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San Antonio and LiftFund to provide funding for local small businesses impacted by construction

See how the city is assisting businesses due to construction around the downtown-area

SATXtoday: Road construction Esquire

The City of San Antonio and the LiftFund are offering resources for small businesses located downtown affected by the ongoing construction.

Photo by City of San Antonio.

The City of San Antonio is now accepting applications for its Small Business Construction Support grant that aims to relieve the burden local establishments have face due to on-going downtown construction.

This program is looking to specifically target businesses near one of eight specific construction sites that began work between June 2020 and February 2023. Applications will be scored based on need and not on a first-come, first-served basis. If your business qualifies, you may receive up to $35,000 in grant funding to help offset losses in 2023.

Here’s a few of the eligibility requirements:

  • Have a minimum of $10,000 gross sales in 2022
  • Own the business + have a formation date on or before Jan. 1, 2022
  • Demonstrate net profit/loss in 2022 that is at least $5,000 greater than net/profit loss in 2023
  • Be currently in operation and not have filed for bankruptcy at any point in the application process
  • Meet the SBA Size standard for small business

Check out the full list.

Ready to apply? Applications close on Monday, July 15. You can find additional details on the grant program website, including a registration link for an info session on Friday, June 21.

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