More coronavirus grants available for small businesses in Bexar County

Small businesses in Bexar County that have suffered losses from the COVID-19 pandemic have until June 19 to apply for a second round of grants.

The county-wide program application process, which opened on Monday, is designed to provide assistance as needed. It is administered by the non-profit association LiftFund in coordination with the county.

Following a first round of loans and grants totaling around $ 5.2 million in county funds and distributed by LiftFund in recent weeks, Bexar County commissioners last week approved a second round of grants, all in the form of grants funded with $ 6.5 million in federal COVID. -19 aid, to help micro and small enterprises to recover and to create and maintain jobs during the health and economic crisis. Microenterprises with one to five full-time employees can apply for grants of up to $ 10,000. Small businesses that employ six to ten full-time workers are eligible for grants of up to $ 25,000.

To help reach all parts of the county, Liftfund is working with Southside First, Westside Development Corp., the North Chamber, and San Antonio for Growth on the Eastside.

The program is open to homeowners and businesses established before August 2019 with annual gross revenues not to exceed $ 1 million and who have not previously received a grant or loan from the county. A loss of at least 15% in turnover since March 12 must be demonstrated.

Professional services, such as physicians, clinics, dentists, lawyers, engineers, architects, insurance agencies, vacation and long-term rentals, and businesses with a sexual orientation are not eligible for the program. . Local nonprofits may apply for a limited number of grants available to support operational expenses.

Eligible micro and small businesses can apply online at www.liftfund.com. Grant recipients will be notified no earlier than June 29.

Scott Huddleston covers Bexar County Government and Alamo for the San Antonio Express-News. To learn more about Scott, become a subscriber. [email protected] | Twitter: @shuddlestonSA


About Harold Shirley

Check Also

Justin Trudeau announces $100 million for Canada’s plant industry, will produce ‘the highest purity, highest quality protein in the world’ to ‘redefine plant protein’

The Canadian government has announced nearly $100 million in funding for Merit of functional foodsproducer …