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%. How can I prove my address? 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. Join our movement to build a stronger economy. Pricey, but great for a date. As an entrepreneur with limited business education, Valorie lacked the traditional business acumen of many of her competitors. Application opens for $30 million Harris County Small Business Relief Fund May 2010 - Aug 20104 months. We provide loan solutions that include SBA micro-loans, SBA 504 Loans and the SBA Community Advantage. If I am the only employee of my business, do I need to submit a payroll report or other proof? If this describes you, the SBA 7A Community Advantage loan program may be the right fit. 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? Applications with the highest scores will be reviewed and approved first. font-size:12px; Since the beginning of the pandemic in spring 2020, Harris County has provided micro and small businesses with $40 million in aid. The grant application will require verification of pertinent documentation. 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 . No, you may only submit one application for one business. Please select services and we will contact you. Texas Border Businesss. 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. 2020 at 5:00 PM CST. Click the Apply Now button to the right to apply for a small business loan. A list of our partner agencies and their contact information can be found here. We know entrepreneurs, no matter their life story, are dedicated to improving their lives and their familys well being. Eligible applications with the highest scores will be reviewed and awarded first, followed by applications with lower scores. Here is the eligibility criteria, according to a news release from Hidalgos office: Copyright 2021 by KPRC Click2Houston - All rights reserved. LiftFund and other local community organizations will help applicants navigate the application process and overcome technological or language barriers. Since the beginning of the pandemic in spring 2020, Harris County has provided micro and small businesses with $40 million in aid. Win Your Trip to Our 2023 iHeartRadio Music Awards! Applications will be accepted from Monday. .o]qWbW{~]yfg7%VYG.n0G:RMKl%W(~ $WuR#PVj$w%iB"q"-.~6(Oh5 }xZ(%N"Lzjn 1AG`". Your password must be at least 7 characters long. As a Certified Development Company (CDC), LiftFund administers the SBAs 504 loan program in Texas. 996 Grant Harris Rd. We want to thank Judge Wolff and the County Commissioners for bringing this program to life. Youre ready to grow and strengthen your business with a loan. Eligible small business owners may apply for financial support in the form of grants ranging from $5,000 to $25,000 to advance their recovery from the economic setbacks caused by the COVID-19 pandemic. The SBA created the 504 loan program to help entrepreneurs finance commercial real estate and equipment for their businesses. Get Hired! The grant funds will be awarded monthly beginning in November 2021 and through January 2022. Ebony Harris has a special way with children its a gift. If I have more than one business, how is the annual revenue amount calculated? All grants will be awarded by January 2022. If you need help with the Public File, call (713) 778-4745. } Please check spam and trash in case it was blocked. More information about the partner organizations can be found here. We provide loans and resources to budding and established business owners; our clients are minority, women, veteran, and startup and established business owners. 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. Both programs are set to start receiving applications in early January. The $30 million fund is a continuation of Harris County's financial support to small businesses reeling from these setbacks. The Barstool Fund. 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. <> stream PDF Harris County Small Business Relief Program How small businesses in Harris County can apply for relief funds <> We partner with the SBA and other lending institutions to provide small business capital solutions like startup loans, microloans and 504 loans in Houston. Plus, Carmen Contreras, Ashlee Young, DJ Mr. Rogers, Kiotti Brown and huge artists like Rihanna, Drake, Migos, Bryson Tiller, Beyonce and Future. Instead, in 2015, set her sights on opening a childcare center, where she could educate, support, and influence kids. 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. Grant applicants are only eligible to receive one . 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. Businesses use these loans to finance fixed asset acquisitions such as: Businesses 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. 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. 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. You can view the list of prohibited NAICS codes here. Search For Grant-Funded Services; Support Grant-Funded Services; Manage Current 2022-23 Funding. It is based on gross revenue. LiftFund supports thousands of small businesses through microloans, small business loans, and resources with dignity and respect. We can help. Our special programs, in collaboration with our generous partners, are designed to provide you access to flexible funding and special rates. Our special programs, in collaboration with our generous partners, are designed to provide you access to flexible funding and special rates. Tax-exempt businesses, hobby businesses, gambling businesses, residential builders, speculative real estate investors, government entities and sexually-oriented businesses are not eligible. The description of my page. Upon completion of the award agreement, funds will be deposited into your account within 7 business days. Policy News - March 2, 2023 - Association for Enterprise Opportunity LiftFund Inc. - Small Business Support - Texas Veterans Commission Amanda Cochran is an Edward R. Murrow award-winning journalist. PDF Apply starting Sept. 20 for $30 million Harris County small - LiftFund Please attached copies of your 2020 1099s in the application or submit a payroll report. You can submit a copy of your business lease agreement. 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. Will the application process accommodate business owners facing technological or language barriers? New relief funds available to help Harris County small businesses Houston, Texas Area. Harris County's $30M small-business relief fund applications open 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 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). You can view the list of prohibited NAICS codes here. Join our movement in leveling the financial playing field and breaking the cycle of poverty through entrepreneurship. If I am not eligible for this grant, are there any other resources for me? Please submit your grant questions using the form below and we'll reach out to you within 2 business days. 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. 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. LiftFund aims for greater impact via new bank partnerships - Houston Assisted in routine inspections, surveys, and complaint investigations. These local agencies will with the application process to help overcome technological or language barriers. With little/poor credit or financial history, getting a loan seems impossible. HomeMediaLiftFund Inc. Small Business Support, Nonprofit Organization based in the Alamo Region. The City of Houstons program, Harvey Economic Development Program (HEDP). . 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 you file an 1120-S, use Line 1. You can also attend one of our free upcoming seminars www.liftfund.com/events. 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. How will you verify my physical business address? Grant Funding For Veterans Services. | 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. Texas free grants and loans for minority and women owned businesses Funds must be used for business-related expenses, including payroll, working capital, business rent, inventory, supplies, equipment, and other operating costs. I used to have more employees in 2019 and/or 2020. According to LiftFund, a website with full details on eligibility requirements, necessary documents, and the program timeline will be available in late December. https://www.harriscountybusinessrelief.org/, Registered business operating in Harris County. mjk funeral home obituaries; san jose state university graduate programs deadlines Men umschalten. 'We owe it to them': Harris County Judge Lina Hidalgo - KPRC Harris County will distribute another $30 million in federal COVID-19 relief aid to help small businesses weather the pandemic. The SBA created the 504 loan program to help entrepreneurs finance commercial real estate and equipment for their businesses. The application window will open Monday, September 20 at 9:30AM and close Monday, October 4 at 5:30PM Central Standard Time. Small business applicants will be given priority if located in suburban and unincorporated areas. San Antonio-based community lender LiftFund was selected to administer the . 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 . 1090 Grant Harris Rd. LiftFund supports hard-working small business owners like you access money and resources you need to grow your business. Copyright 2023 Click2Houston.com is managed by Graham Digital and published by Graham Media Group, a division of Graham Holdings. Yes, as long as your business is registered with a DBA and you filed a ScheduleCin 2019 and 2020 for your business. If my business opened after April 2020, can I apply? The application review period will start on October 5, 2021 and continue through January 9, 2022. font-size:12pt; "LiftFund" to give 30 million dollars in Free Grant Money! Bexar County Small Business Relief Grant Program Applicants will need to be businesses registered in Harris County with: Applications for the program will run for two weeks beginning Sept. 20. .nf-form-content .nf-field-container #nf-field-321-wrap .nf-field-element li label { 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. 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. 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.

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