Tarrant County Small Business Grants 2022 – The Tarrant County Small Business Grant Program is currently accepting applications for its second round of funding. Applications close on Tuesday, November 10th. This program was created to help Tarrant County small businesses impacted by the public health emergency caused by COVID19. The amount of individual grants in dollars will be determined by the financial information provided, the number of eligible grant applications received, and the pool of funds available, with no individual grant exceeding $10,000. CLICK HERE to apply for a grant.
Of the $30 million allocated to fund the CARES Act, the county has contributed over $17.6 million. 2,196 businesses received significant funding, including 802 businesses in Arlington. Of these grants awarded, 1,435 were awarded to minorities, women, and veteran businesses.
Tarrant County Small Business Grants 2022
In the second round of funding, independent franchised businesses (not franchisors) were included as eligible businesses.
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Businesses/owners who previously received a Tarrant County Small Business Assistance Grant will NOT be eligible for another grant in the second round. Owners of more than one business who received a business grant in the first round will NOT be eligible to receive another business grant in the second round.
Be sure to fully review the grant information and requirements, the list of ineligible businesses, the types of expenses allowed, and information about required documentation before proceeding with the grant application. Receive a free business report by email every Monday.
The $25 million Small Business Grant Program is still looking for grant applicants after the Tarrant County Court of Commissioners voted to approve more than 150 applicants at its hearing on Tuesday.
Aimed at small businesses and nonprofits impacted by the COVID-19 pandemic, the program offers grants up to $27,500.
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“We’re making some progress, but we’re hoping to see more applicants,” said Gary Fix, Tarrant County Commissioner for District 3.
There were some issues when the program first opened for apps on July 11, but most of those issues have been fixed, Fix said.
The Court of Commissioners voted unanimously at its June 14 meeting to approve the small business recovery grant program. The funds were provided in accordance with the Federal American Plan of Rescue Act. The funds will help businesses rebuild, retain, hire, train and develop their workforce, according to a County press release.
As of the first quarter of 2020, businesses can have more than 50 employees as required by the program. They must also be in Tarrant County.
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The grant program will run until August. 31 or until funds are depleted, according to the district. Applications will be processed in the order in which they are received.
“These funds will help many local businesses stay open and retain their employees, which is the goal,” he said.
Fickes and Tarrant County staff will answer questions about the grants program during the Coffee with the Commissioners meeting on August 1. 12 at Hurst.
Bob Francis is business editor for the Fort Worth Report. Contact him at [email protected] At Fort Worth Report, news decisions are made independently of board members and financial backers. Learn more about our editorial independence policy
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This program is designed to provide financial assistance to small businesses whose employees have been impacted by the COVID-19 pandemic. The allocated funds are intended to assist in the recovery, retention, recruitment, training and development of personnel. Application deadline is Aug. 31, 2022.
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Tarrant County Small Business Grant Program Still Seeking Applicants
I – $25M Small Business Grant Program is still looking for grant applicants after the Tarrant County Court of Commissioners voted to approve more than 150 applicants for meeting on Tuesday.
Aimed at small businesses and non-profit organizations impacted by the COVID-19 pandemic, the program offers grants of up to $27,500.
“We’re making progress, but we’re making progress . I hope to see more applicants,” said Gary Fix, Tarrant County Commissioner for Congressional District 3.
There were some issues when the application process first opened on July 11, but most of those issues have been fixed, Fix. said. said.
“I think anyone who is qualified and wants to apply can apply now,” he said.
Tarrant County has more than 1,300 applications under final program review.
At its meeting on June 14, the Court of Commissioners voted unanimously to approve the Small Business Recovery Grants Program. The funds were provided in accordance with the American Rescue Plan Act. The funds will help businesses rebuild, maintain, hire, train and grow, according to a regional press release.
Companies can have a maximum of 50 employees as of the first quarter of 2020, as required by the program. . . They must also be in Tarrant County.
The grant program will run through August. 31 or until funds are depleted, according to the district. Applications will be processed on a first-come, first-served basis.
“This means the sooner someone applies, the better,” Fix said.
Eligible businesses must also be in one of the following industries:
- tourism, travel and tourism (tourist services, hotels and motels, event and entertainment venues, sports venues, convention and visitor centers, outdoor plazas and markets);
- non-profit service providers;
- arts and culture (theater, dance, music, musicians);
- >catering service (restaurants, chefs, bars, salons, taverns, mobile food trucks);
- construction and landscaping (planning and services);
- gym/ fitness;
- health (acute care centres, primary and secondary);
- mortuary services;
- care services by yourself (hair, solarium and nails, hairdressers, beauticians, spas, massages, tattoo parlors); and
- stores that do not sell essentials for the home.
Fickes expects more businesses to operate as the program deadline approaches.
“These funds will help many local businesses stay open and retain their employees, that’s the goal,” he said.
Fickes and Tarrant County staff will answer questions about the grant program during coffee meeting with commissioner Aug. 12 at Hurst.
Eligibility for a Business Grant
- Must be defined as an efficient industry as defined by the US Department of the Treasury. and approved by the Tarrant County Court of Commissioners
- Must have 50 or fewer employees as listed on Q1 2020 Form 941
- Must be in business on or before 01/01/2020 and remain in business at time of application
- Must self-identify exposure to COVID-19
- Must be located in Tarrant County
- Multiple business owners may only apply for ONE business. All owners must be disclosed in the application. If a business owner submits more than one business application, only the first application submitted by the owner will be considered for funding.
If You Go
Tarrant County Small Business Worker Compensation discussion strong>
What: Coffee and Commissioners
Who: Tarrant County Commissioner Gary Fix, Tarrant County Officials
When: Friday, Aug. 12 7:30 AM to 9 AM
Where: 645 Tarrant County Northeast Courthouse Grapeviine Highway, Hurst 76054
For more information call 817-248-6295
Bob Francis is the business editor of the Fort Worth Report. Contact him at [email protected] At Fort Worth Report, news decisions are made independently of board members and financial backers. Learn more about our editorial independence policy here.
Small businesses, entrepreneurs, and contractors are eligible for grants ranging from $2,500 to $27,500.
The program is designed to provide financial assistance. small business affected by the COVID-19 pandemic. The allocated funds are intended to assist in the recovery, retention, recruitment, training and development of personnel. Application deadline is Aug. 31, 2022.
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Bob Francis is a business planner. He has covered business issues locally and nationally for many years. He can be contacted at [email protected] More Bob Francis The pandemic and record inflation has left many small businesses struggling to stay afloat.
FORT WORTH, Texas. The pandemic and record inflation have dealt a blow or two to many small businesses in their struggle to stay afloat.
Tareka Lofton has been bringing joy with her frosting spatula for years. She is a talented baker who has been with Loft 22 Cakes and Pastries for five years. He tries to keep his signature brownies out of the oven, but it’s not easy.
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“We had a larger staff at some point,” he said. “But because things are going so slowly right now, I’ve fired others and can’t hire them again because things are going so slowly.”
“We are running at a lower price with inflation for all of our ingredients, heavy cream, butter, all the ingredients we use, eggs, everything is more expensive,” he said.
Lofton and small business owners