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. Like in many communities, the aftermath of the pandemic continues to be felt by Bexar County. Upon completion of the award agreement, funds will be deposited into your account within 7 business days. As a sole proprietor, I am not required by the county or state to file a DBA. 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. GoFundMe.org : Small Business Relief Fund. Register Email Grants will be awarded in three months beginning in November and continuing through January, 2022. Most projects require a 50-40-10 split. A list of our partner agencies and their contact information can be found here. Get the latest COVID-19 guidance and information via our resources page. Dj Supastar talked with VP, Michi Clay of The Lift Fund on Face The Beat this past Sunday about FREE money that is available for small business owners. 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%. For more information about LiftFund, visit www.LiftFund.com. East Harris County Empowerment Council (281) 712-2550 Spring Klein Chamber of Commerce (281) 257-9559. Dj, Philanthropist, & TV Reality Personality, Zelma T. Lee, is better known to fans as DJ Supastar. How LiftFund supports thousands of small businesses through microloans, small business loans, and resources with dignity and respect. Harris County Commissioners and LiftFund have seen firsthand the alarming impact that the Register here. As an entrepreneur with limited business education, Valorie lacked the traditional business acumen of many of her competitors. Eligible applications with the highest scores will be reviewed and awarded first, followed by applications with lower scores. 11 Aug 2021. Applicants who are not selected for funding will receive a notification email by January 31st, 2022. Is negative impact on operations due to the pandemic based on gross or net revenue? A list of our partner agencies and their contact information can be found, Yes. Get Hired! I have not yet filed my 2020 tax return. LiftFund and other local community organizations will help applicants navigate the application process and overcome technological or language barriers. Commissioners Court unanimously approved a plan to award up to 2,000 . #nf-form-28-cont .nf-row { Funds must be used for business-related expenses, including payroll, working capital, business rent, inventory, supplies, equipment, and other operating costs. Austin, TX 78711-2277 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). Please refer to the Scope of Work for additional information. Ebony Harris has a special way with children its a gift. 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. As a Certified Development Company (CDC), LiftFund administers the SBAs 504 loan program in Texas. /* FIELDS STYLES */ Learn more about becoming a LiftFund partner. Prepare and GatherKnow your business goals and needs. We will contact you by phone or email if additional documentation or clarification is needed. The Fort Bend County Commissioners Court has approved a small business emergency grant program to assist businesses impacted by Covid-19. To learn more, scroll down and/or attend one of LiftFunds upcoming Virtual Info Sessions: Tax-exempt businesses, gambling businesses, residential builders, speculative real estate investors, government entities and sexually-oriented businesses are not eligible. Advantages of the Micro and Small Business Loans Program. We cant do this work alone, thats where you can come in. 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. Advantages of the SBA 7(a) Community Advantage Loans Program. If you file an 1120, use Line 1a. Very Likely . Location We partner with the SBA and other lending institutions to provide small business capital solutions like startup loans, microloans and 504 loans in Houston. County Judge Lina Hidalgo this week announced plans for a $30 million relief fund aimed at supporting micro and small businesses. 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? If I received a PPP or EIDL loan can my business still qualify for the program? Thursday, September 23 at 12:00 pm. 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. 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. LiftFund and other local community organizations will help applicants navigate the application process and overcome technological or language barriers. The SBA created the 504 loan program to help entrepreneurs finance commercial real estate and equipment for their businesses. The message will come from a LiftFund email address. 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. Yes, the Harris County Small Business Relief program is designed to support micro and small businesses impacted by COVID-19. 2010 - Jun 20122 years. 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. SBA COVID-19 Relief Options. Amanda Cochran, Digital Special Projects Manager. You can also attend one of our free upcoming seminars www.liftfund.com/events. 1368 75 1 EUWJB-75 75 DIY 1 EUWJB-75 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. Applications will be assessed and scored using the following methodology. 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 will distribute another $30 million in federal COVID-19 relief aid to help small businesses weather the pandemic. Learn more about our special funding options and apply today! 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. .nf-form-content .nf-field-container #nf-field-321-wrap .nf-field-element li label { 1070 Grant Harris Rd. 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 County Small Business Relief Fund will provide grants ranging from $5,000 to $25,000 to eligible micro and small businesses. 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. Yes, for financial assistance, please visit, . Is the $500,000 annual revenue limit based on gross or net revenue? The fund will use money earmarked for Harris County recovery from the American Rescue Plan Act. We can help. Search For Grant-Funded Services; Support Grant-Funded Services; Manage Current 2022-23 Funding. <>/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>> The county has approved a $30 million relief fund to support small businesses recovering from the COVID-19 pandemic. The description of my page. LiftFund tiene races profundas en el condado Harris y es un defensor de nuestra comunidad. SOAR Fund - The Southern Opportunity And Resilience Fund. We know entrepreneurs, no matter their life story, are dedicated to improving their lives and their familys well being. SSBCI was established in 2010 and then recently . Please check spam and trash in case it was blocked. Is this program different from the City of Houston's grant program? More about these services:www.liftfund.com . stream 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. 2 0 obj The grant funds will be awarded monthly beginning in November 2021 and through January 2022. Applications will be accepted from Monday. Our goal is to make sure we provide capital that meets goals and budget. Texas Border Businesss. More information about the partner organizations can be found, You will receive a confirmation email from. Were LiftFund. If I applied for a Harris County COVID-19 grant last year, do I have to re-apply? You can view the list of prohibited NAICS codes here. 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. Amanda Cochran is an Edward R. Murrow award-winning journalist. The Harris Small Business Relief Fund awards will not be made on a first-come, first-served basis. We are thrilled to provide access to insightful case studies and reports, as well as host events such as our Learning Days and funder . P.O. If I received Harris County assistance last year, am I eligible to apply for the grant? If I have more than one business, how is the annual revenue amount calculated? We're here to support determined entrepreneurs like you with loans, tools and resources to grow your business. I dont receive a business utility bill. 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. We believe entrepreneurship is a path to financial and family well being and we create products and resources that close the small business finance gap thousands of small businesses face daily. 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. Create a meaningful impact and drive change in Houston. SBA 7a Community Advantage & 504 loans. If I am the only employee of my business, do I need to submit a payroll report or other proof? Extremely Unlikely . 920 Grant Harris Rd. 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. 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. She thought about pursuing a career as a pediatric nurse, but that didnt appeal to her entrepreneurial spirit. 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. You will need to submit your 2020 tax return. Instead, in 2015, set her sights on opening a childcare center, where she could educate, support, and influence kids. We are proud to partner with local community organizations collaborating as partners. All grants will be awarded by January 2022. These local agencies will with the application process to help overcome technological or language barriers. Be prepared to share this information during the application process. May 2010 - Aug 20104 months. Please attached copies of your 2020 1099s in the application or submit a payroll report. If I have questions, how do I contact LiftFund? Below you will find more details about this program, including eligibility, funding methodology and timeframe. 766 Grant Harris Rd. 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. Nov 14 2022 Copyright 2023 Click2Houston.com is managed by Graham Digital and published by Graham Media Group, a division of Graham Holdings. 1090 Grant Harris Rd. 1 0 obj Applications will have up to 150 points based on the following five elements, each with a maximum of 30 points. As a Certified Development Company (CDC), LiftFund administers the SBAs 504 loan program in Texas. But when other lenders are telling you no, LiftFund wants to say yes. We want to thank Judge Wolff and the County Commissioners for bringing this program to life. By applying, we can find the right product to help you meet your business and financial needs. } How many businesses will be assisted through this program? For more information about LiftFund, visit www.LiftFund.com. } However, businesses and/or projects considered special purpose require an additional 5% from the owner. Applicants selected to receive a grant will receive an award agreement through Docusign. We provide loans and resources to budding and established business owners; our clients are minority, women, veteran, and startup and established business owners. Were here to help you strengthen your business. 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. She specializes in Texas features, consumer and business news and local crime coverage. https://www.harriscountybusinessrelief.org/, Registered business operating in Harris County. Click here to view a pdf copy of the application. 3 0 obj 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. 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. LiftFund founder, Janie Barrera, is a staunch advocate for small businesses in the area and nationally. 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. More information about the partner organizations can be found here. Instead, in 2015, set her sights on opening a childcare center, where she could educate, support, and influence kids. They include Arkansas, Guam, Rhode Island, the U.S. Virgin Islands, and Wisconsin. Applications will be accepted from Monday. 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. /* FORM STYLES */ endobj Depending on how you spend your funds, you may add new tax deductions that help lower your income tax liability. Youre ready to grow and strengthen your business with a loan. If your business is in a low- to moderate-income community that LiftFund serves, you may qualify for a special SBA loan. By Chris Mathews. As a Certified Development Company (CDC), LiftFund administers the SBA's 504 loan program in Texas. This is an effort to reach businesses that may have been underserved by previous relief programs. City of San Antonio & LiftFund to Offer Additional Grant Assistance to Small Business Owners. Terms: 7-10 year term; 25 year term for real estate; Prime + (2.75% to 6%); Variable rate (based on Wall Street). If this describes you, the SBA 7A Community Advantage loan program may be the right fit. 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). HOUSTON Harris County Judge Lina Hidalgo will announce the start of the Harris County Small Business Relief Fund Application period on Monday. . 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 $20 million fund will create two different programs, one $10 million program for small businesses and a separate $10 million program for nonprofits. Grant Funding For Veterans Services. Small business applicants will be given priority if located in suburban and unincorporated areas. As long as the address on the utility bill matches the other documentation provided, that can serve as verification of business location. Take the next step to learn about our membership. 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. Bexar County Small Business and Nonprofit Grants. font-size:12px; Yes, for financial assistance, please visit www.liftfund.com/loan-offerings. Our special programs, in collaboration with our generous partners, are designed to provide you access to flexible funding and special rates. If you are a small business owner that live in Harris County, and was affected by the pandemic, then hit the link below to apply for FREE GRANT money . As an entrepreneur with limited business education, Valorie lacked the traditional business acumen of many of her competitors. The Harris County Small Business Relief Fund will provide grants ranging from $5,000 to $25,000 to eligible micro and small . % https://www.cclerk.hctx.net/PersonalRecords.aspx#ANInfo. Strona gwna / Uncategorized / liftfund requirements 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. endobj 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. The $30 million fund is a continuation of Harris County's financial support to small businesses reeling from these setbacks. Yes, the Harris County Small Business Relief program is designed to support micro and small businesses impacted by COVID-19. These local agencies will with the application process to help overcome technological or language barriers. Your DecisionWell assess your application and documents to make a decision. 93.7 The Beat is Houston's REAL hip-hop and home of The Breakfast Club. 4 0 obj If my business is located outside of Harris County but I serve customers within the county, can I apply? 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. The fund will use money earmarked for Harris County recovery from the American Rescue Plan Act. 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. 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. Many grants specifically for veterans are non-taxable. 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. Bexar County approved funding for the program earlier this year after collaborating with LiftFund and the San Antonio Hispanic Chamber of Commerce (SAHCC). We provide loans and resources to budding and established business owners. Then, gather and review your financials and credit history. We will be hosting virtual info sessions to provide an overview of this grant program. Harris County Judge Lina Hidalgo will announce the start of the Harris County Small Business Relief Fund Application period on Monday. Accepted highly visible role to restructure and realign senior program that provided 1,600 meals daily (900 home . Small business loans in Houston, TX up to $500,000. x=ko#9r0m6~#c;Id/dY~d-q|f6e@-b]|K}9>>.N>]]7wb;#!\TnxC 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. You can view the list of prohibited NAICS codes here. The new $30 million relief fund is subsidized by the American Rescue . Can I still apply? How will you verify my physical business address? We are committed to reviewing applications as quickly as possible. Applications will have up to 150 points based on the following five elements, each with a maximum of 30 points. We can help you get the funding you need, even if youve been turned down before. If I have 2 businesses, can I submit an application for each? 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. Join the LiftFund family as a client today. How to do I prove how many employees I have if I hire 1099 contractors? You can view the list of prohibited NAICS codes here. Applications must be done online. Business and financial training. 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. 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. By: Danica Lloyd - Community Impact. The SBA created the 504 loan program to help entrepreneurs finance commercial real estate and equipment for their businesses. You can submit a copy of your business lease agreement. . LiftFund COVID Grants Assistance Form. County Judge Lina Hidalgo this week announced plans for a $30 million relief fund aimed at supporting micro and small businesses. %PDF-1.7 Win Your Trip to Our 2023 iHeartRadio Music Awards! 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. 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. 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. Find small business grants or loans in Texas that help minorities and women owned businesses. Comcast RISE. Since I dont have a 2019 business tax return, what documents do I need to submit to prove negative impact? 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." We know you and your business need support during this time. You can view the list of prohibited NAICS codes here. For more information about LiftFund, visit. Apply and SubmitReview the list of information you need to apply through LiftFund and make sure you have all necessary documentation. 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 . You will be asked to submit a current business utility bill as part of the application. A website with additional information for applicants is slated to go live on Aug. 20, Hidalgo said. Business utility bill (water, gas, electric) Home based businesses may provide a home utility bill. 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. No, the business must have been registered with the county or state and operating on or before April 1, 2020. Thank you for your cooperation. LiftFund can help small business owners acquire real estate and equipment they need to grow their businesses. 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 . Join our movement to build a stronger economy. It is based on gross revenue. The new $30 million relief fund is . 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 . If you file an 1120-S, use Line 1. annual revenue of less than $500,000 in 2019 and 2020. Know your business goals and needs. 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. 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 will administer the grants, and all completed applications will be reviewed for basic eligibility. .o]qWbW{~]yfg7%VYG.n0G:RMKl%W(~ $WuR#PVj$w%iB"q"-.~6(Oh5 }xZ(%N"Lzjn 1AG`". If youve been unable to obtain small business financing through traditional means, LiftFund is here to help. 2020 at 5:00 PM CST. 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.