Small businesses in Houston and Harris County could soon have another avenue to further expedite economic recovery from effects of the COVID-19 pandemic.

Small businesses in Houston and Harris County could soon have another avenue to further expedite economic recovery from effects of the COVID-19 pandemic.

A Tuesday news release from County Judge Lina Hidalgo’s office said Harris County had approved a new $30 million relief fund to support micro and small businesses recovering from the economic effects of COVID-19.

Qualified, eligible small business owners can receive grants starting at $5,000 and get as much as $25,000 from the Small Business Recovery Fund, which was created with funding from the American Rescue Plan Act (ARPA).

“Small businesses generate jobs and provide needed products and services in our community,” Precinct 4 County Commissioner Jack Cagle said. “The new small business recovery fund will not only strengthen small businesses but our neighborhoods as well.”

The county said many small business owners in the county were forced to close, while others enacted layoffs and reduced their hours of operation. Funds from the $30 million fund will be distributed by LiftFund. The nonprofit community development financial institution provides aid to small business owners across its 15-state footprint, the county said, including more than $6.1 million in funding for Harris County small business owners.”

More information about applications and eligibility requirements will be forthcoming, the county said. Since the beginning of the pandemic in spring 2020, the county said it has provided micro and small businesses with $40 million in funding.

“We stand with our small business owners in their fight to emerge from the pandemic,” Hidalgo said. “And this $30 million investment is a necessary boost.”

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