combined efforts to urge the county to allocate ARPA funding for direct relief to small businesses. Funds must be used for business-related expenses, including payroll, working capital, business rent, inventory, supplies, equipment, and other operating costs. This type of funding is essential for rebuilding the economy of Bexar County communities. Partner with LiftFund and connect your client to resources and capital so they begin a path to success. 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). Why Houston? Fort Bend Small Business Grant. liftfund harris county grant We provide loans and resources to budding and established business owners. Are Business Grants Taxable? Everything You Need To Know 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? KKR Small Business Builders. Location 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. Were LiftFund. Your password must be at least 7 characters long. Applications will be accepted from Monday. A list of our partner agencies and their contact information can be found, Yes. 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 $20 million fund will create two different programs, one $10 million program for small businesses and a separate $10 million program for nonprofits. LiftFund is nonprofit community development financial institution with a 27-year track record of elevating underestimated and underserved communities across its 15-state footprint. Instead, in 2015, set her sights on opening a childcare center, where she could educate, support, and influence kids. Ebony Harris has a special way with children its a gift. Get the latest COVID-19 guidance and information via our resources page. Eligible applications with the highest scores will be reviewed and awarded first, followed by applications with lower scores. We are proud to partner with local community organizations collaborating as partners. Terms: 7-10 year term; 25 year term for real estate; Prime + (2.75% to 6%); Variable rate (based on Wall Street). Grant eligibility criteria includes: Grant applicant must be authorized representative of business or non-profit . 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. 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. If I am not eligible for this grant, are there any other resources for me? 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. 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. Small business applicants will be given priority if located in suburban and unincorporated areas. Austin, TX 78711-2277 1 0 obj Does LiftFund have experience serving the small business community? How Small business loans in Houston, TX up to. The only thing standing between small business owners and success is often capital. The only thing standing between small business owners and success is often a lack of capital. We believe you deserve a path to success and we're here to close the small business finance . Very Likely . 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. Ebony Harris has a special way with children its a gift. Take the next step to learn about our membership. Tax-exempt businesses, hobby businesses, gambling businesses, residential builders, speculative real estate investors, government entities and sexually-oriented businesses are not eligible. Here is the eligibility criteria, according to a news release from Hidalgos office: Copyright 2021 by KPRC Click2Houston - All rights reserved. For over twenty five years, weve provided millions of dollars in loans to help deserving entrepreneurs grow their businesses and achieve their dreams. Most projects require a 50-40-10 split. 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. Harris County approves small business relief fund | Business 'We owe it to them': Harris County Judge Lina Hidalgo - KPRC How. If I have questions, how do I contact LiftFund? LiftFund provides small business loans for women & minority entrepreneurs and startups in Houston, Texas. $30 Million Small Business Recovery Grant Program By Chris Mathews. Sign up for our email newsletter to receive important updates regarding Texas veterans and TVC. Grant Harris Rd Property Records (San Marcos, TX) SBA COVID-19 Relief Options. We provide loan solutions that include SBA micro-loans, SBA 504 Loans and the SBA Community Advantage. The $30 million grant program will disburse awards of between $5,000 and $25,000 to up to 2,000 Harris County businesses. Registered business operating in Harris County. stream 920 Grant Harris Rd. Please refer to the Scope of Work for additional information. Texas Border Businesss. PDF Apply starting Sept. 20 for $30 million Harris County small - LiftFund Learn more about our special funding options and apply today! 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. Businesses must not have any outstanding tax liabilities. Can those be counted? Harris County launches $30 million Covid relief fund dedicated to To qualify for the Small Business Relief Fund, micro and small business applicants must: Be located within Harris County "LiftFund" to give 30 million dollars in Free Grant Money! 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. Advantages of the SBA 7(a) Community Advantage Loans Program. 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. .o]qWbW{~]yfg7%VYG.n0G:RMKl%W(~ $WuR#PVj$w%iB"q"-.~6(Oh5 }xZ(%N"Lzjn 1AG`". endobj If selected, do I have to pay the grant back? LiftFund is proud to serve the small businesses and nonprofits that are the heart of this county, says Ms. Barrera. 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. Applications will have up to 150 points based on the following five elements, each with a maximum of 30 points. Can I apply? 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. 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 application window will open Monday, September 20 at 9:30AM and close Monday, October 4 at 5:30PM Central Standard Time. We provide loans and resources to budding and established business owners; our clients are minority, women, veteran, and startup and established business owners. The LIFT Fund %PDF-1.7 However, businesses and/or projects considered special purpose require an additional 5% 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 . . Nov 14 2022 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. Create a meaningful impact and drive change in Houston. Notice: JavaScript is required for this content. For more information about LiftFund, visit www.LiftFund.com. Harris County to launch $30M small-business relief fund Sept. 20. She thought about pursuing a career as a pediatric nurse, but that didnt appeal to her entrepreneurial spirit. 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. The Harris County Small Business Relief Fund will provide grants ranging from $5,000 to $25,000 to eligible micro and small businesses. The fund was approved to support small and micro businesses who have . 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 Harris Small Business Relief Fund awards will not be made on a first-come, first-served basis. Business utility bill (water, gas, electric) Home based businesses may provide a home utility bill. info@tvc.texas.gov. font-size:12pt; The Harris Small Business Relief Fund awards will not be made on a first-come, first-served basis. We know entrepreneurs, no matter their life story, are dedicated to improving their lives and their familys well being. Once I submit my application, can I confirm LiftFund received it? LiftFund supports hard-working small business owners like you access money and resources you need to grow your business. Bexar County Small Business Relief Grant Program To qualify, applicants must show that they were negatively affected by the COVID pandemic. P.O. Were here to help you strengthen your business. Yes, for financial assistance, please visit www.liftfund.com/loan-offerings. We can be reached by phone at 888-215-2373, by email at sbgrants@liftfund.com or you can submit a question online. 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. 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. 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. Grant applicants are only eligible to receive one . By applying, we can find the right product to help you meet your business and financial needs. Our special programs, in collaboration with our generous partners, are designed to provide you access to flexible funding and special rates. Desde 1998, LiftFund ha proporcionado ms de $68.7 millones de dolares en capital y ms de 4.300 prstamos comerciales a propietarios y emprendedores de pequeas empresas del este de Texas, de los cuales el 81% son negros, indgenas y de color (BIPOC), el 65% son individuos de bajos a moderados . 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. The message will come from a LiftFund email address. Depending on how you spend your funds, you may add new tax deductions that help lower your income tax liability. Running a small business is a huge challenge, even during the good times, Hidalgo said in announcing the fund. In order to keep our team focused on the review and award process, we kindly ask that you refrain from contacting us to request a status update, as we may not be able to provide an immediate response to your inquiry. How can I prove my address? . 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. We know applying for a loan is an important decision, our team will be there to help you package and understand your funding options while youre applying with us. Please check spam and trash in case it was blocked. /* FIELDS STYLES */ 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. /* FORM STYLES */ We can help. If your business was registered and began operating in January March 2020, you do not need to provide a 2019 tax return. Harris County to launch $30M small-business relief fund Sept. 20 - impact 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 my business is located outside of Harris County but I serve customers within the county, can I apply? The Barstool Fund. My business was registered and began operating in January March 2020. Instead, in 2015, set her sights on opening a childcare center, where she could educate, support, and influence kids. How to do I prove how many employees I have if I hire 1099 contractors? Since 1994, LiftFund has provided over $409 million in opportunity funding and business education to small business owners and aspiring entrepreneurs. 2022-2023 Grantees Home; Submit Status Report; Update Contact Information; Submit Quarterly Outcomes Report; Apply For 2023-24 Funding. Harris County requested the most PPP money from LiftFund No, the business must have been registered with the county or state and operating on or before April 1, 2020. <>/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>> If you file a Schedule C, use Line 1. 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. If I received Harris County assistance last year, am I eligible to apply for the grant? . 93.7 The Beat is Houston's REAL hip-hop and home of The Breakfast Club. County Judge Lina Hidalgo this week announced plans for a $30 million relief fund aimed at supporting micro and small businesses. 2020 at 5:00 PM CST. The $30 million fund is a continuation of Harris County's financial support to small businesses reeling from these setbacks. The Small Business Relief Fund was created with funding from the American Rescue Plan Act (ARPA) and is being administered by LiftFund, a nonprofit organization that supports small business owners . Youre ready to grow and strengthen your business with a loan. Then, gather and review your financials and credit history. Like in many communities, the aftermath of the pandemic continues to be felt by Bexar County. You may still submit the home utility bill. Click here for more about theHarvey Economic Development Program (HEDP). 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.
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