Governor Abbott Announces Temporary Pause Of Additional Reopening Phases
AUSTIN – Governor Greg Abbott today announced that the State of Texas will pause any further phases to open Texas as the state responds to the recent increase in positive COVID-19 cases and hospitalizations. Businesses that are permitted to open under the previous phases can continue to operate at the designated occupancy levels and under…
Preserve the Fort Small Business Grant Application Is Now Open
Fort Worth recently received approximately $158 million in funding from the CARES Act, and is partnering with the United Way of Tarrant County to distribute $10 million of those funds to Fort Worth businesses through the Preserve the Fort grant program. Of this $10 million, $5 million will go towards supporting businesses across Fort Worth.…
City of Fort Worth and PeopleFund launch new microloan program supporting local businesses
The City of Fort Worth is teaming up with PeopleFund to launch the Business Resiliency Microloan Program, which is prepared to provide at least $850,000 to eligible businesses in Fort Worth who are being impacted by the COVID-19 crisis. These loans may be used to pay fixed debts, payroll or accounts payable, or cover other…
Small Business Paycheck Protection Program, SBA Disaster Loans provide important financial relief for small businesses affected by COVID-19
Congress recently approved the CARES Act, a federal bill to provide economic relief for individuals and businesses in light of the COVID-19 pandemic. One major component of the CARES Act is the Small Business Paycheck Protection Program, which provides small businesses with enough funds to pay up to eight weeks of payroll costs, including benefits.…
Black Business Putting Up A Fight In Spite Of Virus
There’s an old saying that “when White America gets a cold, Black America gets pneumonia.” Black businesses, like most others, will be seriously challenged during this national disaster, especially those that are start-ups and those which are in the service industry. Still, some, like several food-service businesses, have adapted well to the rules that say…
Stay at Home Declaration Extended
The Fort Worth City Council extended the emergency declaration that was signed by Mayor Betsy Price on Tuesday, March 24, 2020, to implement stay home, work safe restrictions to help combat the spread and impact of COVID-19 on the City of Fort Worth. This action extends the declaration through April 7, 2020. Individuals are to…