The Resiliency Grant covers the costs for eligible applicants to receive business services necessary to help prevent, prepare for and respond to the disruption and impacts of economic shock.
Donor Name: City of Irving
State: Texas
City: Irving
Type of Grant: Grant
Deadline: Ongoing
Details:
Professional business support, training, and technical assistance (TA) services are available through a Resiliency Grant to cover the cost of:
- Business plan writing
- Website development
- Financial readiness
- Business management training
- Marketing and advertising expertise
- Legal, accounting and other services
Eligible Uses
Eligible uses of Resiliency Grant proceeds include costs of professional business support, advice, counseling, training and technical assistance (TA) as outlined in a tailored service plan for the applicant entity.
Eligibility Criteria
To qualify for the Resiliency Grant, an applicant must:
- Be the principal of the applicant entity. A principal is the majority owner of the applicant entity. An applicant entity is the legal business applying for the program.
- Be a small business owner currently operating within the City of Irving, Texas. Businesses that have ceased operations are ineligible.
- Be an eligible private for-profit business. Nonprofits are ineligible.
- Have 100 full-time equivalent(FTE) W-2 employees or less.
- Have gross business revenues not more than $5 million in 2022.
- Certify and demonstrate the business experienced economic hardship due to the COVID-19 public health emergency, such as lost revenue; decline in profits or increased costs; challenges covering payroll and costs to retain employees; maintenance of existing equipment and facilities, such as rent, leases, mortgages, utilities or other operating costs; the capacity of a small business to weather financial hardships; and other general financial insecurity resulting from the public health emergency.
- Not be in default or arrears on past or current federal, state or local financing or funding programs.
- Not be in current litigation with, or have any conflict of interest with, the City of Irving, Texas, or its third-party program administrator (NDC).
For more information, visit City of Irving.
