The Harris County Commissioners Court on Tuesday unanimously approved a $30 million grant program to assist small businesses that have been negatively impacted by the economic downturn associated with the COVID-19 pandemic.
The Small Business Recovery Fund is designed to help businesses with 30 employees or fewer that were unable to obtain financial assistance from other COVID-19 relief programs, including the county’s $10 million program in March. Using money from the federal CARES Act, the new fund will provide grants of up to $25,000 to help eligible businesses cover payroll costs, rent, accounts payable and other operating expenses.
“The need in our region is immense, but we will support as many of our vulnerable businesses as possible, fairly and transparently, so that the thousands of families who rely on small businesses continue to have the ability to pay their rent, feed their families, and make ends meet,” Precinct 1 Commissioner Rodney Ellis said in a news release from the county.
The relief program will launch at 8 a.m. July 13 and remain open through July 22. The county said Tuesday that more details about eligibility requirements and how to access the assistance application online and over the phone would be announced in the coming days.