June News & Notes
Who’s ready to make this month an amazing one for economic development? Check out the news and notes for business owners!
Small Business Administration
Restaurant Revitalization Fund
The American Rescue Plan Act established the Restaurant Revitalization Fund (RRF) to provide funding to help restaurants and other eligible businesses keep their doors open. This program will provide restaurants with funding equal to their pandemic-related revenue loss up to $10 million per business and no more than $5 million per physical location. Recipients are not required to repay the funding as long as funds are used for eligible uses no later than March 11, 2023.
Registration for the SBA application portal is now open. Applications will open on Monday, May 3, 2021, at noon ET. See How to apply for more detail.
Shuttered Venue Operators Grant Application
The Shuttered Venue Operators Grant program was established in the Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act and amended by the American Rescue Plan Act to provide over $16.2 billion in economic relief to target industries. This SVOG portal is now open to receive applications.
Pilot Point Chamber of Commerce
The Pilot Point Chamber is back to having in-person events! Don’t miss these great networking opportunities:
TWU Center for Woman Entrepreneurs Workshops & Gatherings
Resources Available With Women’s Business Council Southwest
Join us on Tuesday, June 8 to learn about the resources for women business owners with the Women’s Business Council – Southwest (WBCS), one of 14 regional partners of the Women’s Business Enterprise National Council (WBENC), the largest certifier of women-owned businesses in the US.
If you are looking to grow your business with corporate America or government entities, you will receive information about how certification can open doors and assist in the process. WBCS also offers education and networking opportunities through monthly events.
See descriptions and register for events here
NCTC Small Business Development Events
- PPP Forgiveness Updates | June 8
- Professionalism Defined: What Does it Mean and Why You Must Care | June 16
- Five Keys to Being a True Professional, Part 1 | June 23
- Five Keys to Being a True Professional, Part 2 | June 30
See more info here
Governor’s Small Business Portal
Whether you are an aspiring entrepreneur or an established business owner, the Governor’s Small Business Resource Portal will provide you with the most relevant resources and contacts to help you find success. This important tool offers a customized list of useful business resources to assist you in starting or growing your business in Texas.
The portal is easy to access and use—simply answer five short questions to generate your tailored resource list. For your convenience, you may print or email the results directly from the portal.
Types of information included in the portal:
- Federal, State and Local Resources
- Business Advice and Growth Assistance
- Funding Sources
- Additional Specific Resources
See all the details here