The City of San Antonio is seeking applications for its Small Business Construction Support Grant Program to provide financial support in the form of grants to eligible micro and small business owners whose businesses are located in an area impacted by City-initiated construction projects.
Donor Name: City of San Antonio
State: Texas
City: San Antonio
Type of Grant: Grant
Deadline: 07/15/2024
Size of the Grant: $10,000 to $100,000
Grant Duration: Grant Duration Not Mentioned
Details:
The program, funded by the City of San Antonio and administered by LiftFund, has dedicated $1,459,168 in funding to support for-profit small businesses with grants between $5,000 and $35,000.
Eligibility Criteria
- Have a minimum of $10,000 gross sales in 2022.
- Be a retail or service business that requires customer foot traffic for operations.
- Meet the SBA Size standard for small business based on your 6-digit NAICS code.
- Demonstrate net profit/loss in 2022 that is at least $5,000 greater than net/profit loss in 2023. Net profit/loss is based on Line 29 of Schedule C, Line 30 of 1120, Line 21 of 1120S or Line 22 of 1065.
- Be currently in operation and not have filed for bankruptcy during duration of application process.
- Be located within an eligible construction zone and remain for one year from date of grant award.
- Check if your business address is located within a construction zone at COSA Construction Zone Check.
- Not be in the following categories: non-profits, gambling/gaming businesses; franchisors; sexually oriented businesses; payday & auto loan providers; liquor stores and businesses in which a City employee or officer has a financial interest.
- Applicant must be majority owner of the business, or equal share owner with a partner.
- Grant awards are limited to one per business at each physical address within the City of San Antonio. Grant applicants with multiple businesses in eligible construction zones are eligible to receive more than one grant award if the applicant can financially differentiate between the businesses (e.g., provide separate financial statements for each business) and each business meets all of the eligibility criteria.
For more information, visit City of San Antonio.
