About The Grant
The City of Laredo Outdoor Spaces Grant Program aims to provide essential financial support to small businesses and nonprofit organizations in Laredo, Texas. This initiative, administered by LiftFund, is particularly focused on aiding businesses that have faced operational challenges due to the pandemic. Participants can choose from two distinct grant tracks: the Pandemic Recovery Grant aimed at immediate business needs and the Outdoor Space Improvement Grant dedicated to enhancing physical spaces.
The program offers a range of financial assistance, with grants available up to $100,000. The funding can be utilized for working capital, inventory, and utility expenses, along with costs related to outdoor space improvements, including design and construction. The flexibility of these grants allows businesses to address both short-term and long-term recovery needs, stimulating growth and revitalization within the local community.
Important Details
- Application Deadline: Ongoing
- Link to Application: Apply Here
- Donor Name: LiftFund
- State(s): Texas
- Grant Duration: Grant Duration Not Mentioned
- Grant Amount: $10,000 to $100,000
- Qualification Criteria:
- Business must be located within the City of Laredo.
- Annual gross sales between $10,000 and $2 million.
- Must demonstrate negative impact on operations due to the pandemic.
- Must be in good standing with the Texas Comptroller’s Office.
- Business must not fall under prohibited industries.
- Must have been operating on or before May 11, 2023.
Taking Action
Latino small business owners are encouraged to apply for the City of Laredo Outdoor Spaces Grant Program and take advantage of this opportunity to boost their operations. Share this information with your network to help fellow entrepreneurs benefit from this crucial funding!
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