Comcast RISE. Take the next step to learn about our membership. 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. The City of Houstons program,Harvey Economic Development Program (HEDP), provides support to impacted small businesses and communities through small business loans and grants. We expect around 2,000 micro and small businesses to be assisted. 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. Does LiftFund have experience serving the small business community? 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. 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. 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, a nonprofit community development financial institution with a presence in Houston, is expanding its financial . Location We can be reached by phone at 888-215-2373, by email at sbgrants@liftfund.com or you can submit a question online. 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. 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. Learn more about our special funding options and apply today! Somewhat Unlikely . Like in many communities, the aftermath of the pandemic continues to be felt by Bexar County. How will you verify my physical business address? 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. The application window will remain open until Monday, October . If you file a Schedule C, use Line 1. Applications will be assessed and scored using the following methodology. Fort Bend Small Business Grant. 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. My business was registered and began operating in January March 2020. mjk funeral home obituaries; san jose state university graduate programs deadlines Men umschalten. If I am the only employee of my business, do I need to submit a payroll report or other proof? Partners include bankers, small business owners, referral partners and expert consultants, and more. The grant funds will be awarded monthly beginning in November 2021 and through January 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. LiftFund supports hard-working small business owners like you access money and resources you need to grow your business. Instead, in 2015, set her sights on opening a childcare center, where she could educate, support, and influence kids. If I have 2 businesses, can I submit an application for each? Assisted in routine inspections, surveys, and complaint investigations. Full Bio. All grants will be awarded by January 2022. 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. By: Danica Lloyd - Community Impact. Aug. 10 a partnership with LiftFund, an independent nonprofit . 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. The application review period will start on October 5, 2021 and continue through January 9, 2022. As an entrepreneur with limited business education, Valorie lacked the traditional business acumen of many of her competitors. Applications open today, September 20, 2021 with LiftFund to give women minority small business owners grants! Funds must be used for business-related expenses, including payroll, working capital, business rent, inventory, supplies, equipment, and other operating costs. 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. 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. You can view the list of prohibited NAICS codes here. How. Be prepared to share this information during the application process. I used to have more employees in 2019 and/or 2020. The grant application will require verification of pertinent documentation. 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 . 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. Most projects require a 50-40-10 split. Dj, Philanthropist, & TV Reality Personality, Zelma T. Lee, is better known to fans as DJ Supastar. Click here for more about theHarvey Economic Development Program (HEDP). Don't forget to end the meal with bananas foster or godiva chocolate cake." The fund will use money earmarked for Harris County recovery from the American Rescue Plan Act. Copyright 2023 Click2Houston.com is managed by Graham Digital and published by Graham Media Group, a division of Graham Holdings. LiftFund supports hard-working small business owners like you access money and resources you need to grow your business. There are also some exceptions. 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. Both programs are set to start receiving applications in early January. 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. Create secure account. . The fund was approved to support small and micro businesses who have . Finding traditional business loans isnt easy. } Tax-exempt businesses, hobby businesses, gambling businesses, residential builders, speculative real estate investors, government entities and sexually-oriented businesses are not eligible. Corpus Christi, Texas Area. . Thats especially true if youre a startup, in a risky business industry or both. However, businesses and/or projects considered special purpose require an additional 10% from the owner. More about these services:www.liftfund.com . You will have 2 days to sign and accept the grant. By applying, we can find the right product to help you meet your business and financial needs. If your business is in a low- to moderate-income community that LiftFund serves, you may qualify for a special SBA loan. If I have questions, how do I contact LiftFund? The message will come from a LiftFund email address. Find San Marcos, TX residential property records including property owners, sales & transfer history, deeds & titles, property taxes, valuations . . For more information about LiftFund, visit www.LiftFund.com. Know your business goals and needs. The Harris Small Business Relief Fund awards will not be made on a first-come, first-served basis. My business is home based and all of my utilities are in someone elses name. The Harris County Small Business Relief Fund will provide grants ranging from $5,000 to $25,000 to eligible micro and small businesses. 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. Can I apply? More information about the partner organizations can be found here. Assistant Director Senior Programs. Our special programs, in collaboration with our generous partners, are designed to provide you access to flexible funding and special rates. 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. The only thing standing between small business owners and success is often a lack of capital. 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? Yes, the Harris County Small Business Relief program is designed to support micro and small businesses impacted by COVID-19. LiftFund tiene races profundas en el condado Harris y es un defensor de nuestra comunidad. For more information about LiftFund, visit, LiftFund has deep roots in Harris County and is a champion for our small business community. 1070 Grant Harris Rd. 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. This type of funding is essential for rebuilding the economy of Bexar County communities. Find small business grants or loans in Texas that help minorities and women owned businesses. <>
With little/poor credit or financial history, getting a loan seems impossible. endobj
Funds must be used for business-related expenses, including payroll, working capital, business rent, inventory, supplies, equipment, and other operating costs. 11 Aug 2021. Mar 01 2023: Filed Mar 01 2023: HB 178 (88th Legislature (2023)) Relating to testing possible controlled substance evidence for fentanyl. Terms: 7-10 year term; 25 year term for real estate; Prime + (2.75% to 6%); Variable rate (based on Wall Street). | 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. We know entrepreneurs, no matter their life story, are dedicated to improving their lives and their familys well being. Source: LiftFund. Click here to view a pdf copy of the application. Applications will have up to 150 points based on the following five elements, each with a maximum of 30 points. 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. Get updates, toolkits and timely information about the virus and its economic impact. Harris County and LiftFund are offering one more webinar to provide an overview of the grant program, eligibility guidelines and more information about how to apply. We are thrilled to provide access to insightful case studies and reports, as well as host events such as our Learning Days and funder . Small businesses in the county that found themselves affected by COVID-19 will soon be able to apply for a grant of up to $25,000. 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. %
GoFundMe.org : Small Business Relief Fund. Notice: JavaScript is required for this content. Somewhat Likely . SBA COVID-19 Relief Options. Houston, Texas Area. 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 The grant application will require verification of pertinent documentation. As a Certified Development Company (CDC), LiftFund administers the SBAs 504 loan program in Texas. Harris County Commissioners and LiftFund have seen firsthand the alarming impact that the Applicants will need to be businesses registered in Harris County with: Applications for the program will run for two weeks beginning Sept. 20. Were here to help you strengthen your business. Harris County will distribute another $30 million in federal COVID-19 relief aid to help small businesses weather the pandemic. 2022-2023 Grantees Home; Submit Status Report; Update Contact Information; Submit Quarterly Outcomes Report; Apply For 2023-24 Funding. They include Arkansas, Guam, Rhode Island, the U.S. Virgin Islands, and Wisconsin. If selected, do I have to pay the grant back? Nov 14 2022 We are proud to partner with local community organizations collaborating as partners. Then, gather and review your financials and credit history. The Harris County Small Business Relief Fund will provide grants ranging from $5,000 to $25,000 to eligible micro and small businesses. We cant do this work alone, thats where you can come in. #nf-form-28-cont .nf-form-title h3 { Latino, Hispanic, Black, veteran and disadvantaged businesses can get free grants or low cost loans. Applicants selected to receive a grant will receive an award agreement through Docusign. View all San Marcos Property Records by Street. Do Not Sell or Share My Personal Information. Ebony Harris has a special way with children its a gift. Here is the eligibility criteria, according to a news release from Hidalgos office: Copyright 2021 by KPRC Click2Houston - All rights reserved. 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%.