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City of Dallas Small Business Continuity Fund

(April 30, 2020) The City of Dallas officially announced today the Small Business Continuity Fund.


Beginning on May 4th, 2020, the Office of Economic Development will begin accepting applications for the Small Business Continuity Fund (SBCF) program. That application will be accessible at www.dallascityhall.com. The SBCF program is funded through the U.S. Department of Housing and Urban Development’s (HUD) Community Development Block Grant (CDBG) funding, and is available to low-to-moderate income (LMI) microenterprise business owners (less than 5 employees) or small businesses with 50 or fewer employees that retain LMI workers. Businesses must be located in the City of Dallas. Businesses can apply for either a $10,000 maximum grant or a $50,000 maximum loan, but may not apply for both. Businesses must demonstrate at least a 25% reduction in sales/revenue as a result of the COVID-19 virus. Due to CDBG program requirements, non-profits are not eligible for this funding.Applications will be accepted from May 4th to May 11th, 2020. After May 11th, a lottery will conducted to select businesses for funding. Businesses must submit a complete application to be eligible for selection in the lottery, and must be able to provide complete documentation to a third party provider prior to any execution of a grant or loan. If you think your business might be eligible, please check https://www.surveymonkey.com/r/FTK5GCS. For more information, please review the FAQs document or email SBCF@dallascityhall.com.

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