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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 . Texas Border Businesss. Once I submit my application, can I confirm LiftFund received it? We can be reached by phone at 888-215-2373, by email at sbgrants@liftfund.com or you can submit a question online. You will receive a confirmation email from noreply@bmisw.com. How. Get updates, toolkits and timely information about the virus and its economic impact. 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. by Grace Rodriguez | Sep 7, 2021 | Front Page, Houston News, Latest News | 0 comments. 93.7 The Beat is Houston's REAL hip-hop and home of The Breakfast Club. The Harris County Small Business Relief Fund will provide grants ranging from $5,000 to $25,000 to eligible micro and small businesses. To qualify, applicants must show that they were negatively affected by the COVID pandemic. Since 1994, LiftFund has provided over $409 million in opportunity funding and business education to small business owners and aspiring entrepreneurs. By: Danica Lloyd - Community Impact. 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. The business must be registered to be considered. . Be prepared to share this information during the application process. The application process for the $30 million Harris County Small Business Relief Fund is now open. LiftFund and other local community organizations will help applicants navigate the application process and overcome technological or language barriers. All grants will be awarded by January 2022. You can view the list of prohibited NAICS codes here. Plus, Carmen Contreras, Ashlee Young, DJ Mr. Rogers, Kiotti Brown and huge artists like Rihanna, Drake, Migos, Bryson Tiller, Beyonce and Future. 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 will administer the grants, and all completed applications will be reviewed for basic eligibility. 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. Ebony Harris has a special way with children its a gift. Learn more about our special funding options and apply today! To qualify for the Small Business Relief Fund, micro and small business applicants must: Be located within Harris County It is based on gross revenue. Were here to help you strengthen your business. Harris County Commissioners and LiftFund have seen firsthand the alarming impact that . 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. Many grants specifically for veterans are non-taxable. . Is the $500,000 annual revenue limit based on gross or net revenue? 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. The City of Houstons program, Harvey Economic Development Program (HEDP). 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. Click here to view a pdf copy of the application. LiftFund is proud to serve the small businesses and nonprofits that are the heart of this county, says Ms. Barrera. Terms: 7-10 year term; 25 year term for real estate; Prime + (2.75% to 6%); Variable rate (based on Wall Street). Grants will be awarded in three months beginning in November and continuing through January, 2022. 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. Were here to help you strengthen your business. 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 a sole proprietor, I am not required by the county or state to file a DBA. We are proud to partner with local community organizations collaborating as partners. } 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 . endobj If I received a PPP or EIDL loan can my business still qualify for the program? The application review period will start on October 5, 2021 and continue through January 9, 2022. The application review period will start on October 5, 2021 and continue through January 9, 2022. LiftFund provides small business loans for women & minority entrepreneurs andstartups in Houston, Texas. 1054 Grant Harris Rd. Applications with the highest scores will be reviewed and approved first. www.LiftFund.com; Application Review: June 22, 2020; Lottery: June 23, 2020; Awards: June 29, 2020-December . Amanda Cochran, Digital Special Projects Manager. If my business is located outside of Harris County but I serve customers within the county, can I apply? The $20 million fund will create two different programs, one $10 million program for small businesses and a separate $10 million program for nonprofits. The SBA created the Community Advantage program to reach underserved communities where business owners may struggle to obtain financing through traditional means. https://www.cclerk.hctx.net/PersonalRecords.aspx#ANInfo. Grant applicants are only eligible to receive one . LiftFund supports hard-working small business owners like you access money and resources you need to grow your business. 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. 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. Grant eligibility criteria includes: Grant applicant must be authorized representative of business or non-profit . Bexar County Small & Micro Business COVID-19 Relief Grant Program is a new fund to provide emergency relief to small businesses struggling under the financial impact of COVID-19. Get the latest COVID-19 guidance and information via our resources page. Our special programs, in collaboration with our generous partners, are designed to provide you access to flexible funding and special rates. The only thing standing between small business owners and success is often capital. LiftFund is nonprofit community development financial institution with a 27-year track record of elevating underestimated and underserved communities across its 15-state footprint. We are proud to partner with local community organizations collaborating as partners. "This place has amazing seafood, an extensive wine selection, and excellent service. Upon completion of the award agreement, funds will be deposited into your account within 7 business days. You will have 2 days to sign and accept the grant. If this describes you, the SBA 7A Community Advantage loan program may be the right fit. I used to have more employees in 2019 and/or 2020. 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 . If your business was registered and began operating in January March 2020, you do not need to provide a 2019 tax return. Instead, in 2015, set her sights on opening a childcare center, where she could educate, support, and influence kids. My business is home based and all of my utilities are in someone elses name. We will contact you by phone or email if additional documentation or clarification is needed. Advantages of the SBA 7(a) Community Advantage Loans Program. 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. Applications with the highest scores will be reviewed and approved first. Yes, for financial assistance, please visit www.liftfund.com/loan-offerings. 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. 2010 - Jun 20122 years. Grants will range from $5,000 to $25,000. Harris County Commissioners and LiftFund have seen firsthand the alarming impact that the These local agencies will with the application process to help overcome technological or language barriers. 2 0 obj 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. LiftFund has deep roots in Harris County and is a champion for our small business community. Eligible applications with the highest scores will be reviewed and awarded first, followed by applications with lower scores. 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. The SBA created the 504 loan program to help entrepreneurs finance commercial real estate and equipment for their businesses. The only thing standing between small business owners and success is often a lack of capital. A list of our partner agencies and their contact information can be found, Yes. As a Certified Development Company (CDC), LiftFund administers the SBA's 504 loan program in Texas. We believe you deserve a path to success and we're here to close the small business finance . Like in many communities, the aftermath of the pandemic continues to be felt by Bexar County. 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. 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. 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. If I have 2 businesses, can I submit an application for each? The description of my page. Join our movement to build a stronger economy. x=ko#9r0m6~#c;Id/dY~d-q|f6e@-b]|K}9>>.N>]]7wb;#!\TnxC 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). Harris County and LiftFund are offering one more webinar to provide an overview of the grant program, eligibility guidelines and more information about how to apply. Learn more about becoming a LiftFund supporter. Applications open today, September 20, 2021 with LiftFund to give women minority small business owners grants! Through the program, small businesses and nonprofits can apply for $10,000 -$50,000 in direct relief grants. For over twenty five years, weve provided millions of dollars in loans to help deserving entrepreneurs grow their businesses and achieve their dreams. Please refer to the Scope of Work for additional information. mjk funeral home obituaries; san jose state university graduate programs deadlines Men umschalten. Notice: JavaScript is required for this content. Since I dont have a 2019 business tax return, what documents do I need to submit to prove negative impact? Join the LiftFund family as a client today. More information about the partner organizations can be found, You will receive a confirmation email from. Amanda Cochran is an Edward R. Murrow award-winning journalist. Applications will be accepted from Monday. KKR Small Business Builders. Business utility bill (water, gas, electric) Home based businesses may provide a home utility bill. Register Email Policy News - March 2, 2023. These local agencies will with the application process to help overcome technological or language barriers. The Harris County Small Business Relief Fund will provide grants ranging from $5,000 to $25,000 to eligible micro and small . 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. My business was registered and began operating in January March 2020. Instead, in 2015, set her sights on opening a childcare center, where she could educate, support, and influence kids. liftfund requirements. 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. Is this program different from the City of Houston's grant program? We can help. We are committed to reviewing applications as quickly as possible. Create a meaningful impact and drive change in Houston. Register to connect with experts and members to discuss timely topics. Yes, the Harris County Small Business Relief program is designed to support micro and small businesses impacted by COVID-19. We provide loans and resources to budding and established business owners; our clients are minority, women, veteran, and startup and established business owners. 11 Aug 2021. LiftFund supports hard-working small business owners access money and resources they need to grow their business. Thursday, September 23 at 12:00 pm. No, you may only submit one application for one business. 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. Dj, Philanthropist, & TV Reality Personality, Zelma T. Lee, is better known to fans as DJ Supastar. If I received Harris County assistance last year, am I eligible to apply for the grant? All grants will be awarded by January 2022. As a Certified Development Company (CDC), LiftFund administers the SBAs 504 loan program in Texas. By Chris Mathews. However, businesses and/or projects considered special purpose require an additional 10% from the owner. County Judge Lina Hidalgo this week announced plans for a $30 million relief fund aimed at supporting micro and small businesses. Ebony Harris has a special way with children its a gift. Government grant funds used for paying certain utilities or the mortgage for your business may also be non-taxable. If youve been unable to obtain small business financing through traditional means, LiftFund is here to help. 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. By joining our movement, you say yes to financial inclusion and opportunity for all. Apply now and a team member will review your information and documents to find a LiftFund product that fits your business goals and budget. Please check spam and trash in case it was blocked. 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. Applications will have up to 150 points based on the following five elements, each with a maximum of 30 points. 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. The fund was approved to support small and micro businesses who have . | Fort Bend Economic Development Council. <> 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. Mar 01 2023: Filed Mar 01 2023: HB 178 (88th Legislature (2023)) Relating to testing possible controlled substance evidence for fentanyl. SSBCI was established in 2010 and then recently . We can help you get the funding you need, even if youve been turned down before. . Funds must be used for business-related expenses, including payroll, working capital, business rent, inventory, supplies, equipment, and other operating costs. LiftFund COVID Grants Assistance Form. LiftFund can help small business owners acquire real estate and equipment they need to grow their businesses. Take the next step to learn about our membership. Our special programs, in collaboration with our generous partners, are designed to provide you access to flexible funding and special rates. 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. font-size:12pt; Additional funds were approved April 27, 2021 to provide financial assistance to the small business community. No, your business must be physically located in the county. If your business is in a low- to moderate-income community that LiftFund serves, you may qualify for a special SBA loan. 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. 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. Below you will find more details about this program, including eligibility, funding methodology and timeframe. 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 . % Negative impact can be demonstrated by a decline in either gross or net revenue between 2019 and 2020. Somewhat Unlikely . 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. 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. Tax-exempt businesses, hobby businesses, gambling businesses, residential builders, speculative real estate investors, government entities and sexually-oriented businesses are not eligible. Can those be counted? But when other lenders are telling you no, LiftFund wants to say yes. Applications will be accepted from Monday. HomeMediaLiftFund Inc. Small Business Support, Nonprofit Organization based in the Alamo Region. Registration Available Mon, May 17 2021 to Wed, Jun 30 2021. 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. If you file an 1120, use Line 1a. 1368 75 1 EUWJB-75 75 DIY 1 EUWJB-75 The City of Houstons program,Harvey Economic Development Program (HEDP), provides support to impacted small businesses and communities through small business loans and grants. 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. 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. You can view the list of prohibited NAICS codes here. Box 12277 adam carlyle taylor accident. Tax-exempt businesses, hobby businesses, gambling businesses, residential builders, speculative real estate investors, government entities and sexually-oriented businesses are not eligible. Harris County Small Business Relief Program Powered By: Welcome to the Harris County Small Business Relief program application portal. Most projects require a 50-40-10 split. Youre ready to grow and strengthen your business with a loan. 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.. Extremely Unlikely . Were a local nonprofit organization that makes capital more accessible to help small business owners create wealth for themselves, their families, and their communities. TikTok & Hispanic Heritage Foundation. 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. 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. GoFundMe.org : Small Business Relief Fund. The grant application will require verification of pertinent documentation. Will the application process accommodate business owners facing technological or language barriers? Finding traditional business loans isnt easy. Comcast RISE. We are thrilled to provide access to insightful case studies and reports, as well as host events such as our Learning Days and funder . 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. 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. 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. Your DecisionWell assess your application and documents to make a decision. How to do I prove how many employees I have if I hire 1099 contractors? 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. The fund will use money earmarked for Harris County recovery from the American Rescue Plan Act. LiftFund tiene races profundas en el condado Harris y es un defensor de nuestra comunidad. 2022-2023 Grantees Home; Submit Status Report; Update Contact Information; Submit Quarterly Outcomes Report; Apply For 2023-24 Funding. Grant Eligibility Criteria. She thought about pursuing a career as a pediatric nurse, but that didnt appeal to her entrepreneurial spirit. 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. The Barstool Fund. Then, apply and submit all of your documents. /* FORM STYLES */ The grant application will require verification of pertinent documentation. We provide small business loans to underserved business owners, especially minority and women entrepreneurs, throughout the Southeast USA. 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.