Yes, as long as your business is registered with a DBA and you filed a ScheduleCin 2019 and 2020 for your business. The SBA created the 504 loan program to help entrepreneurs finance commercial real estate and equipment for their businesses. For more information about LiftFund, visit www.LiftFund.com. By: Danica Lloyd - Community Impact. HomeMediaLiftFund Inc. Small Business Support, Nonprofit Organization based in the Alamo Region. Applicants will need to be businesses registered in Harris County with: Applications for the program will run for two weeks beginning Sept. 20. The Harris Small Business Relief Fund awards will not be made on a first-come, first-served basis. LiftFund can help small business owners acquire real estate and equipment they need to grow their businesses. We are proud to partner with local community organizations collaborating as partners. Register Email #DJSupastar Were LiftFund. Tax-exempt businesses, hobby businesses, gambling businesses, residential builders, speculative real estate investors, government entities and sexually-oriented businesses are not eligible. The county has approved a $30 million relief fund to support small businesses recovering from the COVID-19 pandemic. LiftFund, a nonprofit community development financial institution with a presence in Houston, is expanding its financial . <>
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. Applications will have up to 150 points based on the following five elements, each with a maximum of 30 points. The Fort Bend County Commissioners Court has approved a small business emergency grant program to assist businesses impacted by Covid-19. LiftFund supports hard-working small business owners access money and resources they need to grow their business. Harris County to launch $30M small-business relief fund Sept. 20. 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. Funds must be used for business-related expenses, including payroll, working capital, business rent, inventory, supplies, equipment, and other operating costs. The team was dedicated to finding a way to use American Rescue Plan Act funding to provide direct economic relief for community businesses still struggling with the effects of the pandemic. 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. 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? Be prepared to share this information during the application process. Box 12277 Dj, Philanthropist, & TV Reality Personality, Zelma T. Lee, is better known to fans as DJ Supastar. Apply Online:www.liftfund.com/tvcdigital, Texas Veterans Commission Bexar County Small Business and Nonprofit Grants. No, your business must be physically located in the county. Strona gwna / Uncategorized / liftfund requirements endobj
You can view the list of prohibited NAICS codes here. No, number of employees will be calculated based on first quarter 2021. Corpus Christi, Texas Area. Eligible applications with the highest scores will be reviewed and awarded first, followed by applications with lower scores. Can I still apply? Apply Home; RFA Questions & Answers; New TVC Grants Portal For 2023-24 . Grants will be awarded in three months beginning in November and continuing through January, 2022. LiftFund provides small business loans for women & minority entrepreneurs and startups in Houston, 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.. Can those be counted? Join our movement in leveling the financial playing field and breaking the cycle of poverty through entrepreneurship. Find San Marcos, TX residential property records including property owners, sales & transfer history, deeds & titles, property taxes, valuations . It is based on gross revenue. Does LiftFund have experience serving the small business community? View all San Marcos Property Records by Street. If I received a PPP or EIDL loan can my business still qualify for the program? GoFundMe.org : Small Business Relief Fund. Yes, the Harris County Small Business Relief program is designed to support micro and small businesses impacted by COVID-19. Instead, in 2015, set her sights on opening a childcare center, where she could educate, support, and influence kids. The $30 million grant program will disburse awards of between $5,000 and $25,000 to up to 2,000 Harris County businesses. 2022-2023 Grantees Home; Submit Status Report; Update Contact Information; Submit Quarterly Outcomes Report; Apply For 2023-24 Funding. 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 . As an entrepreneur with limited business education, Valorie lacked the traditional business acumen of many of her competitors. 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). 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. KKR Small Business Builders. 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. /* FORM STYLES */ Texas Border Businesss. You can view the list of prohibited NAICS codes here. LiftFund has deep roots in Harris County and is a champion for our small business community. We will contact you by phone or email if additional documentation or clarification is needed. For more information about LiftFund, visit. Eligible small businesses applying or receiving support from other City or County program are able to apply for this program. As a Certified Development Company (CDC), LiftFund administers the SBAs 504 loan program in Texas. Then, apply and submit all of your documents. I use a PO Box on my business registration and/or my tax return. Many grants specifically for veterans are non-taxable. We are proud to partner with local community organizations collaborating as partners. You can view the list of prohibited NAICS codes here. 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. The Harris County Small Business Relief Fund will provide grants ranging from $5,000 to $25,000 to eligible micro and small businesses. For over twenty five years, weve provided millions of dollars in loans to help deserving entrepreneurs grow their businesses and achieve their dreams. - Reporter, Houston Business Journal. 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. For some, entrepreneurship is the only source of income, and a pathway out of poverty. Our special programs, in collaboration with our generous partners, are designed to provide you access to flexible funding and special rates. Below you will find more details about this program, including eligibility, funding methodology and timeframe. 93.7 The Beat is Houston's REAL hip-hop and home of The Breakfast Club. SBA COVID-19 Relief Options. If you file an 1120, use Line 1a. Austin, TX 78711-2277 Do Not Sell or Share My Personal Information. 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. Get Hired! . 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. We cant do this work alone, thats where you can come in. Small business owners have something to look forward to later this month, as Harris County launches The Small Business Relief Fund, a grant administered by LiftFund in order to help assist small . Your password must be at least 7 characters long. Grant eligibility criteria includes: Grant applicant must be authorized representative of business or non-profit . https://www.cclerk.hctx.net/PersonalRecords.aspx#ANInfo. Nov 14 2022 Businesses must not have any outstanding tax liabilities. Will the application process accommodate business owners facing technological or language barriers? <>
To learn more about industry prioritization, click here. Business Development Officer, VP - Dallas (Large Loans) Category. HOUSTON Harris County Judge Lina Hidalgo will announce the start of the Harris County Small Business Relief Fund Application period on Monday. Grant Eligibility Criteria. 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. Location 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. TikTok & Hispanic Heritage Foundation. Our special programs, in collaboration with our generous partners, are designed to provide you access to flexible funding and special rates. 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. colonel frank o'sullivan interview; beverly hills high school football 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. My business is home based and all of my utilities are in someone elses name. 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. Small business loans in Houston, TX up to $500,000. We are thrilled to provide access to insightful case studies and reports, as well as host events such as our Learning Days and funder . Were here to help you strengthen your business. .nf-form-content .nf-field-container #nf-field-321-wrap .nf-field-label label { How. Applications open today, September 20, 2021 with LiftFund to give women minority small business owners grants! 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. Please attached copies of your 2020 1099s in the application or submit a payroll report. 1 0 obj
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. Since the beginning of the pandemic in spring 2020, Harris County has provided micro and small businesses with $40 million in aid. Somewhat Likely . Learn more about becoming a LiftFund supporter. %
The Harris County Small Business Relief Fund will provide grants ranging from $5,000 to $25,000 to eligible micro and small . Houston, Texas Area. Applications will be assessed and scored using the following methodology. 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. Thats especially true if youre a startup, in a risky business industry or both. We will be hosting virtual info sessions to provide an overview of this grant program. font-size:12px; LiftFund COVID Grants Assistance Form. The fund was approved to support small and micro businesses who have . How can I prove my address? Don't forget to end the meal with bananas foster or godiva chocolate cake." Were here to help you strengthen your business. You are welcome to get assistance in completing the application from a third party, however, the business owner should submit their own application and the contact info listed should be for the owner. Register to connect with experts and members to discuss timely topics. County Judge Lina Hidalgo this week announced plans for a $30 million relief fund aimed at supporting micro and small businesses. This is an effort to reach businesses that may have been underserved by previous relief programs. If youve been unable to obtain small business financing through traditional means, LiftFund is here to help. You can submit a copy of your business lease agreement. More information about the partner organizations can be found here. Here is the eligibility criteria, according to a news release from Hidalgos office: Copyright 2021 by KPRC Click2Houston - All rights reserved. Running a small business is a huge challenge, even during the good times, Hidalgo said in announcing the fund. 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. If I have questions, how do I contact LiftFund? 3 0 obj
Search For Grant-Funded Services; Support Grant-Funded Services; Manage Current 2022-23 Funding. The description of my page. Yes, the Harris County Small Business Relief program is designed to support micro and small businesses impacted by COVID-19. The new $30 million relief fund is subsidized by the American Rescue . 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. Terms: 7-10 year term; 25 year term for real estate; Prime + (2.75% to 6%); Variable rate (based on Wall Street). 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. With little/poor credit or financial history, getting a loan seems impossible. 2 0 obj
Click the Apply Now button to the right to apply for a small business loan. 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 . Bexar County approved funding for the program earlier this year after collaborating with LiftFund and the San Antonio Hispanic Chamber of Commerce (SAHCC). You will need to submit your 2020 tax return. By joining our movement, you say yes to financial inclusion and opportunity for all. As long as the address on the utility bill matches the other documentation provided, that can serve as verification of business location. Full Bio. Apply and SubmitReview the list of information you need to apply through LiftFund and make sure you have all necessary documentation. %PDF-1.7
Prepare and GatherKnow your business goals and needs. We want to thank Judge Wolff and the County Commissioners for bringing this program to life. LiftFund is nonprofit community development financial institution with a 27-year track record of elevating underestimated and underserved communities across its 15-state footprint. 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. . 920 Grant Harris Rd. Why Houston? 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. 4 0 obj
Latino, Hispanic, Black, veteran and disadvantaged businesses can get free grants or low cost loans. 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. LiftFund will administer the grants, and all completed applications will be reviewed for basic eligibility. If your business was registered and began operating in January March 2020, you do not need to provide a 2019 tax return. Somewhat Unlikely . We believe you deserve a path to success and we're here to close the small business finance . Applicants who are not selected for funding will receive a notification email by January 31st, 2022. 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. You can also attend one of our free upcoming seminars www.liftfund.com/events. 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. Please refer to the Scope of Work for additional information. 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. 11 Aug 2021. Since 1994, LiftFund has provided over $409 million in opportunity funding and business education to small business owners and aspiring entrepreneurs. } But when other lenders are telling you no, LiftFund wants to say yes. Amanda Cochran, Digital Special Projects Manager. Grant Awards & Limitations. 766 Grant Harris Rd. Can a third party, such as a CPA, submit an application on behalf of a business owner? Harris County will distribute another $30 million in federal COVID-19 relief aid to help small businesses weather the pandemic. 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. Create secure account. How to do I prove how many employees I have if I hire 1099 contractors? To qualify, applicants must show that they were negatively affected by the COVID pandemic. Ebony Harris has a special way with children its a gift. endobj
The U.S. Department of the Treasury recently approved up to $339 million in funding for five states and territories under the State Small Business Credit Initiative (SSBCI). SBA 7a Community Advantage & 504 loans. Youre ready to grow and strengthen your business with a loan. 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. 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. Since the beginning of the pandemic in spring 2020, Harris County has provided micro and small businesses with $40 million in aid. Join our movement to build a stronger economy. stream
Funds must be used for business-related expenses, including payroll, working capital, business rent, inventory, supplies, equipment, and other operating costs. The application review period will start on October 5, 2021 and continue through January 9, 2022. Please check spam and trash in case it was blocked. Throughout the year, the SAHCC and LiftFund have combined efforts to urge the county to allocate ARPA funding for direct relief to small businesses. If you file an 1120-S, use Line 1. For more information about LiftFund, visit, LiftFund has deep roots in Harris County and is a champion for our 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. A list of our partner agencies and their contact information can be found here. Assistant Director Senior Programs. We partner with the SBA and other lending institutions to provide small business capital solutions like startup loans, microloans and 504 loans in Houston. 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. 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. Thank you. As a Certified Development Company (CDC), LiftFund administers the SBAs 504 loan program in Texas. More about these services:www.liftfund.com . How many businesses will be assisted through this program? Grants will range from $5,000 to $25,000. Both programs are set to start receiving applications in early January.