Tax-exempt businesses, hobby businesses, gambling businesses, residential builders, speculative real estate investors, government entities and sexually-oriented businesses are not eligible. Thank you. Business utility bill (water, gas, electric) Home based businesses may provide a home utility bill. LiftFund is nonprofit community development financial institution with a 27-year track record of elevating underestimated and underserved communities across its 15-state footprint. Funds must be used for business-related expenses, including payroll, working capital, business rent, inventory, supplies, equipment, and other operating costs. We know entrepreneurs, no matter their life story, are dedicated to improving their lives and their familys well being. For more information about LiftFund, visit www.LiftFund.com. SBA 7a Community Advantage & 504 loans. If I applied for a Harris County COVID-19 grant last year, do I have to re-apply? No, your business must be physically located in the county. Partners include bankers, small business owners, referral partners and expert consultants, and more. 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. She thought about pursuing a career as a pediatric nurse, but that didnt appeal to her entrepreneurial spirit. Applications will be accepted from Monday. For more information, or to get information for the Harris County Business Relief program in Spanish or Vietnamese, please visit https://www.harriscountybusinessrelief.org/, 2023 Impact Hub Houston - houston.impacthub.net - 1801 Main St, 10th Floor, Houston TX 77002 - #HOUimpact, Harris County has created a new $30 Million Small Business Relief Fund. I dont receive a business utility bill. I have not yet filed my 2020 tax return. Business utility bill (water, gas, electric) Home based businesses may provide a home utility bill. 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. For some, entrepreneurship is the only source of income, and a pathway out of poverty. Policy News - March 2, 2023. The fund will use money earmarked for Harris County recovery from the American Rescue Plan Act. All applicants will be notified of their application result by January 31, 2022. The Fort Bend County Commissioners Court has approved a small business emergency grant program to assist businesses impacted by Covid-19. } Small business applicants will be given priority if located in suburban and unincorporated areas. East Harris County Empowerment Council (281) 712-2550 Spring Klein Chamber of Commerce (281) 257-9559. My business is home based and all of my utilities are in someone elses name. Once I submit my application, can I confirm LiftFund received it? Then, gather and review your financials and credit history. Location Many grants specifically for veterans are non-taxable. Youre ready to grow and strengthen your business with a loan. Harris County Judge Lina Hidalgo will announce the start of the Harris County Small Business Relief Fund Application period on Monday. Yes, businesses are eligible to apply and the amount of previously received funding will be factored into calculation of grant score. Then, gather and review your financials and credit history. Application opens today for Free Grant Money for small business owners in Harris County! How Small business loans in Houston, TX up to. 2010 - Jun 20122 years. Commissioners Court unanimously approved a plan to award up to 2,000 . Apply Home; RFA Questions & Answers; New TVC Grants Portal For 2023-24 . 3 0 obj This is an effort to reach businesses that may have been underserved by previous relief programs. 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. I use a PO Box on my business registration and/or my tax return. Please attached copies of your 2020 1099s in the application or submit a payroll report. endobj Instead, in 2015, set her sights on opening a childcare center, where she could educate, support, and influence kids. Copyright 2023 Click2Houston.com is managed by Graham Digital and published by Graham Media Group, a division of Graham Holdings. Know your business goals and needs. Eligible applications with the highest scores will be reviewed and awarded first, followed by applications with lower scores. Government grant funds used for paying certain utilities or the mortgage for your business may also be non-taxable. Nov 14 2022 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. https://www.harriscountybusinessrelief.org/, Registered business operating in Harris County. Business Development Officer, VP - Dallas (Large Loans) Category. Extremely Unlikely . Additional funds were approved April 27, 2021 to provide financial assistance to the small business community. 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. As a Certified Development Company (CDC), LiftFund administers the SBA's 504 loan program in Texas. Applications will be assessed and scored using the following methodology. By joining our movement, you say yes to financial inclusion and opportunity for all. . Prepared technical reports regarding emissions and environmental . For more information about LiftFund, visit www.LiftFund.com. We believe you deserve a path to success and we're here to close the small business finance . Join our movement to build a stronger economy. To learn more about industry prioritization, click here. Harris County Commissioners and LiftFund have seen firsthand the alarming impact that the Your password must be at least 7 characters long. The fund was created with funding from the American Rescue Plan Act and is being administered on behalf of Harris County by LiftFund, a nonprofit community development financial institution. 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. Find small business grants or loans in Texas that help minorities and women owned businesses. 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. Business and financial training. Strona gwna / Uncategorized / liftfund requirements To qualify for the Small Business Relief Fund, micro and small business applicants must: Be located within Harris County Does LiftFund have experience serving the small business community? But when other lenders are telling you no, LiftFund wants to say yes. #nf-form-28-cont .nf-row { We provide small business loans to underserved business owners, especially minority and women entrepreneurs, throughout the Southeast USA. We know you and your business need support during this time. We partner with the SBA and other lending institutions to provide small business capital solutions like startup loans, microloans and 504 loans in Houston. The City of Houstons program, Harvey Economic Development Program (HEDP). If your business was registered and began operating in January March 2020, you do not need to provide a 2019 tax return. Registration Available Mon, May 17 2021 to Wed, Jun 30 2021. Administered by local nonprofit small business advocate, LiftFund, the program was designed to assist local businesses and nonprofits recover and grow after the challenges of the pandemic. For over twenty five years, weve provided millions of dollars in loans to help deserving entrepreneurs grow their businesses and achieve their dreams. How will you verify my physical business address? Bexar County approved funding for the program earlier this year after collaborating with LiftFund and the San Antonio Hispanic Chamber of Commerce (SAHCC). We are thrilled to provide access to insightful case studies and reports, as well as host events such as our Learning Days and funder . 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.. Is negative impact on operations due to the pandemic based on gross or net revenue? stream We're here to support determined entrepreneurs like you with loans, tools and resources to grow your business. To learn more about industry prioritization, click here. LiftFund, a nonprofit community development financial institution with a presence in Houston, is expanding its financial . Harris County Small Business Relief Program Powered By: Welcome to the Harris County Small Business Relief program application portal. Instead, in 2015, set her sights on opening a childcare center, where she could educate, support, and influence kids. .o]qWbW{~]yfg7%VYG.n0G:RMKl%W(~ $WuR#PVj$w%iB"q"-.~6(Oh5 }xZ(%N"Lzjn 1AG`". The grant application will require verification of pertinent documentation. 996 Grant Harris Rd. Applications will be assessed and scored using the following methodology. 4 0 obj If youve been unable to obtain small business financing through traditional means, LiftFund is here to help. For more information about LiftFund, visit. I used to have more employees in 2019 and/or 2020. Both programs are set to start receiving applications in early January. Find San Marcos, TX residential property records including property owners, sales & transfer history, deeds & titles, property taxes, valuations . All grants will be awarded by January 2022. As a sole proprietor, I am not required by the county or state to file a DBA. We provide loan solutions that include SBA micro-loans, SBA 504 Loans and the SBA Community Advantage. She specializes in Texas features, consumer and business news and local crime coverage. Register Email Startup loans. 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. If I have questions, how do I contact LiftFund? City of San Antonio & LiftFund to Offer Additional Grant Assistance to Small Business Owners. Below you will find more details about this program, including eligibility, funding methodology and timeframe. Please check spam and trash in case it was blocked. by Grace Rodriguez | Sep 7, 2021 | Front Page, Houston News, Latest News | 0 comments. All grants will be awarded by January 2022. . Yes, we will calculate the number of full time equivalent (FTE) employees, including 1099 workers. LiftFund and other local community organizations will help applicants navigate the application process and overcome technological or language barriers. We provide loans and resources to budding and established business owners; our clients are minority, women, veteran, and startup and established business owners. Plus, Carmen Contreras, Ashlee Young, DJ Mr. Rogers, Kiotti Brown and huge artists like Rihanna, Drake, Migos, Bryson Tiller, Beyonce and Future. 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. You can view the list of prohibited NAICS codes here. A list of our partner agencies and their contact information can be found, Yes. SOAR Fund - The Southern Opportunity And Resilience Fund. You will need to submit your 2020 tax return. 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. 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 . LiftFund provides small business loans for women & minority entrepreneurs andstartups in Houston, Texas. liftfund requirements. Aug. 10 a partnership with LiftFund, an independent nonprofit . No, revenue must be less than $500,000 in both 2019 and 2020. We will be hosting virtual info sessions to provide an overview of this grant program. By Chris Mathews. The SBA created the 504 loan program to help entrepreneurs finance commercial real estate and equipment for their businesses. The grant application will require verification of pertinent documentation. endobj Through the program, small businesses and nonprofits can apply for $10,000 -$50,000 in direct relief grants. The Small Business Relief Fund was created with funding from the American Rescue Plan Act (ARPA) and is being administered by LiftFund, a nonprofit organization that supports small business owners . We can help. Austin, TX 78711-2277 Full Bio. Mar 01 2023: Filed Mar 01 2023: HB 178 (88th Legislature (2023)) Relating to testing possible controlled substance evidence for fentanyl. As long as the address on the utility bill matches the other documentation provided, that can serve as verification of business location. We provide loans and resources to budding and established business owners. 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? Amanda Cochran, Digital Special Projects Manager. Advantages of the SBA 7(a) Community Advantage Loans Program. She thought about pursuing a career as a pediatric nurse, but that didnt appeal to her entrepreneurial spirit. 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. 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. Grant applicants are only eligible to receive one . 1090 Grant Harris Rd. You can view the list of prohibited NAICS codes here. The SBA created the 504 loan program to help entrepreneurs finance commercial real estate and equipment for their businesses. Join our movement in leveling the financial playing field and breaking the cycle of poverty through entrepreneurship. The county has approved a $30 million relief fund to support small businesses recovering from the COVID-19 pandemic. 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. How to do I prove how many employees I have if I hire 1099 contractors? 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 . We are proud to partner with local community organizations collaborating as partners. 2020 at 5:00 PM CST. Harris County Commissioners and LiftFund have seen firsthand the alarming impact that . 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. 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. Apply Online:www.liftfund.com/tvcdigital, Texas Veterans Commission How can I prove my address? Applications will have up to 150 points based on the following five elements, each with a maximum of 30 points. Applications with the highest scores will be reviewed and approved first. Were a local nonprofit organization that makes capital more accessible to help small business owners create wealth for themselves, their families, and their communities. 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. Were LiftFund. Win Your Trip to Our 2023 iHeartRadio Music Awards! 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 . San Antonio-based community lender LiftFund was selected to administer the . Why Houston? Harris County Commissioners approved the program on August 10 and businesses will be able to apply starting September 20 via a new website that will be linked from the county site. May 2010 - Aug 20104 months. 1070 Grant Harris Rd. } annual revenue of less than $500,000 in 2019 and 2020. colonel frank o'sullivan interview; beverly hills high school football A website with additional information for applicants is slated to go live on Aug. 20, Hidalgo said. Then, apply and submit all of your documents. The fund was approved to support small and micro businesses who have . 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. Box 12277 If your business is in a low- to moderate-income community that LiftFund serves, you may qualify for a special SBA loan. <>/Metadata 194 0 R/ViewerPreferences 195 0 R>> The $30 million grant program will disburse awards of between $5,000 and $25,000 to up to 2,000 Harris County businesses. Notice: JavaScript is required for this content. Click here to view a pdf copy of the application. Bexar County is requesting bids for the installation of Bullet Resistance Glass around the radius of the counter located in the Human Resources Department. Be prepared to share this information during the application process. Apply now and a team member will review your information and documents to find a LiftFund product that fits your business goals and budget. - Reporter, Houston Business Journal. Yes. } 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 .
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