liftfund harris county grant liftfund harris county grant

Get the latest COVID-19 guidance and information via our resources page. LiftFund supports hard-working small business owners like you access money and resources you need to grow your business. 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. 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 . 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 . It loans money to . . By joining our movement, you say yes to financial inclusion and opportunity for all. 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 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. Throughout the year, the SAHCC and LiftFund have combined efforts to urge the county to allocate ARPA funding for direct relief to small businesses. 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. Since the beginning of the pandemic in spring 2020, Harris County has provided micro and small businesses with $40 million in aid. Strona gwna / Uncategorized / liftfund requirements How to do I prove how many employees I have if I hire 1099 contractors? Commissioners Court unanimously approved a plan to award up to 2,000 . Find small business grants or loans in Texas that help minorities and women owned businesses. 4 0 obj The fund was approved to support small and micro businesses who have . Bexar County Small Business and Nonprofit Grants. LiftFund provides small business loans for women & minority entrepreneurs and startups in Houston, Texas. - Reporter, Houston Business Journal. #nf-form-28-cont .nf-form-title h3 { Join the LiftFund family as a client today. 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. Search For Grant-Funded Services; Support Grant-Funded Services; Manage Current 2022-23 Funding. Funds must be used for business-related expenses, including payroll, working capital, business rent, inventory, supplies, equipment, and other operating costs. How many businesses will be assisted through this program? endobj Create a meaningful impact and drive change in Houston. 11 Aug 2021. Youre ready to grow and strengthen your business with a loan. You can view the list of prohibited NAICS codes here. The description of my page. Register here. No, revenue must be less than $500,000 in both 2019 and 2020. For your convenience, services are being provided in-person, online, & by phone. Government grant funds used for paying certain utilities or the mortgage for your business may also be non-taxable. Yes, the Harris County Small Business Relief program is designed to support micro and small businesses impacted by COVID-19. It is based on gross revenue. P.O. Thank you. The message will come from a LiftFund email address. The SBA created the Community Advantage program to reach underserved communities where business owners may struggle to obtain financing through traditional means. 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. We cant do this work alone, thats where you can come in. 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 . /* FIELDS STYLES */ 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. Were LiftFund. There are also some exceptions. } 1070 Grant Harris Rd. LiftFund provides small business loans for women & minority entrepreneurs andstartups in Houston, Texas. Harris County Judge Lina Hidalgo will announce the start of the Harris County Small Business Relief Fund Application period on Monday. } However, businesses and/or projects considered special purpose require an additional 5% from the owner. Since 1994, LiftFund has provided over $409 million in opportunity funding and business education to small business owners and aspiring entrepreneurs. 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. 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 application process for the $30 million Harris County Small Business Relief Fund is now open. /* FORM STYLES */ Available for start-up and existing businesses; SBA guarantee allows us to provide financing; Cash flow must be sufficient for payments; Owner Injection: 20% startups, 20% business acquisitions; Projections reviewed for businesses affected by COVID19; More than 50% of workforce is low-income, or resides in LMI census tracts, 51% or more owned by veterans, active duty military participating in the militarys Transition Assistance Program (TAP), reservist or National Guard member or a spouse of any of these groups, 51% or more owned by a widowed spouse of a service member who died while in service, or a widowed spouse of a veteran who died of a service-connected disability, Current on all payments for the last 12 months, It was used originally (85% or more) to finance eligible 504 uses (see above). Please submit your grant questions using the form below and we'll reach out to you within 2 business days. 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. Thank you for your cooperation. All applicants will be notified of their application result by January 31, 2022. Apply Home; RFA Questions & Answers; New TVC Grants Portal For 2023-24 . As a Certified Development Company (CDC), LiftFund administers the SBA's 504 loan program in Texas. 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. 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. As an entrepreneur with limited business education, Valorie lacked the traditional business acumen of many of her competitors. I used to have more employees in 2019 and/or 2020. You can view the list of prohibited NAICS codes here. Texas Border Businesss. Grant Eligibility Criteria. Nov 14 2022 We want to thank Judge Wolff and the County Commissioners for bringing this program to life. Apply now and a team member will review your information and documents to find a LiftFund product that fits your business goals and budget. liftfund requirements. Created with funding from the American Rescue Plan Act (ARPA), the Small Business Relief Fund is being administered by LiftFund, a nonprofit community development financial institution (CDFI); and we are proud to announce that Impact Hub Houston is partnering with LiftFund to help more entrepreneurs, founders, and micro and small businesses learn about and get access to this critical funding so they can survive and thrive in these incredibly trying times. Yes. 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. Plus, Carmen Contreras, Ashlee Young, DJ Mr. Rogers, Kiotti Brown and huge artists like Rihanna, Drake, Migos, Bryson Tiller, Beyonce and Future. Apply Online:www.liftfund.com/tvcdigital, Texas Veterans Commission Yes, as long as your business is registered with a DBA and you filed a ScheduleCin 2019 and 2020 for your business. 1 0 obj Bexar County approved funding for the program earlier this year after collaborating with LiftFund and the San Antonio Hispanic Chamber of Commerce (SAHCC). Our special programs, in collaboration with our generous partners, are designed to provide you access to flexible funding and special rates. Am I able to apply for this program and the City of Houston's Harvey Economic Development Program (HEDP)? As a sole proprietor, do I submit my full 1040 personal tax return or just my Schedule C? The Harris County Small Business Relief Fund will provide grants ranging from $5,000 to $25,000 to eligible micro and small businesses. For more information about LiftFund, visit. Business and financial training. Harris County Commissioners and LiftFund have seen firsthand the alarming impact that the Do Not Sell or Share My Personal Information. LiftFund is proud to serve the small businesses and nonprofits that are the heart of this county, says Ms. Barrera. For more information about LiftFund, visit www.LiftFund.com. 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 . SOAR Fund - The Southern Opportunity And Resilience Fund. 766 Grant Harris Rd. County Judge Lina Hidalgo this week announced plans for a $30 million relief fund aimed at supporting micro and small businesses. Tax-exempt businesses, hobby businesses, gambling businesses, residential builders, speculative real estate investors, government entities and sexually-oriented businesses are not eligible. All grants will be awarded by January 2022. Negative impact can be demonstrated by a decline in either gross or net revenue between 2019 and 2020. stream The $30 million grant program will disburse awards of between $5,000 and $25,000 to up to 2,000 Harris County businesses. Create secure account. These local agencies will with the application process to help overcome technological or language barriers. Upon completion of the award agreement, funds will be deposited into your account within 7 business days. 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. Applications will be assessed and scored using the following methodology. LiftFund can help small business owners acquire real estate and equipment they need to grow their businesses. LiftFund, a nonprofit community development financial institution with a presence in Houston, is expanding its financial . Business Development Officer, VP - Dallas (Large Loans) Category. We're here to support determined entrepreneurs like you with loans, tools and resources to grow your business. } 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. The $30 million fund is a continuation of Harris County's financial support to small businesses reeling from these setbacks. If I applied for a Harris County COVID-19 grant last year, do I have to re-apply? Then, gather and review your financials and credit history. 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. 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. info@tvc.texas.gov. endobj If you file an 1120, use Line 1a. 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. Apply and SubmitReview the list of information you need to apply through LiftFund and make sure you have all necessary documentation. She specializes in Texas features, consumer and business news and local crime coverage. You can also attend one of our free upcoming seminars www.liftfund.com/events. 920 Grant Harris Rd. 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. 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. Yes, the Harris County Small Business Relief program is designed to support micro and small businesses impacted by COVID-19. "This place has amazing seafood, an extensive wine selection, and excellent service. Since I dont have a 2019 business tax return, what documents do I need to submit to prove negative impact? .nf-form-content .nf-field-container #nf-field-321-wrap .nf-field-element li label { , provides support to impacted small businesses and communities through small business loans and grants. SSBCI was established in 2010 and then recently . HOUSTON, Texas (KIAH) Some business owners in Harris County can now apply for the new $30 million small business relief fund. LiftFund and other local community organizations will help applicants navigate the application process and overcome technological or language barriers. Get Hired! Grant Awards & Limitations. Click here for more about theHarvey Economic Development Program (HEDP). To qualify, applicants must show that they were negatively affected by the COVID pandemic. 2020 at 5:00 PM CST. Please check spam and trash in case it was blocked. 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. The grant application will require verification of pertinent documentation. The county has approved a $30 million relief fund to support small businesses recovering from the COVID-19 pandemic. Applications will be accepted from Monday. You can view the list of prohibited NAICS codes here. 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.. Copyright 2023 Click2Houston.com is managed by Graham Digital and published by Graham Media Group, a division of Graham Holdings. https://www.cclerk.hctx.net/PersonalRecords.aspx#ANInfo. The Barstool Fund. Prepared technical reports regarding emissions and environmental . The Harris County Small Business Relief Fund will provide grants ranging from $5,000 to $25,000 to eligible micro and small businesses. Get resources to help you manage COVID-19 in your workplace. 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. Whether youre a startup or an established business owner, we know business loans are an important tool for your business. Your DecisionWell assess your application and documents to make a decision. 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. 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, 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. Startup loans. Advantages of the SBA 7(a) Community Advantage Loans Program. A list of our partner agencies and their contact information can be found here. Below you will find more details about this program, including eligibility, funding methodology and timeframe. If my business is located outside of Harris County but I serve customers within the county, can I apply? 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 . Yes, for financial assistance, please visit, . Once I submit my application, can I confirm LiftFund received it? I dont receive a business utility bill. If your business is in a low- to moderate-income community that LiftFund serves, you may qualify for a special SBA loan. 1090 Grant Harris Rd. As a sole proprietor, I am not required by the county or state to file a DBA. Amanda Cochran, Digital Special Projects Manager. https://www.cclerk.hctx.net/PersonalRecords.aspx#ANInfo. endobj 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. Then, gather and review your financials and credit history. | Fort Bend Economic Development Council. We will be hosting virtual info sessions to provide an overview of this grant program. Terms: 7-10 year term; 25 year term for real estate; Prime + (2.75% to 6%); Variable rate (based on Wall Street). 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. Please select services and we will contact you. Get updates, toolkits and timely information about the virus and its economic impact. Services include Small Business Support. The first of three award rounds for the Harris County Small Business Relief program has started! 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. 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. Eligible small businesses applying or receiving support from other City or County program are able to apply for this program. How can I prove my address? Source: LiftFund. Location If I have 2 businesses, can I submit an application for each? font-size:12pt; Many grants specifically for veterans are non-taxable. 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. 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. 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. According to LiftFund, a website with full details on eligibility requirements, necessary documents, and the program timeline will be available in late December. Be prepared to share this information during the application process. No, you may only submit one application for one business. As long as the address on the utility bill matches the other documentation provided, that can serve as verification of business location. https://www.harriscountybusinessrelief.org/, Registered business operating in Harris County. 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. Grant Funding For Veterans Services. Does LiftFund have experience serving the small business community? If this describes you, the SBA 7A Community Advantage loan program may be the right fit. Notice: JavaScript is required for this content. The application window will remain open until Monday, October . Businesses must not have any outstanding tax liabilities. Is this program different from the City of Houston's grant program? If I am the only employee of my business, do I need to submit a payroll report or other proof? 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%. 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. May 2010 - Aug 20104 months. No, the business must have been registered with the county or state and operating on or before April 1, 2020. LiftFund will administer the grants, and all completed applications will be reviewed for basic eligibility. 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. Additional funds were approved April 27, 2021 to provide financial assistance to the small business community. She thought about pursuing a career as a pediatric nurse, but that didnt appeal to her entrepreneurial spirit. LiftFund supports hard-working small business owners access money and resources they need to grow their business. We provide small business loans to underserved business owners, especially minority and women entrepreneurs, throughout the Southeast USA. If youve been unable to obtain small business financing through traditional means, LiftFund is here to help. By applying, we can find the right product to help you meet your business and financial needs. The application review period will start on October 5, 2021 and continue through January 9, 2022. LiftFund and other local community organizations will help applicants navigate the application process and overcome technological or language barriers. 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. The business must be registered to be considered. Join our movement in leveling the financial playing field and breaking the cycle of poverty through entrepreneurship. 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. Your password must be at least 7 characters long. The City of Houstons program,Harvey Economic Development Program (HEDP), provides support to impacted small businesses and communities through small business loans and grants. KKR Small Business Builders. You will receive a confirmation email from noreply@bmisw.com. x=ko#9r0m6~#c;Id/dY~d-q|f6e@-b]|K}9>>.N>]]7wb;#!\TnxC . 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 My business was registered and began operating in January March 2020. Nov 8, 2020. Business utility bill (water, gas, electric) Home based businesses may provide a home utility bill. 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. Please attached copies of your 2020 1099s in the application or submit a payroll report. Like in many communities, the aftermath of the pandemic continues to be felt by Bexar County. Harris County approved a similar small business relief fund last year using federal funding from the CARES Act. Our goal is to make sure we provide capital that meets goals and budget. More information about the partner organizations can be found, You will receive a confirmation email from. Business utility bill (water, gas, electric) Home based businesses may provide a home utility bill. . Applicants will need to be businesses registered in Harris County with: Applications for the program will run for two weeks beginning Sept. 20. LiftFund has deep roots in Harris County and is a champion for our small business community. % 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. Don't forget to end the meal with bananas foster or godiva chocolate cake." . Small business loans in Houston, TX up to $500,000. The Harris Small Business Relief Fund awards will not be made on a first-come, first-served basis. annual revenue of less than $500,000 in 2019 and 2020. #DJSupastar As a Certified Development Company (CDC), LiftFund administers the SBAs 504 loan program in Texas. The City of Houstons program, Harvey Economic Development Program (HEDP). If I received a PPP or EIDL loan can my business still qualify for the program? SBA COVID-19 Relief Options. The Harris Small Business Relief Fund awards will not be made on a first-come, first-served basis. <> Then, apply and submit all of your documents. The application review period will start on October 5, 2021 and continue through January 9, 2022. Please check spam and trash in case it was blocked. Amanda Cochran is an Edward R. Murrow award-winning journalist. Learn more about becoming a LiftFund supporter. } However, businesses and/or projects considered special purpose require an additional 10% from the owner. 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. Mar 01 2023: Filed Mar 01 2023: HB 178 (88th Legislature (2023)) Relating to testing possible controlled substance evidence for fentanyl. 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. Harris County will distribute another $30 million in federal COVID-19 relief aid to help small businesses weather the pandemic. LiftFund offers the Community Advantage loan to small businesses located in the following states: Alabama, Arkansas, California, Florida, Georgia, Kentucky, Louisiana, Mississippi, Missouri, New Mexico, New York, Oklahoma, South Carolina, Tennessee, and Texas. 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. 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. Instead, in 2015, set her sights on opening a childcare center, where she could educate, support, and influence kids. If I have questions, how do I contact LiftFund? Created with funding from the American Rescue Plan Act (ARPA), the Small Business Relief Fund is being administered by LiftFund, a nonprofit community development financial institution (CDFI); and we are proud to announce .