Partner with LiftFund and connect your client to resources and capital so they begin a path to success. Ebony Harris has a special way with children its a gift. This is an effort to reach businesses that may have been underserved by previous relief programs. 1368 75 1 EUWJB-75 75 DIY 1 EUWJB-75 To be eligible, you must meet the following criteria: Businesses that dont meet the above criteria, but fulfill certain other guidelines, may also qualify: Apply Now for an SBA 7(a) Community Advantage loan. There are also some exceptions. Apply now and a team member will review your information and documents to find a LiftFund product that fits your business goals and budget. You will receive a confirmation email from noreply@bmisw.com. Do Not Sell or Share My Personal Information. 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. Business utility bill (water, gas, electric) Home based businesses may provide a home utility bill. #nf-form-28-cont .nf-form-title h3 { 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? For more information about LiftFund, visit, LiftFund has deep roots in Harris County and is a champion for our small business community. liftfund requirements. If your business was registered and began operating in January March 2020, you do not need to provide a 2019 tax return. Source: LiftFund. We will be hosting virtual info sessions to provide an overview of this grant program. Finding traditional business loans isnt easy. We're here to support determined entrepreneurs like you with loans, tools and resources to grow your business. For over twenty five years, weve provided millions of dollars in loans to help deserving entrepreneurs grow their businesses and achieve their dreams. County Judge Lina Hidalgo this week announced plans for a $30 million relief fund aimed at supporting micro and small businesses. 2010 - Jun 20122 years. Depending on how you spend your funds, you may add new tax deductions that help lower your income tax liability. 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. } 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. Pricey, but great for a date. The grant application will require verification of pertinent documentation. Your DecisionWell assess your application and documents to make a decision. Is the $500,000 annual revenue limit based on gross or net revenue? Were a partner with SBA and the program funds startups and existing businesses, startup costs, operating expenses, business acquisition, refinancing business debt, tenant improvements, working capital, equipment purchases and more. Get resources to help you manage COVID-19 in your workplace. The Harris Small Business Relief Fund awards will not be made on a first-come, first-served basis. How will you verify my physical business address? /* FIELDS STYLES */ Bexar County is requesting bids for the installation of Bullet Resistance Glass around the radius of the counter located in the Human Resources Department. Get updates, toolkits and timely information about the virus and its economic impact. 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. Location If I have more than one business, how is the annual revenue amount calculated? If I have questions, how do I contact LiftFund? The county has approved a $30 million relief fund to support small businesses recovering from the COVID-19 pandemic. Search For Grant-Funded Services; Support Grant-Funded Services; Manage Current 2022-23 Funding. You may still submit the home utility bill. 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. Accepted highly visible role to restructure and realign senior program that provided 1,600 meals daily (900 home . 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. By Chris Mathews. 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. Create secure account. The Harris County Small Business Relief Fund will provide grants ranging from $5,000 to $25,000 to eligible micro and small businesses. <>
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 . Grant Funding For Veterans Services. No, revenue must be less than $500,000 in both 2019 and 2020. 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. 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. These local agencies will with the application process to help overcome technological or language barriers. Amanda Cochran, Digital Special Projects Manager. #DJSupastar If my revenue was less than $500,000 in either 2019 or 2020 but greater than $500,000 in the other year, am I eligible? Applications will have up to 150 points based on the following five elements, each with a maximum of 30 points. You will have 2 days to sign and accept the grant. 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. 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. 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. Somewhat Likely . Austin, TX 78711-2277 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 will have up to 150 points based on the following five elements, each with a maximum of 30 points. Application opens today for Free Grant Money for small business owners in Harris County! 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. endobj
Is this program different from the City of Houston's grant program? Nov 8, 2020. Yes, the Harris County Small Business Relief program is designed to support micro and small businesses impacted by COVID-19. www.LiftFund.com; Application Review: June 22, 2020; Lottery: June 23, 2020; Awards: June 29, 2020-December . Win Your Trip to Our 2023 iHeartRadio Music Awards! Partners include bankers, small business owners, referral partners and expert consultants, and more. The fund was approved to support small and micro businesses who have . 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. 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. No, number of employees will be calculated based on first quarter 2021. HOUSTON, Texas (KIAH) Some business owners in Harris County can now apply for the new $30 million small business relief fund. 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. 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. As a Certified Development Company (CDC), LiftFund administers the SBAs 504 loan program in Texas. The fund will use money earmarked for Harris County recovery from the American Rescue Plan Act. LiftFund will administer the grants, and all completed applications will be reviewed for basic eligibility. Register to connect with experts and members to discuss timely topics. Both programs are set to start receiving applications in early January. I use a PO Box on my business registration and/or my tax return. info@tvc.texas.gov. As an entrepreneur with limited business education, Valorie lacked the traditional business acumen of many of her competitors. Grant Awards & Limitations. Our special programs, in collaboration with our generous partners, are designed to provide you access to flexible funding and special rates. Thats especially true if youre a startup, in a risky business industry or both. 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. colonel frank o'sullivan interview; beverly hills high school football The $30 million grant program will disburse awards of between $5,000 and $25,000 to up to 2,000 Harris County businesses. We provide loans and resources to budding and established business owners. LiftFund is proud to serve the small businesses and nonprofits that are the heart of this county, says Ms. Barrera. Applications will be accepted from Monday. Learn more about our special funding options and apply today! Applications with the highest scores will be reviewed and approved first. 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. 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." Applicants selected to receive a grant will receive an award agreement through Docusign. . Terms: 7-10 year term; 25 year term for real estate; Prime + (2.75% to 6%); Variable rate (based on Wall Street). All grants will be awarded by January 2022. Houston's Harris County brought the most business owners to LiftFund by far, with 230 applications totaling more than $22 million in "pre-approved" loan amounts, which are based . Applicants will need to be businesses registered in Harris County with: Applications for the program will run for two weeks beginning Sept. 20. According to LiftFund, a website with full details on eligibility requirements, necessary documents, and the program timeline will be available in late December. adam carlyle taylor accident. Most projects require a 50-40-10 split. 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.. We know entrepreneurs, no matter their life story, are dedicated to improving their lives and their familys well being. 1 0 obj
. Somewhat Unlikely . #nf-form-28-cont .nf-row { All applicants will be notified of their application result by January 31, 2022. Register here. Tax-exempt businesses, hobby businesses, gambling businesses, residential builders, speculative real estate investors, government entities and sexually-oriented businesses are not eligible. 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. 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 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. The Texas nonprofit LiftFund will administer the distribution of funds to applying organizations based on a transparent . Extremely Unlikely . Grants will range from $5,000 to $25,000. font-size:12px; As a sole proprietor, do I submit my full 1040 personal tax return or just my Schedule C? If your business is in a low- to moderate-income community that LiftFund serves, you may qualify for a special SBA loan.
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