Home COVID-19 Breaking News: Helotes Small Business Grant Program

Breaking News: Helotes Small Business Grant Program

17
332651509 Helotes Small Business Grant Program

City of Helotes and Helotes Economic Development Corporation Launch Helotes Small Business Grant Program

Eligible businesses may qualify for grants of up to $10,000

HELOTES, TX— The Helotes Small Business Grant Program will bring relief to small businesses impacted by the COVID-19 pandemic with funding of $390,000 to establish grants of up to $10,000 for eligible businesses.

To meet eligibility guidelines, businesses must meet the following qualifications:

  • Business is located within the City of Helotes’ full purpose jurisdictional boundaries
  • Have not received grants or loans from Bexar County LiftFund Small Business Relief Program
  • Small businesses with 10 or fewer full-time equivalent (FTE) employees and less than $1 million net revenue
  • In operation since May 2019
  • Other eligibility requirements as listed on the program website

To determine eligibility, businesses should review program details at helotesedc.com/HelotesGrant. Applications are being accepted now. The deadline to apply is September 18, 2020 by 8:00 p.m.

The nonprofit economic development organization BCL of Texas will administer this program. Businesses who participate in the Helotes Small Business Grant Program will work with BCL’s small business coaches to process the grant applications and coordinate funding.

Helotes Economic Development Corporation (EDC) Director and Helotes City Administrator Marian Mendoza said, “Small businesses are the heart of our City. We are pleased to provide financial relief to small businesses adversely impacted by the COVID-19 pandemic. These types of programs are part of the EDC’s ongoing commitment to support and assist our local business community.”

To learn more and determine if you are eligible for this program, visit www.helotesedc.com/HelotesGrant or call 210-864-3111.

About the Helotes Economic Development Corporation:

The City of Helotes Economic Development Corporation (EDC) was created in 2003 after the citizens of Helotes voted for the imposition of a 1/2 cent 4B sales tax. Our mission is to promote, encourage, and enhance the creation of jobs, the expansion of the local tax base, and our quality-of-life through projects that assist in the retention and expansion of existing employers and which attract new employers and aid in their development and growth. Learn more at helotesedc.com.

About BCL of Texas:

Established in 1990 as a statewide not-for-profit Certified Development Corporation, BCL of Texas successfully promotes business and community development and provides business capital and commercial real estate loans throughout Texas. True to its mission to create jobs through business development, BCL of Texas has helped to create jobs for nearly 6,000 Texans. In addition to providing businesses with counseling and technical assistance, BCL of Texas originates, underwrites, processes, closes and services business loans to healthy, growing businesses. 

The organization also offers homebuyer education classes, assists first-time homebuyers with the purchase of their first home and helps customers remain responsible and successful homebuyers. BCL of Texas is a member of the nation-wide NeighborWorks® Network, which engages in revitalization strategies that strengthen communities and transform lives. For more information go to bcloftexas.org.