County Judge Lina Hidalgo this week announced plans for a $30 million relief fund aimed at supporting micro and small businesses. LiftFund can help small business owners acquire real estate and equipment they need to grow their businesses. These local agencies will with the application process to help overcome technological or language barriers. Register Email You can submit a copy of your business lease agreement. 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 . Instead, in 2015, set her sights on opening a childcare center, where she could educate, support, and influence kids. 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 . https://www.cclerk.hctx.net/PersonalRecords.aspx#ANInfo. TikTok & Hispanic Heritage Foundation. . 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. As a Certified Development Company (CDC), LiftFund administers the SBA's 504 loan program in Texas. Win Your Trip to Our 2023 iHeartRadio Music Awards! 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. . 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. Partners include bankers, small business owners, referral partners and expert consultants, and more. Nov 8, 2020. 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. A website with additional information for applicants is slated to go live on Aug. 20, Hidalgo said. Take the next step to learn about our membership. Negative impact can be demonstrated by a decline in either gross or net revenue between 2019 and 2020. } Grant Awards & Limitations. The Fort Bend County Commissioners Court has approved a small business emergency grant program to assist businesses impacted by Covid-19. adam carlyle taylor accident. We know entrepreneurs, no matter their life story, are dedicated to improving their lives and their familys well being. We believe you deserve a path to success and we're here to close the small business finance . Applications will have up to 150 points based on the following five elements, each with a maximum of 30 points. Advantages of the Micro and Small Business Loans Program. SOAR Fund - The Southern Opportunity And Resilience Fund. Why Houston? Ebony Harris has a special way with children its a gift. 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 . Do Not Sell or Share My Personal Information. Apply Home; RFA Questions & Answers; New TVC Grants Portal For 2023-24 . The City of Houstons program,Harvey Economic Development Program (HEDP), provides support to impacted small businesses and communities through small business loans and grants. 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. Prepared technical reports regarding emissions and environmental . Fort Bend Small Business Grant. County Judge Lina Hidalgo this week announced plans for a $30 million relief fund aimed at supporting micro and small businesses. font-size:12px; By joining our movement, you say yes to financial inclusion and opportunity for all. https://www.cclerk.hctx.net/PersonalRecords.aspx#ANInfo. <>/Metadata 194 0 R/ViewerPreferences 195 0 R>> 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. Get Hired! If I am not eligible for this grant, are there any other resources for me? Funds must be used for business-related expenses, including payroll, working capital, business rent, inventory, supplies, equipment, and other operating costs. Business utility bill (water, gas, electric) Home based businesses may provide a home utility bill. Create a meaningful impact and drive change in Houston. #DJSupastar Latino, Hispanic, Black, veteran and disadvantaged businesses can get free grants or low cost loans. Harris County Commissioners and LiftFund have seen firsthand the alarming impact that . 3 0 obj Be prepared to share this information during the application process. You can view the list of prohibited NAICS codes here. 1368 75 1 EUWJB-75 75 DIY 1 EUWJB-75 All grants will be awarded by January 2022. Registered business operating in Harris County. These local agencies will with the application process to help overcome technological or language barriers. GoFundMe.org : Small Business Relief Fund. If your business was registered and began operating in January March 2020, you do not need to provide a 2019 tax return. Then, gather and review your financials and credit history. 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. 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. Grant eligibility criteria includes: Grant applicant must be authorized representative of business or non-profit . Like in many communities, the aftermath of the pandemic continues to be felt by Bexar County. 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. LiftFund and other local community organizations will help applicants navigate the application process and overcome technological or language barriers. How Small business loans in Houston, TX up to. Harris County Commissioners and LiftFund have seen firsthand the alarming impact that the Applications with the highest scores will be reviewed and approved first. You can view the list of prohibited NAICS codes here. No, revenue must be less than $500,000 in both 2019 and 2020. A list of our partner agencies and their contact information can be found, Yes. 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. Additional funds were approved April 27, 2021 to provide financial assistance to the small business community. Get resources to help you manage COVID-19 in your workplace. They include Arkansas, Guam, Rhode Island, the U.S. Virgin Islands, and Wisconsin. We provide loans and resources to budding and established business owners. You will receive a confirmation email from noreply@bmisw.com. Thank you. Our special programs, in collaboration with our generous partners, are designed to provide you access to flexible funding and special rates. Please refer to the Scope of Work for additional information. 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. Were here to help you strengthen your business. 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. How LiftFund supports thousands of small businesses through microloans, small business loans, and resources with dignity and respect. For more information about LiftFund, visit. She specializes in Texas features, consumer and business news and local crime coverage. Does LiftFund have experience serving the small business community? 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. 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). HOUSTON, Texas (KIAH) Some business owners in Harris County can now apply for the new $30 million small business relief fund. 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. Registration Available Mon, May 17 2021 to Wed, Jun 30 2021. The Harris County Small Business Relief Fund will provide grants ranging from $5,000 to $25,000 to eligible micro and small . Partner with LiftFund and connect your client to resources and capital so they begin a path to success. Chica Verdes mission is to bring a bit of warmth and green into the life of its customers, who are the center of the business. font-size:12pt; Once I submit my application, can I confirm LiftFund received it? 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. } endobj Is this program different from the City of Houston's grant program? LiftFund and other local community organizations will help applicants navigate the application process and overcome technological or language barriers. Find small business grants or loans in Texas that help minorities and women owned businesses. 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. Grant Eligibility Criteria. Austin, TX 78711-2277 We partner with the SBA and other lending institutions to provide small business capital solutions like startup loans, microloans and 504 loans in Houston. % More about these services:www.liftfund.com . Click here to view a pdf copy of the application. Yes, the Harris County Small Business Relief program is designed to support micro and small businesses impacted by COVID-19. If my business is located outside of Harris County but I serve customers within the county, can I apply? 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. The SBA created the 504 loan program to help entrepreneurs finance commercial real estate and equipment for their businesses. Click here for more about theHarvey Economic Development Program (HEDP). Applicants who are not selected for funding will receive a notification email by January 31st, 2022. You can view the list of prohibited NAICS codes here. Startup loans. Chica Verdes mission is to bring a bit of warmth and green into the life of its customers, who are the center of the business. Get the latest COVID-19 guidance and information via our resources page. A list of our partner agencies and their contact information can be found here. If I received Harris County assistance last year, am I eligible to apply for the grant? 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. If I have 2 businesses, can I submit an application for each? 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. .o]qWbW{~]yfg7%VYG.n0G:RMKl%W(~ $WuR#PVj$w%iB"q"-.~6(Oh5 }xZ(%N"Lzjn 1AG`". liftfund requirements. 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. 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. We want to thank Judge Wolff and the County Commissioners for bringing this program to life. If selected, do I have to pay the grant back? As an entrepreneur with limited business education, Valorie lacked the traditional business acumen of many of her competitors. As a sole proprietor, I am not required by the county or state to file a DBA. May 2010 - Aug 20104 months. 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. annual revenue of less than $500,000 in 2019 and 2020.