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Tarrant County Small Business Assistance Grant

Grants to Texas Small Businesses in Eligible
Areas for Support During the Coronavirus Crisis

Agency Type:

Local

Funding Source:

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Tarrant County Commissioners Court

Deadline Date:

11/10/20 6:00 PM

Description:

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Grants of up to $10,000 to Texas small businesses in eligible locations for support during the Coronavirus (COVID-19) health crisis. Funding is intended to assist local small businesses that are negatively impacted by the pandemic, and that have found it difficult to access funds from other sources. This grant program aims to help very small businesses in Tarrant County with the costs of business interruption caused by required closures.

Types of Allowable Expenses for Grant Funding Consideration

  • Payroll costs for employees
  • Contract labor
  • Supplier payments
  • Rent, lease or mortgage payment (excluding escrow for property taxes) for real property used for business purposes (i.e. storefront or warehouse, excluding personal residence.)
  • Rent, lease or purchase payment for business property (e.g., delivery vehicle; food truck; kitchen equipment; technology, payment, and communications systems and equipment)
  • New or expanded technology applications and Wi-Fi services
  • Utility payments for business properties (excluding personal residence)
  • Cost of critical business operations (raw materials, inventory spoilage, etc. payments)
  • PPE and sanitation supplies and equipment
  • Interest on other business debt obligations incurred before January 1, 2020 (excluding personal residence)
  • Other reimbursable costs of business interruption contemplated by the CARES Act.

GrantWatch ID#:

GrantWatch ID#: 190745

Estimated Total Program Funding:

$30,000,000

Estimated Size of Grant:

The dollar amount of individual grants will be determined by the financial information provided, the number of eligible grant applications received and the funding pool available, with no individual grant being more than $10,000.

Term of Contract:

Grants cover costs incurred between March 1, 2020, and December 30, 2020.

Additional Eligibility Criteria:

Eligibility:
- A small business with 25 or less employees
- Located within Tarrant County, outside the City of Fort Worth
- A for-profit business open and operating in Tarrant County as of January 1, 2020
- Business was closed or partially closed due to COVID-19
- Business shows a reduction in revenue or an increased loss from COVID-19

For the Second Round of funding, independently owned and operated (non-franchisor-owned) franchise businesses have now been included as an eligible business.

Businesses/Owners receiving a previous Tarrant County Small Business Assistance grant award will NOT be eligible for another grant award in the second round. Owners with more than one business who received grant funding for a business in the first round will NOT be eligible to receive grant funds for a different business in the second round.

For a list of ineligible business entities, see:
http://www.tarrantcounty.com/en/county/small-business/ineligible-business-entities.html

Pre-Application Information:

Applications will close on November 10, 2020, at 6:00 PM.

Applications are limited to one business per owner.

FAQ: http://www.tarrantcounty.com/en/county/small-business/grant-faqs.html

Additional information: http://www.tarrantcounty.com/en/county/small-business/information-and-requirements.html

Contact Information:

Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.

Apply online: https://webportalapp.com/sp/login/tarrantphase2

For assistance contact TCSBGrant@tarrantcounty.com

Tarrant County
100 E. Weatherford
Fort Worth, TX 76196

URL for Full Text (RFP):

Geographic Focus:

USA: Texas: Tarrant County

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