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COVID-19 Small Business Grants

The Small Business COVID-19 Relief Grant Program provides grant funding to small businesses in Abilene, Texas impacted by COVID-19.

Applications for a second round of funding are open June 7-June 30, 2021. Interested businesses must read all eligibility requirements below -- prior to applying -- to determine if you qualify. Once you've read all requirements, click the APPLY HERE button in the Step 3 section below.

Quick Notes:

  • This is a grant, not a loan, which means qualifying businesses will receive funds without owing anything back.
  • If your business received PPP or EIDL funds, this does not disqualify you from applying!
  • The eligibility requirements below are set by local, state and federal governments. The Community Foundation of Abilene is merely responsible for awarding the grants in accordance with these guidelines.
  • For a 6-minute video overview of this round of funding, click the button below.

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STEP 1: ELIGIBILITY - You must start here.

It's important to read all requirements to make sure you are eligible before proceeding. We have listed some of the main requirements below for your quick review. You can find the complete list of all requirements in this Program Guidelines document.

  • Business must be located within Abilene city limits.
  • Cannot be a home-based business. Must have a physical store-front or office outside the home. Applicant must provide a Certificate of Occupancy to validate the location. Check the status of your Certificate of Occupancy with the City of Abilene here. Contact Building Inspection at 325-676-6273 for assistance.
  • Must have been in operation as of March 16, 2019 and show a loss of revenue in 2020 due to COVID-19.
  • Business grossed $750k/year or less in 2020. This is based on total annual gross receipts and sales documented on your 2020 tax form. If you have not yet filed 2020 taxes, you may submit a profit-and-loss statement as proof.
  • Must have 50 or fewer employees.
  • The owner and/or at least one employee must qualify as low- to moderate-income (LMI) for our region, according to HUD's limits. See HUD's chart and the Job Retention section of the Program Guidelines for more information.
  • Funds can be spent on: overhead expenses, payroll (some exclusions), rent, utilities, necessary equipment to continue business operations, among others.
  • Funds are not available for nonprofit organizations.

OTHER REQUIREMENTS: Before moving on to Step 2, see the full list of eligibility requirements and eligible expenses in the Program Guidelines here.

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STEP 2: DOCUMENTS

If your business meets all eligibility requirements above (make sure you review the full Program Guidelines document), then you are ready for Step 2:

Review this list of required documents. You must be able to provide all of these documents during the application process. One you have confirmed you meet all requirements and can provide the appropriate documents, proceed to Step 3.

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STEP 3: APPLICATION - Only if you meet all requirements in Steps 1 & 2.

Does your business meet all eligibility requirements and can provide all required documents? Then you are ready to apply!

Applications are open through June 30. The button below will take you to an application portal. If you need help using the application portal, review this applicant tutorial here.

If you have questions about the program, contact Grants Associate Kassidy Nygaard at 325-676-3883 or email knygaard@cfabilene.org.

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SUPPORT & PARTNERS

HELP WITH THE APPLICATION PROCESS:

The CFA is working closely with the Abilene Small Business Development Center (SBDC) to assist small businesses with the application process. Business owners that need assistance with the support documentation required for this application can get no-cost guidance through our local SBDC. Please call their office at 325-670-0300 to register for their free services. https://www.abilenesbdc.org/

WHERE THE FUNDING COMES FROM:

The program is funded through a grant to the City of Abilene from the U.S. Department of Housing and Urban Development, Coronavirus Aid, Relief Economic Security Act (CARES Act). In response to the economic hardships experienced by small businesses resulting from the COVID-19 pandemic, the Community Foundation of Abilene will administer funds to retain jobs and stabilize local businesses. Grant funds may be used for overhead expenses, rent, utilities, and necessary equipment to continue business operations, among others.

The program is subject to the availability of funds, compliance with program guidelines and submission of the required application and supporting documentation.