Create a meaningful impact and drive change in Houston. Youre ready to grow and strengthen your business with a loan. Instead, in 2015, set her sights on opening a childcare center, where she could educate, support, and influence kids. . As a Certified Development Company (CDC), LiftFund administers the SBA's 504 loan program in Texas. 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. County Judge Lina Hidalgo this week announced plans for a $30 million relief fund aimed at supporting micro and small businesses. .o]qWbW{~]yfg7%VYG.n0G:RMKl%W(~ $WuR#PVj$w%iB"q"-.~6(Oh5 }xZ(%N"Lzjn 1AG`". As an entrepreneur with limited business education, Valorie lacked the traditional business acumen of many of her competitors. Grants will be awarded in three months beginning in November and continuing through January, 2022. 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? Businesses must not have any outstanding tax liabilities. 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.. 1 0 obj Create secure account. We provide small business loans to underserved business owners, especially minority and women entrepreneurs, throughout the Southeast USA. The $20 million fund will create two different programs, one $10 million program for small businesses and a separate $10 million program for nonprofits. 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. We can help. Your password must be at least 7 characters long. Strona gwna / Uncategorized / liftfund requirements Notice: JavaScript is required for this content. Most projects require a 50-40-10 split. Can I apply? Were here to help you strengthen your business. 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. - Reporter, Houston Business Journal. Pricey, but great for a date. The description of my page. Once I submit my application, can I confirm LiftFund received it? The Texas nonprofit LiftFund will administer the distribution of funds to applying organizations based on a transparent . stream Funds must be used for business-related expenses, including payroll, working capital, business rent, inventory, supplies, equipment, and other operating costs. Extremely Unlikely . For more information about LiftFund, visit www.LiftFund.com. Additionally, please uploadoneof the two options below to the application: The amount you are eligible for is based on the number of full time equivalent (FTE) employees you have. 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. SOAR Fund - The Southern Opportunity And Resilience Fund. } 2010 - Jun 20122 years. Amanda Cochran, Digital Special Projects Manager. 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. You will have 2 days to sign and accept the grant. Comcast RISE. Eligible applications with the highest scores will be reviewed and awarded first, followed by applications with lower scores. Application opens today for Free Grant Money for small business owners in Harris County! Harris County Community Services Department (HCCSD) has released the Harris County Affordable Rental Housing Program (ARHP) Request for Applica tions /Proposals (RFA). But when other lenders are telling you no, LiftFund wants to say yes. Grant Awards & Limitations. San Antonio-based community lender LiftFund was selected to administer the . 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. 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. Applications will be accepted from Monday. SBA 7a Community Advantage & 504 loans. For your convenience, services are being provided in-person, online, & by phone. 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. 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. This is an effort to reach businesses that may have been underserved by previous relief programs. 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. Am I able to apply for this program and the City of Houston's Harvey Economic Development Program (HEDP)? LiftFund COVID Grants Assistance Form. Austin, TX 78711-2277 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. The Small Business Relief Fund was created with funding from the American Rescue Plan Act and is being administered by LiftFund, a nonprofit organization that supports small business owners with funding and business education. A website with additional information for applicants is slated to go live on Aug. 20, Hidalgo said. If selected, do I have to pay the grant back? As a Certified Development Company (CDC), LiftFund administers the SBAs 504 loan program in Texas. Negative impact can be demonstrated by a decline in either gross or net revenue between 2019 and 2020. 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. Our special programs, in collaboration with our generous partners, are designed to provide you access to flexible funding and special rates. Partners include bankers, small business owners, referral partners and expert consultants, and more. #nf-form-28-cont .nf-form-title h3 { LiftFund supports hard-working small business owners access money and resources they need to grow their business. Find small business grants or loans in Texas that help minorities and women owned businesses. 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 I have 2 businesses, can I submit an application for each? The Barstool Fund. These local agencies will with the application process to help overcome technological or language barriers. .nf-form-content .nf-field-container #nf-field-315-wrap { We know entrepreneurs, no matter their life story, are dedicated to improving their lives and their familys well being. Depending on how you spend your funds, you may add new tax deductions that help lower your income tax liability. Harris County Commissioners and LiftFund have seen firsthand the alarming impact that . Yes, the Harris County Small Business Relief program is designed to support micro and small businesses impacted by COVID-19. How to do I prove how many employees I have if I hire 1099 contractors? #DJSupastar The Harris County Small Business Relief Fund will provide grants ranging from $5,000 to $25,000 to eligible micro and small businesses. If this describes you, the SBA 7A Community Advantage loan program may be the right fit. As a sole proprietor, I am not required by the county or state to file a DBA. Don't forget to end the meal with bananas foster or godiva chocolate cake." Below you will find more details about this program, including eligibility, funding methodology and timeframe. info@tvc.texas.gov. LiftFund founder, Janie Barrera, is a staunch advocate for small businesses in the area and nationally. Were a local nonprofit organization that makes capital more accessible to help small business owners create wealth for themselves, their families, and their communities. She thought about pursuing a career as a pediatric nurse, but that didnt appeal to her entrepreneurial spirit. Services include Small Business Support. Learn more about our special funding options and apply today! Were a social enterprise that finds solutions to level the financial playing field for entrepreneurs who are often left out of financial mainstream. We are proud to partner with local community organizations collaborating as partners. Thursday, September 23 at 12:00 pm. I use a PO Box on my business registration and/or my tax return. We're here to support determined entrepreneurs like you with loans, tools and resources to grow your business. The fund will use money earmarked for Harris County recovery from the American Rescue Plan Act. adam carlyle taylor accident. . We provide loans and resources to budding and established business owners; our clients are minority, women, veteran, and startup and established business owners. 996 Grant Harris Rd. Business and financial training. endobj The grant funds will be awarded monthly beginning in November 2021 and through January 2022. Harris County Small Business Relief Program Powered By: Welcome to the Harris County Small Business Relief program application portal. 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.

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