liftfund harris county grant liftfund harris county grant

Registration Available Mon, May 17 2021 to Wed, Jun 30 2021. County Judge Lina Hidalgo recently discussed the start of the Harris County Small Business Relief Fund application period, where eligible companies can apply for grants between $5,000 and $25,000 until October 4, 2021. The Harris Small Business Relief Fund awards will not be made on a first-come, first-served basis. 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. The Texas nonprofit LiftFund will administer the distribution of funds to applying organizations based on a transparent . Nov 8, 2020. info@tvc.texas.gov. Very Likely . Nov 14 2022 Harris County Judge Lina Hidalgo will announce the start of the Harris County Small Business Relief Fund Application period on Monday. Rhonda Foster, MBA - Director Asset Management - Houston Housing The Harris County Small Business Relief Fund will provide grants ranging from $5,000 to $25,000 to eligible micro and small businesses. Below you will find more details about this program, including eligibility, funding methodology and timeframe. 3 0 obj If I have questions, how do I contact LiftFund? Instead, in 2015, set her sights on opening a childcare center, where she could educate, support, and influence kids. Christopher Smith - Senior Pressure Systems Integrity Engineer - Aker Eligible small businesses applying or receiving support from other City or County program are able to apply for this program. By joining our movement, you say yes to financial inclusion and opportunity for all. Harris County approves new $30M small-business recovery fund - Houston Harris County may launch second $30M relief fund to help small East Harris County Empowerment Council (281) 712-2550 Spring Klein Chamber of Commerce (281) 257-9559. 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. LiftFund and other local community organizations will help applicants navigate the application process and overcome technological or language barriers. More about these services:www.liftfund.com . LiftFund provides small business loans for women & minority entrepreneurs and startups in Houston, Texas. The SBA created the 504 loan program to help entrepreneurs finance commercial real estate and equipment for their businesses. Since the beginning of the pandemic in spring 2020, Harris County has provided micro and small businesses with $40 million in aid. To learn more about industry prioritization, click here. Find small business grants or loans in Texas that help minorities and women owned businesses. San Antonio-based community lender LiftFund was selected to administer the . 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. Liftfund - Houston, TX - Foursquare San Antonio company LiftFund said many small businesses aren't fully prepared for a natural disaster or emergency, so it has secured a $500,000 federal grant to change that. Join the LiftFund family as a client today. The grant funds will be awarded monthly beginning in November 2021 and through January 2022. We partner with the SBA and other lending institutions to provide small business capital solutions like startup loans, microloans and 504 loans in Houston. Harris County Small Business Relief Program Powered By: Welcome to the Harris County Small Business Relief program application portal. Were here to help you strengthen your business. The $30 million fund is a continuation of Harris County's financial support to small businesses reeling from these setbacks. colonel frank o'sullivan interview; beverly hills high school football Source: LiftFund. "This place has amazing seafood, an extensive wine selection, and excellent service. Harris County Small Business Relief Fund now open for applications Join our movement to build a stronger economy. More information about the partner organizations can be found, You will receive a confirmation email from. Location 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. Since 1994, LiftFund has provided over $409 million in opportunity funding and business education to small business owners and aspiring entrepreneurs. 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. 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 I used to have more employees in 2019 and/or 2020. The $20 million fund will create two different programs, one $10 million program for small businesses and a separate $10 million program for nonprofits. COVID-19 Grants - University of Houston https://www.cclerk.hctx.net/PersonalRecords.aspx#ANInfo. My business is home based and all of my utilities are in someone elses name. If you need help with the Public File, call (713) 778-4745. 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. 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. #DJSupastar } We expect around 2,000 micro and small businesses to be assisted. 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. The new $30 million relief fund is subsidized by the American Rescue . The business must be registered to be considered. We cant do this work alone, thats where you can come in. 2010 - Jun 20122 years. We can be reached by phone at 888-215-2373, by email at sbgrants@liftfund.com or you can submit a question online. Youre ready to grow and strengthen your business with a loan. 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. Please refer to the Scope of Work for additional information. We will be hosting virtual info sessions to provide an overview of this grant program. Get the latest COVID-19 guidance and information via our resources page. To learn more about industry prioritization, click here. You can view the list of prohibited NAICS codes here. 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). You will need to submit your 2020 tax return. 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. 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. 1 0 obj She thought about pursuing a career as a pediatric nurse, but that didnt appeal to her entrepreneurial spirit. Grant Funding For Veterans Services. The SBA created the 504 loan program to help entrepreneurs finance commercial real estate and equipment for their businesses. 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. % LiftFund can help small business owners acquire real estate and equipment they need to grow their businesses. All grants will be awarded by January 2022. New relief funds available to help Harris County small businesses If you file an 1120, use Line 1a. LiftFund COVID Grants Assistance Form. According to LiftFund, a website with full details on eligibility requirements, necessary documents, and the program timeline will be available in late December. A website with additional information for applicants is slated to go live on Aug. 20, Hidalgo said. I use a PO Box on my business registration and/or my tax return. 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. 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. Available Workflows - Harris County Grant Program Your password must be at least 7 characters long. https://www.cclerk.hctx.net/PersonalRecords.aspx#ANInfo. We can help. The Harris County Small Business Relief Fund will provide grants ranging from $5,000 to $25,000 to eligible micro and small . endobj Somewhat Unlikely . 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. 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. Notice: JavaScript is required for this content. May 2010 - Aug 20104 months. As a Certified Development Company (CDC), LiftFund administers the SBAs 504 loan program in Texas. LiftFund has deep roots in Harris County and is a champion for our small business community. Were LiftFund. A list of our partner agencies and their contact information can be found, Yes. https://www.harriscountybusinessrelief.org/, Registered business operating in Harris County. 93.7 The Beat is Houston's REAL hip-hop and home of The Breakfast Club. Learn more about becoming a LiftFund supporter. Somewhat Likely . City of San Antonio Launches COVID-19 Recovery Grant Program for Small This is an effort to reach businesses that may have been underserved by previous relief programs. Know your business goals and needs. For over twenty five years, weve provided millions of dollars in loans to help deserving entrepreneurs grow their businesses and achieve their dreams. 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). Grant eligibility criteria includes: Grant applicant must be authorized representative of business or non-profit . Don't forget to end the meal with bananas foster or godiva chocolate cake." By Chris Mathews. 2020 at 5:00 PM CST. Ebony Harris has a special way with children its a gift. If you file an 1120-S, use Line 1. The LIFT Fund I dont receive a business utility bill. Whether youre a startup or an established business owner, we know business loans are an important tool for your business. You can also attend one of our free upcoming seminars www.liftfund.com/events. Accepted highly visible role to restructure and realign senior program that provided 1,600 meals daily (900 home . . 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 . The SBA created the 504 loan program to help entrepreneurs finance commercial real estate and equipment for their businesses. Bexar County approved funding for the program earlier this year after collaborating with LiftFund and the San Antonio Hispanic Chamber of Commerce (SAHCC). Prepare and GatherKnow your business goals and needs. PDF Apply starting Sept. 20 for $30 million Harris County small - LiftFund How can I prove my address? Applications will be assessed and scored using the following methodology. 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. Please select services and we will contact you. } The $20 million fund will create two different programs, one $10 million program for small businesses and a separate $10 million program for nonprofits. 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. Small business applicants will be given priority if located in suburban and unincorporated areas. Harris County requested the most PPP money from LiftFund The application window will remain open until Monday, October . P.O. 996 Grant Harris Rd. Are Business Grants Taxable? Everything You Need To Know 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. We can help you get the funding you need, even if youve been turned down before. Applications will be accepted from Monday. 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. Application opens for $30 million Harris County Small Business Relief Fund You will be asked to submit a current business utility bill as part of the application. 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. 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. Tax-exempt businesses, hobby businesses, gambling businesses, residential builders, speculative real estate investors, government entities and sexually-oriented businesses are not eligible. County Judge Lina Hidalgo this week announced plans for a $30 million relief fund aimed at supporting micro and small businesses. 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. Learn more about our special funding options and apply today! 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. If I received a PPP or EIDL loan can my business still qualify for the program? 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. endobj 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. Apply Home; RFA Questions & Answers; New TVC Grants Portal For 2023-24 . 920 Grant Harris Rd. 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. If my business opened after April 2020, can I apply? Does LiftFund have experience serving the small business community? Grant Awards & Limitations. HOUSTON Harris County Judge Lina Hidalgo will announce the start of the Harris County Small Business Relief Fund Application period on Monday. 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. If I have 2 businesses, can I submit an application for each? For some, entrepreneurship is the only source of income, and a pathway out of poverty. If your business was registered and began operating in January March 2020, you do not need to provide a 2019 tax return. 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. Since I dont have a 2019 business tax return, what documents do I need to submit to prove negative impact? 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%. It is based on gross revenue. We are thrilled to provide access to insightful case studies and reports, as well as host events such as our Learning Days and funder . Thursday, September 23 at 12:00 pm. 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? Funds must be used for business-related expenses, including payroll, working capital, business rent, inventory, supplies, equipment, and other operating costs. Grants will be awarded in three months beginning in November and continuing through January, 2022. Join our movement in leveling the financial playing field and breaking the cycle of poverty through entrepreneurship. endobj Policy News - March 2, 2023. Am I able to apply for this program and the City of Houston's Harvey Economic Development Program (HEDP)? The Harris Small Business Relief Fund awards will not be made on a first-come, first-served basis. } Get updates, toolkits and timely information about the virus and its economic impact. Applications will be assessed and scored using the following methodology. Mar 01 2023: Filed Mar 01 2023: HB 178 (88th Legislature (2023)) Relating to testing possible controlled substance evidence for fentanyl. } No, number of employees will be calculated based on first quarter 2021. You need capital that can support you a loan that can help you grow your business so you can prove your success and qualify for a bank loan. Please attached copies of your 2020 1099s in the application or submit a payroll report. We will contact you by phone or email if additional documentation or clarification is needed. , provides support to impacted small businesses and communities through small business loans and grants. How to do I prove how many employees I have if I hire 1099 contractors? If your business is in a low- to moderate-income community that LiftFund serves, you may qualify for a special SBA loan. 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. x=ko#9r0m6~#c;Id/dY~d-q|f6e@-b]|K}9>>.N>]]7wb;#!\TnxC . Our goal is to make sure we provide capital that meets goals and budget. Below you will find more details about this program, including eligibility, funding methodology and timeframe. font-size:12pt; %PDF-1.7 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. Yes, businesses are eligible to apply and the amount of previously received funding will be factored into calculation of grant score. Create secure account. 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. You will have 2 days to sign and accept the grant. Funds from the $30 million fund will be distributed by LiftFund. Harris County Small Business Relief Fund applications period - KPRC Applications will have up to 150 points based on the following five elements, each with a maximum of 30 points. The first of three award rounds for the Harris County Small Business Relief program has started! Your DecisionWell assess your application and documents to make a decision. We are proud to partner with local community organizations collaborating as partners. Register to connect with experts and members to discuss timely topics. The grant program will disburse awards of between $5,000 . Thats especially true if youre a startup, in a risky business industry or both. Additional Resources - Harris County Small Business Grant Recovery Can those be counted? SBA COVID-19 Relief Options. Finding traditional business loans isnt easy. LiftFund tiene races profundas en el condado Harris y es un defensor de nuestra comunidad. We provide loans and resources to budding and established business owners. Bexar County Small Business and Nonprofit Grants. The Small Business Relief Fund was created with funding from the American Rescue Plan Act (ARPA) and is being administered by LiftFund, a nonprofit organization that supports small business owners . Copyright 2023 Click2Houston.com is managed by Graham Digital and published by Graham Media Group, a division of Graham Holdings. Apply Online:www.liftfund.com/tvcdigital, Texas Veterans Commission LiftFund | Small Business Loans, Microloans, SBA Loans for Women Is the $500,000 annual revenue limit based on gross or net revenue? Aug. 10 a partnership with LiftFund, an independent nonprofit . We provide loans and resources to budding and established business owners; our clients are minority, women, veteran, and startup and established business owners.