If you file an 1120-S, use Line 1. 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.. Applications with the highest scores will be reviewed and approved first. These local agencies will with the application process to help overcome technological or language barriers. 920 Grant Harris Rd. Both programs are set to start receiving applications in early January. The first of three award rounds for the Harris County Small Business Relief program has started! You will receive a confirmation email from noreply@bmisw.com. Eligible small businesses applying or receiving support from other City or County program are able to apply for this program. 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. Please select services and we will contact you. The grant application will require verification of pertinent documentation. Grant Funding For Veterans Services. For more information about LiftFund, visit www.LiftFund.com. 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. stream The business must be registered to be considered. Business and financial training. 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 application process is not first-come, first-served; all completed applications will be reviewed for eligibility and prioritized based on small business impact parameters. The Texas nonprofit LiftFund will administer the distribution of funds to applying organizations based on a transparent . The application review period will start on October 5, 2021 and continue through January 9, 2022. 2022-2023 Grantees Home; Submit Status Report; Update Contact Information; Submit Quarterly Outcomes Report; Apply For 2023-24 Funding. As a Certified Development Company (CDC), LiftFund administers the SBAs 504 loan program in Texas. . Please check spam and trash in case it was blocked. 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. How LiftFund supports thousands of small businesses through microloans, small business loans, and resources with dignity and respect. 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? 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. 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. font-size:12pt; Pricey, but great for a date. .nf-form-content .nf-field-container #nf-field-315-wrap { Many grants specifically for veterans are non-taxable. Click here for more about theHarvey Economic Development Program (HEDP). I use a PO Box on my business registration and/or my tax return. 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. The Harris Small Business Relief Fund awards will not be made on a first-come, first-served basis. Advantages of the SBA 7(a) Community Advantage Loans Program. . 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 . 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 . More information about the partner organizations can be found, You will receive a confirmation email from. Small business applicants will be given priority if located in suburban and unincorporated areas. More information about the partner organizations can be found here. 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. Government grant funds used for paying certain utilities or the mortgage for your business may also be non-taxable. Services include Small Business Support. My business was registered and began operating in January March 2020. If my business is located outside of Harris County but I serve customers within the county, can I apply? SBA COVID-19 Relief Options. Grant Awards & Limitations. Location Can a third party, such as a CPA, submit an application on behalf of a business owner? LiftFund supports thousands of small businesses through microloans, small business loans, and resources with dignity and respect. She specializes in Texas features, consumer and business news and local crime coverage. All applicants will be notified of their application result by January 31, 2022. 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. But when other lenders are telling you no, LiftFund wants to say yes. To learn more about industry prioritization, click here. For more information about LiftFund, visit. Corpus Christi, Texas Area. HOUSTON, Texas (KIAH) Some business owners in Harris County can now apply for the new $30 million small business relief fund. All grants will be awarded by January 2022. Get Hired! Businesses must not have any outstanding tax liabilities. Yes, for financial assistance, please visit www.liftfund.com/loan-offerings. Since the beginning of the pandemic in spring 2020, Harris County has provided micro and small businesses with $40 million in aid. You are welcome to get assistance in completing the application from a third party, however, the business owner should submit their own application and the contact info listed should be for the owner. Join our movement in leveling the financial playing field and breaking the cycle of poverty through entrepreneurship. Were here to help you strengthen your business. The Harris Small Business Relief Fund awards will not be made on a first-come, first-served basis. liftfund requirements. Instead, in 2015, set her sights on opening a childcare center, where she could educate, support, and influence kids. Please refer to the Scope of Work for additional information. /* FORM STYLES */ A list of our partner agencies and their contact information can be found, Yes. Business utility bill (water, gas, electric) Home based businesses may provide a home utility bill. P.O. mjk funeral home obituaries; san jose state university graduate programs deadlines Men umschalten. No, you may only submit one application for one business. Applications will have up to 150 points based on the following five elements, each with a maximum of 30 points. May 2010 - Aug 20104 months. 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. . LiftFund tiene races profundas en el condado Harris y es un defensor de nuestra comunidad. 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. 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. LiftFund provides small business loans for women & minority entrepreneurs and startups in Houston, Texas. by Grace Rodriguez | Sep 7, 2021 | Front Page, Houston News, Latest News | 0 comments. As an entrepreneur with limited business education, Valorie lacked the traditional business acumen of many of her competitors. 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. Thank you for your cooperation. Running a small business is a huge challenge, even during the good times, Hidalgo said in announcing the fund. According to LiftFund, a website with full details on eligibility requirements, necessary documents, and the program timeline will be available in late December. You can view the list of prohibited NAICS codes here. LiftFund is nonprofit community development financial institution with a 27-year track record of elevating underestimated and underserved communities across its 15-state footprint. Get resources to help you manage COVID-19 in your workplace. Notice: JavaScript is required for this content. Were here to help you strengthen your business. } 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. #nf-form-28-cont .nf-row { The application process for the $30 million Harris County Small Business Relief Fund is now open. 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. Latino, Hispanic, Black, veteran and disadvantaged businesses can get free grants or low cost loans. Learn more about our special funding options and apply today! 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. Fort Bend Small Business Grant. LiftFund can help small business owners acquire real estate and equipment they need to grow their businesses. We believe you deserve a path to success and were here to close the small business finance gap thousands of small businesses face daily. Like in many communities, the aftermath of the pandemic continues to be felt by Bexar County. Harris County to launch $30M small-business relief fund Sept. 20. The Barstool Fund. We provide loans and resources to budding and established business owners. We expect around 2,000 micro and small businesses to be assisted. 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? Yes. You may still submit the home utility bill. By: Danica Lloyd - Community Impact. 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. 2010 - Jun 20122 years. The application window for Harris County's new $30 million Small Business Relief Fund opened Sept. 20 and will close Oct. 4 at 5:30 p.m. Below you will find more details about this program, including eligibility, funding methodology and timeframe. 996 Grant Harris Rd. Please check spam and trash in case it was blocked. I used to have more employees in 2019 and/or 2020. SOAR Fund - The Southern Opportunity And Resilience Fund. Is the $500,000 annual revenue limit based on gross or net revenue? 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. 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. 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%. Applications must be done online. The grant funds will be awarded monthly beginning in November 2021 and through January 2022. You can submit a copy of your business lease agreement. Here is the eligibility criteria, according to a news release from Hidalgos office: Copyright 2021 by KPRC Click2Houston - All rights reserved. The $20 million fund will create two different programs, one $10 million program for small businesses and a separate $10 million program for nonprofits. We cant do this work alone, thats where you can come in. TikTok & Hispanic Heritage Foundation. We want to thank Judge Wolff and the County Commissioners for bringing this program to life. Yes, we will calculate the number of full time equivalent (FTE) employees, including 1099 workers. info@tvc.texas.gov. 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. City of San Antonio & LiftFund to Offer Additional Grant Assistance to Small Business Owners. We are proud to partner with local community organizations collaborating as partners. LiftFund and other local community organizations will help applicants navigate the application process and overcome technological or language barriers. The $20 million fund will create two different programs, one $10 million program for small businesses and a separate $10 million program for nonprofits. Learn more about becoming a LiftFund partner. The Harris County Small Business Relief Fund will provide grants ranging from $5,000 to $25,000 to eligible micro and small businesses. East Harris County Empowerment Council (281) 712-2550 Spring Klein Chamber of Commerce (281) 257-9559. If I received Harris County assistance last year, am I eligible to apply for the grant? We know entrepreneurs, no matter their life story, are dedicated to improving their lives and their familys well being. .o]qWbW{~]yfg7%VYG.n0G:RMKl%W(~ $WuR#PVj$w%iB"q"-.~6(Oh5 }xZ(%N"Lzjn 1AG`". However, businesses and/or projects considered special purpose require an additional 5% from the owner. If your business was registered and began operating in January March 2020, you do not need to provide a 2019 tax return. We know you and your business need support during this time. Applicants who are not selected for funding will receive a notification email by January 31st, 2022. Harris County approved a similar small business relief fund last year using federal funding from the CARES Act. Yes, for financial assistance, please visit, . 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. 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 application process is not first-come, first-served; all completed applications will be reviewed for eligibility and prioritized based on small business impact parameters. Grants will range from $5,000 to $25,000. As an entrepreneur with limited business education, Valorie lacked the traditional business acumen of many of her competitors. By applying, we can find the right product to help you meet your business and financial needs. #DJSupastar Application opens today for Free Grant Money for small business owners in Harris County! annual revenue of less than $500,000 in 2019 and 2020. The $30 million grant program will disburse awards of between $5,000 and $25,000 to up to 2,000 Harris County businesses. font-size:12px; Very Likely . How to do I prove how many employees I have if I hire 1099 contractors? Full Bio. endobj Is this program different from the City of Houston's grant program? County Judge Lina Hidalgo this week announced plans for a $30 million relief fund aimed at supporting micro and small businesses. If you file an 1120, use Line 1a. If youve been unable to obtain small business financing through traditional means, LiftFund is here to help. Harris County Commissioners and LiftFund have seen firsthand the alarming impact that the A list of our partner agencies and their contact information can be found here. County Judge Lina Hidalgo this week announced plans for a $30 million relief fund aimed at supporting micro and small businesses. 1070 Grant Harris Rd. Since the beginning of the pandemic in spring 2020, Harris County has provided micro and small businesses with $40 million in aid. 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. Extremely Unlikely . No, your business must be physically located in the county. $30 million fund is a continuation of Harris County's financial support to small businesses reeling from these setbacks. 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. Registration Available Mon, May 17 2021 to Wed, Jun 30 2021. Don't forget to end the meal with bananas foster or godiva chocolate cake." If I received a PPP or EIDL loan can my business still qualify for the program? Find San Marcos, TX residential property records including property owners, sales & transfer history, deeds & titles, property taxes, valuations . 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. LiftFund has deep roots in Harris County and is a champion for our small business community. Search For Grant-Funded Services; Support Grant-Funded Services; Manage Current 2022-23 Funding. Yes, the Harris County Small Business Relief program is designed to support micro and small businesses impacted by COVID-19. Funds from the $30 million fund will be distributed by LiftFund. } KKR Small Business Builders. Advantages of the Micro and Small Business Loans Program. Your password must be at least 7 characters long. Yes, as long as your business is registered with a DBA and you filed a ScheduleCin 2019 and 2020 for your business. We will contact you by phone or email if additional documentation or clarification is needed. Register to connect with experts and members to discuss timely topics. 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. Is negative impact on operations due to the pandemic based on gross or net revenue? Thats especially true if youre a startup, in a risky business industry or both. Amanda Cochran is an Edward R. Murrow award-winning journalist. Know your business goals and needs. } The application window will open Monday, September 20 at 9:30AM and close Monday, October 4 at 5:30PM Central Standard Time. x=ko#9r0m6~#c;Id/dY~d-q|f6e@-b]|K}9>>.N>]]7wb;#!\TnxC As an entrepreneur with limited business education, Valorie lacked the traditional business acumen of many of her competitors. Click the Apply Now button to the right to apply for a small business loan. As a Certified Development Company (CDC), LiftFund administers the SBAs 504 loan program in Texas. Source: LiftFund. 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. Applicants selected to receive a grant will receive an award agreement through Docusign. 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. 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. Were a local nonprofit organization that makes capital more accessible to help small business owners create wealth for themselves, their families, and their communities. You can view the list of prohibited NAICS codes here. . 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 . 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. Partner with LiftFund and connect your client to resources and capital so they begin a path to success. We are thrilled to provide access to insightful case studies and reports, as well as host events such as our Learning Days and funder . We provide small business loans to underserved business owners, especially minority and women entrepreneurs, throughout the Southeast USA. You will be asked to submit a current business utility bill as part of the application. 2 0 obj 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. To qualify, applicants must show that they were negatively affected by the COVID pandemic. colonel frank o'sullivan interview; beverly hills high school football 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. Were a social enterprise that finds solutions to level the financial playing field for entrepreneurs who are often left out of financial mainstream. 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. Since I dont have a 2019 business tax return, what documents do I need to submit to prove negative impact? Thank you. 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. The application window will open Monday, September 20 at 9:30AM and close Monday, October 4 at 5:30PM Central Standard Time. Most projects require a 50-40-10 split. #nf-form-28-cont .nf-form-title h3 { 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 . /* FIELDS STYLES */ For your convenience, services are being provided in-person, online, & by phone. Additional funds were approved April 27, 2021 to provide financial assistance to the small business community. Can I apply? Get the latest COVID-19 guidance and information via our resources page. If I am not eligible for this grant, are there any other resources for me? Does LiftFund have experience serving the small business community? I dont receive a business utility bill. 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. https://www.cclerk.hctx.net/PersonalRecords.aspx#ANInfo. 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). If your business is in a low- to moderate-income community that LiftFund serves, you may qualify for a special SBA loan. The $30 million fund is a continuation of Harris County's financial support to small businesses reeling from these setbacks. We can help. Eligible applications with the highest scores will be reviewed and awarded first, followed by applications with lower scores. Grant applicants are only eligible to receive one . She thought about pursuing a career as a pediatric nurse, but that didnt appeal to her entrepreneurial spirit. Most projects require a 50-40-10 split. For over twenty five years, weve provided millions of dollars in loans to help deserving entrepreneurs grow their businesses and achieve their dreams. 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. Yes, the Harris County Small Business Relief program is designed to support micro and small businesses impacted by COVID-19. Get updates, toolkits and timely information about the virus and its economic impact. 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. LiftFund COVID Grants Assistance Form. All grants will be awarded by January 2022. We are committed to reviewing applications as quickly as possible. The new $30 million relief fund is subsidized by the American Rescue . - Reporter, Houston Business Journal. LiftFund can help small business owners acquire real estate and equipment they need to grow their businesses. Be prepared to share this information during the application process. Harris County Judge Lina Hidalgo will announce the start of the Harris County Small Business Relief Fund Application period on Monday. Ebony Harris has a special way with children its a gift. LiftFund will administer the grants, and all completed applications will be reviewed for basic eligibility. The Fort Bend County Commissioners Court has approved a small business emergency grant program to assist businesses impacted by Covid-19. <> 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. 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. If selected, do I have to pay the grant back? LiftFund supports hard-working small business owners like you access money and resources you need to grow your business. Our special programs, in collaboration with our generous partners, are designed to provide you access to flexible funding and special rates.

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