No, the business must have been registered with the county or state and operating on or before April 1, 2020. 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 Harris Small Business Relief Fund awards will not be made on a first-come, first-served basis. By applying, we can find the right product to help you meet your business and financial needs. endobj 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. The only thing standing between small business owners and success is often a lack of capital. 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. 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 LiftFund, a nonprofit community development financial institution with a presence in Houston, is expanding its financial . A website with additional information for applicants is slated to go live on Aug. 20, Hidalgo said. We provide loans and resources to budding and established business owners; our clients are minority, women, veteran, and startup and established business owners. . The Harris County Small Business Relief Fund will provide grants ranging from $5,000 to $25,000 to eligible micro and small businesses. - Reporter, Houston Business Journal. We know you and your business need support during this time. Find San Marcos, TX residential property records including property owners, sales & transfer history, deeds & titles, property taxes, valuations . Click here for more about theHarvey Economic Development Program (HEDP). Eligible applications with the highest scores will be reviewed and awarded first, followed by applications with lower scores. 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 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. Instead, in 2015, set her sights on opening a childcare center, where she could educate, support, and influence kids. 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. 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. If I applied for a Harris County COVID-19 grant last year, do I have to re-apply? Whether youre a startup or an established business owner, we know business loans are an important tool for your business. 1070 Grant Harris Rd. As an entrepreneur with limited business education, Valorie lacked the traditional business acumen of many of her competitors. Terms: 7-10 year term; 25 year term for real estate; Prime + (2.75% to 6%); Variable rate (based on Wall Street). The new $30 million relief fund is subsidized by the American Rescue . Partner with LiftFund and connect your client to resources and capital so they begin a path to success. Plus, Carmen Contreras, Ashlee Young, DJ Mr. Rogers, Kiotti Brown and huge artists like Rihanna, Drake, Migos, Bryson Tiller, Beyonce and Future. Grant Funding For Veterans Services. You can view the list of prohibited NAICS codes here. Like in many communities, the aftermath of the pandemic continues to be felt by Bexar County. Funds must be used for business-related expenses, including payroll, working capital, business rent, inventory, supplies, equipment, and other operating costs. 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%. 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. They include Arkansas, Guam, Rhode Island, the U.S. Virgin Islands, and Wisconsin. Amanda Cochran is an Edward R. Murrow award-winning journalist. We provide loans and resources to budding and established business owners. 4 0 obj If I have more than one business, how is the annual revenue amount calculated? You can submit a copy of your business lease agreement. Copyright 2023 Click2Houston.com is managed by Graham Digital and published by Graham Media Group, a division of Graham Holdings. Prepare and GatherKnow your business goals and needs. 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. 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. Harris County may launch second $30M relief fund to help small On August 10, Harris County approved the $30 million relief fund to support small and micro businesses recovering from the effects of the pandemic. We are committed to reviewing applications as quickly as possible. The Texas nonprofit LiftFund will administer the distribution of funds to applying organizations based on a transparent . Your DecisionWell assess your application and documents to make a decision. LiftFund has deep roots in Harris County and is a champion for our small business community. As an entrepreneur with limited business education, Valorie lacked the traditional business acumen of many of her competitors. Yes, we will calculate the number of full time equivalent (FTE) employees, including 1099 workers. 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 grant funds will be awarded monthly beginning in November 2021 and through January 2022. 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. Search For Grant-Funded Services; Support Grant-Funded Services; Manage Current 2022-23 Funding. Your password must be at least 7 characters long. Applications must be done online. Negative impact can be demonstrated by a decline in either gross or net revenue between 2019 and 2020. LiftFund supports hard-working small business owners like you access money and resources you need to grow your business. Yes. . Grants will range from $5,000 to $25,000. } 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. www.LiftFund.com; Application Review: June 22, 2020; Lottery: June 23, 2020; Awards: June 29, 2020-December . Applicants selected to receive a grant will receive an award agreement through Docusign. If you file a Schedule C, use Line 1. 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 . The City of Houstons program, Harvey Economic Development Program (HEDP). Running a small business is a huge challenge, even during the good times, Hidalgo said in announcing the fund. Accepted highly visible role to restructure and realign senior program that provided 1,600 meals daily (900 home . 93.7 The Beat is Houston's REAL hip-hop and home of The Breakfast Club. Harris County's $30M small-business relief fund applications open LiftFund is nonprofit community development financial institution with a 27-year track record of elevating underestimated and underserved communities across its 15-state footprint. Take the next step to learn about our membership. You can view the list of prohibited NAICS codes here. 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. PDF Harris County Approves $30 Million COVID Relief Fund for Micro and LiftFund can help small business owners acquire real estate and equipment they need to grow their businesses. Funds must be used for business-related expenses, including payroll, working capital, business rent, inventory, supplies, equipment, and other operating costs. Harris County requested the most PPP money from LiftFund Get updates, toolkits and timely information about the virus and its economic impact. Texas Border Businesss. Small business loans in Houston, TX up to $500,000. Additional Resources - Harris County Small Business Grant Recovery 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. 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. Harris County Approves $30 Million COVID Relief Fund for Micro and We provide small business loans to underserved business owners, especially minority and women entrepreneurs, throughout the Southeast USA. If I am the only employee of my business, do I need to submit a payroll report or other proof? Registered business operating in Harris County. We want to thank Judge Wolff and the County Commissioners for bringing this program to life. If I received Harris County assistance last year, am I eligible to apply for the grant? Business utility bill (water, gas, electric) Home based businesses may provide a home utility bill. Get the latest COVID-19 guidance and information via our resources page. <> 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. 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. We cant do this work alone, thats where you can come in. Laredo, Texas - LiftFund and the City of Laredo have teamed up to launch a nearly $2 million Small Business Grant Program aimed at strengthening the Laredo small business community who have continued to be impacted by COVID-19.The new program will provide grants of $5,000 to $25,000 to qualifying micro and small for-profit business owners operating in Laredo. To learn more about industry prioritization, click here. My business is home based and all of my utilities are in someone elses name. Bexar County approved funding for the program earlier this year after collaborating with LiftFund and the San Antonio Hispanic Chamber of Commerce (SAHCC). Box 12277 Source: LiftFund. How small businesses in Harris County can apply for relief funds The new $30 million relief fund is . LiftFund aims for greater impact via new bank partnerships - Houston How to do I prove how many employees I have if I hire 1099 contractors? How can I prove my address? The application review period will start on October 5, 2021 and continue through January 9, 2022. Were here to help you strengthen your business. We can help you get the funding you need, even if youve been turned down before. Policy News - March 2, 2023 - Association for Enterprise Opportunity 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. By: Danica Lloyd - Community Impact. To qualify for the Small Business Relief Fund, micro and small business applicants must: Be located within Harris County Amanda Cochran, Digital Special Projects Manager. Careers | LiftFund We are proud to partner with local community organizations collaborating as partners. 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. By joining our movement, you say yes to financial inclusion and opportunity for all. It is based on gross revenue. Corpus Christi, Texas Area. Harris County Commissioners and LiftFund have seen firsthand the alarming impact that the As a Certified Development Company (CDC), LiftFund administers the SBA's 504 loan program in Texas. font-size:12pt; Register - Harris County Grant Program - BMI Productivity Solutions 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. 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. The fund will use money earmarked for Harris County recovery from the American Rescue Plan Act. .o]qWbW{~]yfg7%VYG.n0G:RMKl%W(~ $WuR#PVj$w%iB"q"-.~6(Oh5 }xZ(%N"Lzjn 1AG`". 1368 75 1 EUWJB-75 75 DIY 1 EUWJB-75 Grant eligibility criteria includes: Grant applicant must be authorized representative of business or non-profit . 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. You will be asked to submit a current business utility bill as part of the application. Once I submit my application, can I confirm LiftFund received it? Spanish - Harris County Small Business Grant Recovery Program 2021 Harris County to launch $30M small-business relief fund Sept. 20 This is an effort to reach businesses that may have been underserved by previous relief programs. 2020 at 5:00 PM CST. These local agencies will with the application process to help overcome technological or language barriers. Pricey, but great for a date. No, you may only submit one application for one business. Will the application process accommodate business owners facing technological or language barriers? Yes, businesses are eligible to apply and the amount of previously received funding will be factored into calculation of grant score. Policy News - March 2, 2023. 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. Home - COSA COVID Grants liftfund harris county grant The application window will remain open until Monday, October . Austin, TX 78711-2277 Services include Small Business Support. Houston, Texas Area. We expect around 2,000 micro and small businesses to be assisted. 820 Grant Harris Rd. You can also attend one of our free upcoming seminars, We can be reached by phone at 888-215-2373, by email at, 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. Ebony Harris has a special way with children its a gift. We believe you deserve a path to success and were here to close the small business finance gap thousands of small businesses face daily. | 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. If I received a PPP or EIDL loan can my business still qualify for the program? Please select services and we will contact you. <> The county has approved a $30 million relief fund to support small businesses recovering from the COVID-19 pandemic. The grant funds will be awarded monthly beginning in November 2021 and through January 2022. Business Development Officer, VP - Dallas (Large Loans) Category. 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? Can those be counted? 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.. Applications will be assessed and scored using the following methodology. All grants will be awarded by January 2022. To qualify, applicants must show that they were negatively affected by the COVID pandemic. The grant program will disburse awards of between $5,000 . "LiftFund" to give 30 million dollars in Free Grant Money! Applications with the highest scores will be reviewed and approved first. https://www.cclerk.hctx.net/PersonalRecords.aspx#ANInfo. https://www.harriscountybusinessrelief.org/, Registered business operating in Harris County. The grant application will require verification of pertinent documentation. Applications open today, September 20, 2021 with LiftFund to give women minority small business owners grants! Were a social enterprise that finds solutions to level the financial playing field for entrepreneurs who are often left out of financial mainstream. Our special programs, in collaboration with our generous partners, are designed to provide you access to flexible funding and special rates. She specializes in Texas features, consumer and business news and local crime coverage. If I have 2 businesses, can I submit an application for each? 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).