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The annual revenue amount will only be reviewed for the location listed on the application and not the total of all businesses owned by the applicant. Judge Lina Hidalgo held a press conference on Tuesday, August 10, 2021, to announce a proposal for a new $30 million relief fund to support micro and small businesses recovering from the economic . Most projects require a 50-40-10 split. A list of our partner agencies and their contact information can be found here. <>/Metadata 194 0 R/ViewerPreferences 195 0 R>> #DJSupastar Grant Eligibility Criteria. 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 Harris County Small Business Relief Fund will provide grants ranging from $5,000 to $25,000 to eligible micro and small . 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. Were here to help you strengthen your business. I use a PO Box on my business registration and/or my tax return. If I applied for a Harris County COVID-19 grant last year, do I have to re-apply? LiftFund provides small business loans for women & minority entrepreneurs andstartups in Houston, Texas. Harris County Commissioners and LiftFund have seen firsthand the alarming impact that the Yes, as long as your business is registered with a DBA and you filed a ScheduleCin 2019 and 2020 for your business. I used to have more employees in 2019 and/or 2020. The only thing standing between small business owners and success is often capital. Applications will be assessed and scored using the following methodology. 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. 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. SBA 7a Community Advantage & 504 loans. Business and financial training. The Harris County Small Business Relief Fund will provide grants ranging from $5,000 to $25,000 to eligible micro and small businesses. Thats especially true if youre a startup, in a risky business industry or both. Whether youre a startup or an established business owner, we know business loans are an important tool for your business. Grants will be awarded in three months beginning in November and continuing through January, 2022. Please refer to the Scope of Work for additional information. 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. Your password must be at least 7 characters long. x=ko#9r0m6~#c;Id/dY~d-q|f6e@-b]|K}9>>.N>]]7wb;#!\TnxC Source: LiftFund. No, number of employees will be calculated based on first quarter 2021. 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. The City of Houstons program, Harvey Economic Development Program (HEDP). 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. Advantages of the Micro and Small Business Loans Program. The grant funds will be awarded monthly beginning in November 2021 and through January 2022. As an entrepreneur with limited business education, Valorie lacked the traditional business acumen of many of her competitors. The application window will remain open until Monday, October . 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. . 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. 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. By Chris Mathews. 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. 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. You can submit a copy of your business lease agreement. 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 . We are committed to reviewing applications as quickly as possible. For some, entrepreneurship is the only source of income, and a pathway out of poverty. Startup loans. <> www.LiftFund.com; Application Review: June 22, 2020; Lottery: June 23, 2020; Awards: June 29, 2020-December . LiftFund is nonprofit community development financial institution with a 27-year track record of elevating underestimated and underserved communities across its 15-state footprint. 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. Register to connect with experts and members to discuss timely topics. 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. Create secure account. Applications will have up to 150 points based on the following five elements, each with a maximum of 30 points. Our clients are diverse, minority owned, women owned, veteran owned, and come from all walks of life. Full Bio. We can help you get the funding you need, even if youve been turned down before. 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. Prepare and GatherKnow your business goals and needs. LiftFund offers small business loans to entrepreneurs located in the following states: Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Missouri, Mississippi, New York, New Mexico, Oklahoma, South Carolina, Tennessee, and Texas. Get the latest COVID-19 guidance and information via our resources page. Thank you for your cooperation. By joining our movement, you say yes to financial inclusion and opportunity for all. Harris County to launch $30M small-business relief fund Sept. 20. It loans money to . We provide small business loans to underserved business owners, especially minority and women entrepreneurs, throughout the Southeast USA. 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. 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. You will have 2 days to sign and accept the grant. Can those be counted? 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. https://www.cclerk.hctx.net/PersonalRecords.aspx#ANInfo. Create a meaningful impact and drive change in Houston. Does LiftFund have experience serving the small business community? However, businesses and/or projects considered special purpose require an additional 10% from the owner. LiftFund, a nonprofit community development financial institution with a presence in Houston, is expanding its financial . Both programs are set to start receiving applications in early January. Application opens today for Free Grant Money for small business owners in Harris County! The Harris Small Business Relief Fund awards will not be made on a first-come, first-served basis. 2022-2023 Grantees Home; Submit Status Report; Update Contact Information; Submit Quarterly Outcomes Report; Apply For 2023-24 Funding. These local agencies will with the application process to help overcome technological or language barriers. Applications with the highest scores will be reviewed and approved first. Win Your Trip to Our 2023 iHeartRadio Music Awards! Below you will find more details about this program, including eligibility, funding methodology and timeframe. 820 Grant Harris Rd. LiftFund can help small business owners acquire real estate and equipment they need to grow their businesses. . <> Finding traditional business loans isnt easy. As an entrepreneur with limited business education, Valorie lacked the traditional business acumen of many of her competitors. font-size:12pt; "This place has amazing seafood, an extensive wine selection, and excellent service. } The first of three award rounds for the Harris County Small Business Relief program has started! $30 million fund is a continuation of Harris County's financial support to small businesses reeling from these setbacks. My business was registered and began operating in January March 2020. Austin, TX 78711-2277 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. With little/poor credit or financial history, getting a loan seems impossible. 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." No, businesses must submit both the 2019 and 2020 business tax returns to be considered,unless the business was registered and began operating in January March 2020, in which case the 2019 return is not required. Since the beginning of the pandemic in spring 2020, Harris County has provided micro and small businesses with $40 million in aid. Am I able to apply for this program and the City of Houston's Harvey Economic Development Program (HEDP)? For more information about LiftFund, visit www.LiftFund.com. Additionally, please uploadoneof the two options below to the application: The amount you are eligible for is based on the number of full time equivalent (FTE) employees you have. annual revenue of less than $500,000 in 2019 and 2020. We believe you deserve a path to success and were here to close the small business finance gap thousands of small businesses face daily. endobj Apply and SubmitReview the list of information you need to apply through LiftFund and make sure you have all necessary documentation. If I have 2 businesses, can I submit an application for each? No, revenue must be less than $500,000 in both 2019 and 2020. The application window will open Monday, September 20 at 9:30AM and close Monday, October 4 at 5:30PM Central Standard Time. We're here to support determined entrepreneurs like you with loans, tools and resources to grow your business. 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. As a sole proprietor, do I submit my full 1040 personal tax return or just my Schedule C? As long as the address on the utility bill matches the other documentation provided, that can serve as verification of business location. Texas Border Businesss. endobj Click the Apply Now button to the right to apply for a small business loan. 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. Will the application process accommodate business owners facing technological or language barriers? 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. SBA COVID-19 Relief Options. colonel frank o'sullivan interview; beverly hills high school football To learn more about industry prioritization, click here. 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 . Partner with LiftFund and connect your client to resources and capital so they begin a path to success. Can I still apply? Somewhat Likely . Yes. The business must be registered to be considered. The grant funds will be awarded monthly beginning in November 2021 and through January 2022. Eligible applications with the highest scores will be reviewed and awarded first, followed by applications with lower scores. HomeMediaLiftFund Inc. Small Business Support, Nonprofit Organization based in the Alamo Region. The Harris County Small Business Relief Fund will provide grants ranging from $5,000 to $25,000 to eligible micro and small businesses. But when other lenders are telling you no, LiftFund wants to say yes. 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. .nf-form-content .nf-field-container #nf-field-315-wrap { Learn more about our special funding options and apply today! Somewhat Unlikely . All grants will be awarded by January 2022. 2 0 obj . The SBA created the 504 loan program to help entrepreneurs finance commercial real estate and equipment for their businesses. Latino, Hispanic, Black, veteran and disadvantaged businesses can get free grants or low cost loans. Please check spam and trash in case it was blocked. 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%. County Judge Lina Hidalgo this week announced plans for a $30 million relief fund aimed at supporting micro and small businesses. } The fund will use money earmarked for Harris County recovery from the American Rescue Plan Act. To qualify for the Small Business Relief Fund, micro and small business applicants must: Be located within Harris County Harris County will distribute another $30 million in federal COVID-19 relief aid to help small businesses weather the pandemic. How many businesses will be assisted through this program? Registered business operating in Harris County. This is an effort to reach businesses that may have been underserved by previous relief programs. Small business applicants will be given priority if located in suburban and unincorporated areas. Be prepared to share this information during the application process. Our special programs, in collaboration with our generous partners, are designed to provide you access to flexible funding and special rates. 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. We know you and your business need support during this time. She thought about pursuing a career as a pediatric nurse, but that didnt appeal to her entrepreneurial spirit. Since 1994, LiftFund has provided over $409 million in opportunity funding and business education to small business owners and aspiring entrepreneurs. We know entrepreneurs, no matter their life story, are dedicated to improving their lives and their familys well being. Thursday, September 23 at 12:00 pm. All applicants will be notified of their application result by January 31, 2022. Bexar County is requesting bids for the installation of Bullet Resistance Glass around the radius of the counter located in the Human Resources Department. If you need help with the Public File, call (713) 778-4745. Yes, businesses are eligible to apply and the amount of previously received funding will be factored into calculation of grant score. , provides support to impacted small businesses and communities through small business loans and grants. 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. 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. 1070 Grant Harris Rd. by Grace Rodriguez | Sep 7, 2021 | Front Page, Houston News, Latest News | 0 comments. Can I apply? Very Likely . To learn more about industry prioritization, click here. Services include Small Business Support. 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. Advantages of the SBA 7(a) Community Advantage Loans Program. To qualify, applicants must show that they were negatively affected by the COVID pandemic. 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. May 2010 - Aug 20104 months. 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. We are proud to partner with local community organizations collaborating as partners. Our goal is to make sure we provide capital that meets goals and budget. We want to thank Judge Wolff and the County Commissioners for bringing this program to life. LiftFund has deep roots in Harris County and is a champion for our small business community. You can view the list of prohibited NAICS codes here. How will you verify my physical business address? 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. Is the $500,000 annual revenue limit based on gross or net revenue? LiftFund supports hard-working small business owners like you access money and resources you need to grow your business. On August 10, Harris County approved the $30 million relief fund to support small and micro businesses recovering from the effects of the pandemic. Terms: 7-10 year term; 25 year term for real estate; Prime + (2.75% to 6%); Variable rate (based on Wall Street). You may still submit the home utility bill. We cant do this work alone, thats where you can come in. Is this program different from the City of Houston's grant program? If you file an 1120-S, use Line 1. /* FORM STYLES */ We provide loans and resources to budding and established business owners; our clients are minority, women, veteran, and startup and established business owners. If selected, do I have to pay the grant back? Know your business goals and needs. 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.. /* FIELDS STYLES */ Policy News - March 2, 2023. I have not yet filed my 2020 tax return. Depending on how you spend your funds, you may add new tax deductions that help lower your income tax liability. Ebony Harris has a special way with children its a gift. Learn more about becoming a LiftFund supporter. How Small business loans in Houston, TX up to. mjk funeral home obituaries; san jose state university graduate programs deadlines Men umschalten. 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. 1090 Grant Harris Rd. %PDF-1.7 Find San Marcos, TX residential property records including property owners, sales & transfer history, deeds & titles, property taxes, valuations . GoFundMe.org : Small Business Relief Fund. Strona gwna / Uncategorized / liftfund requirements Sign up for our email newsletter to receive important updates regarding Texas veterans and TVC. LiftFund supports hard-working small business owners access money and resources they need to grow their business. Get resources to help you manage COVID-19 in your workplace. More about these services:www.liftfund.com . <>/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>> You will need to submit your 2020 tax return. Since the beginning of the pandemic in spring 2020, Harris County has provided micro and small businesses with $40 million in aid. Partners include bankers, small business owners, referral partners and expert consultants, and more. LiftFund tiene races profundas en el condado Harris y es un defensor de nuestra comunidad. The $20 million fund will create two different programs, one $10 million program for small businesses and a separate $10 million program for nonprofits. stream Below you will find more details about this program, including eligibility, funding methodology and timeframe. Applications will be accepted from Monday. You can view the list of prohibited NAICS codes here. Take the next step to learn about our membership. 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. She thought about pursuing a career as a pediatric nurse, but that didnt appeal to her entrepreneurial spirit. East Harris County Empowerment Council (281) 712-2550 Spring Klein Chamber of Commerce (281) 257-9559. HOUSTON, Texas (KIAH) Some business owners in Harris County can now apply for the new $30 million small business relief fund. SSBCI was established in 2010 and then recently . 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. Do Not Sell or Share My Personal Information. 3 0 obj We provide loans and resources to budding and established business owners. 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. Business Development Officer, VP - Dallas (Large Loans) Category. Were a local nonprofit organization that makes capital more accessible to help small business owners create wealth for themselves, their families, and their communities. Applications open today, September 20, 2021 with LiftFund to give women minority small business owners grants! Accepted highly visible role to restructure and realign senior program that provided 1,600 meals daily (900 home . Funds from the $30 million fund will be distributed by LiftFund. Register Email More information about the partner organizations can be found, You will receive a confirmation email from. 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. 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. | Fort Bend Economic Development Council. You will be asked to submit a current business utility bill as part of the application. 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 requirements. These local agencies will with the application process to help overcome technological or language barriers. Then, gather and review your financials and credit history. .nf-form-content .nf-field-container #nf-field-321-wrap .nf-field-label label { Assistant Director Senior Programs. 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 2010 - Jun 20122 years. 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. 2020 at 5:00 PM CST. 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? Many grants specifically for veterans are non-taxable. Why Houston? Your DecisionWell assess your application and documents to make a decision. Through the program, small businesses and nonprofits can apply for $10,000 -$50,000 in direct relief grants. Extremely Unlikely . 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 . Yes, the Harris County Small Business Relief program is designed to support micro and small businesses impacted by COVID-19. The Harris County Small Business Relief Fund will provide grants ranging from $5,000 to $25,000 to eligible micro and small businesses. Learn more about becoming a LiftFund partner. 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. 920 Grant Harris Rd. No, you may only submit one application for one business. How. County Judge Lina Hidalgo this week announced plans for a $30 million relief fund aimed at supporting micro and small businesses. 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). .o]qWbW{~]yfg7%VYG.n0G:RMKl%W(~ $WuR#PVj$w%iB"q"-.~6(Oh5 }xZ(%N"Lzjn 1AG`". The Harris Small Business Relief Fund awards will not be made on a first-come, first-served basis. We are proud to partner with local community organizations collaborating as partners. Business utility bill (water, gas, electric) Home based businesses may provide a home utility bill. Applications will have up to 150 points based on the following five elements, each with a maximum of 30 points. The fund will use money earmarked for Harris County recovery from the American Rescue Plan Act. You can view the list of prohibited NAICS codes here. We expect around 2,000 micro and small businesses to be assisted. 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. Instead, in 2015, set her sights on opening a childcare center, where she could educate, support, and influence kids. 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.
