The Tarrant County Small Business Assistance Grant program is designed to provide financial assistance to very small businesses located and operating in Tarrant county (outside the City of Fort Worth) that have been adversely affected by the current COVID-19 public health emergency and most likely have found it difficult to apply and access other federal grants or loans through the SBA or traditional banks and lending institutions. This grant program is aimed at assisting small businesses with the costs of business interruption caused by required closures. The dollar amount of individual grants will be determined by the financial information provided, the number of eligible grant applications received and the funding pool available, with no individual grant being more than $10,000.
Grant funding is limited to businesses who meet certain criteria, including:
A small business with 25 or less employees
Located within Tarrant County, outside the City of Fort Worth
A for-profit business open and operating in Tarrant County as of January 1, 2020
Business was closed or partially closed due to COVID-19
Business shows a reduction in revenue or an increased loss from COVID-19
Applications limited to one (1) business per Owner(s)
For the Second Round of funding, independently owned and operated (non-franchisor owned) franchise businesses have now been included as an eligible business.