06/17/2020
Sharing some great information:
Hello Business Owners,
I wanted to share this amazing information/opportunity with you!!
Tarrant County/City of Arlington will be giving $6 million to minority businesses that reside in Tarrant County, up to $10,000 per business, please see flyer below for more information.
The application begins on this coming Monday, June 22nd through Saturday, July 1st. If you can take advantage of this opportunity please do so.
Please share this information with as many minority businesses as you can!
For more information you can call, 817-459-6155.
More details below.
Grant Criteria
•A small business with 25 or less Full-Time Equivalent employees
•Located within Tarrant County, outside the City of Fort Worth
•A for-profit business in operation in Tarrant County as of January 1, 2020
•Applications limited to one (1) business per Owner(s)
•Business was closed or partially closed due to COVID-19
•Business shows a reduction in Net Profit or an increased Loss from COVID-19
ALLOWABLE EXPENSES FOR GRANT REIMBURSEMENT:
•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.