The Fort Bend County Commissioners Court has approved a small business emergency grant program to assist businesses impacted by Covid-19. Additional funds were approved April 27, 2021 to provide financial assistance to the small business community.
Registration Available Mon, May 17 2021 to Thu, Mar 31 2022
You are eligible for ARPA Small Business grant funds up to the level of grant based on your 2020 annual revenue. The requirements for this grant are:
Must been fully operational as a small business as of December 30, 2019 (Businesses that can demonstrate start-up investments and launch activities prior to March 1, 2020 will also be considered for the Level 1 Award.)
Must show an annual revenue decline of 25% or more for the year (2019-2020)
Must have filed or completed tax returns for two (2) consecutive years (i.e., 2019 and 2020; or 2018 and 2019) in the business name.
You may apply for another grant if you have received additional grant money from Fort Bend County.
Must have exhausted all funds from the first payment for expenditures incurred through December 31, 2020.
Receipts and documentation for all expenditures incurred through December 31, 2021 must be submitted for audit purposes within 30 days of grant disbursement of funds.
Funds dispersed to the Small Businesses that are not documented or deemed ineligible uses of funds, would need to be repaid within 30 days of notice.
Eligibility is based on annual revenue in 2020
Annual Revenue of $25,000-$100,000= $5,000 Grant
Annual Revenue of $100,001-$2,000,000= $15,000 Grant
Annual Revenue of $2,000,000-$5,000,000= $25,000 Grant