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Houston City Council approves $10 million to boost Small Business Economic Relief Program
Read full article: Houston City Council approves $10 million to boost Small Business Economic Relief ProgramHOUSTON – The Houston City Council approved $10 million in additional funding for the Small Business Economic Relief Program. The money will come from the CARES Act 2020 funds and will bring the total money set aside for the program to $35 million. The program provides grant assistance to small businesses and chambers of commerce that have been adversely impacted by the COVID-19 pandemic. The maximum amount a business or chamber can receive from the SBERP is $50,000, according to the city. This component is meant to ensure businesses that receive grant funds have a higher likelihood of surviving the pandemic.