Construction Grant Info Session & Application Assistance

Are you a retail or service business struggling due to nearby construction? The Maestro Entrepreneur Center is here to help! We are hosting a grant session to provide information and answer questions about our grant program designed to assist businesses impacted by construction zones.

This grant program is for you if:

• Your business is located in a designated San Antonio construction zone.
• You experienced a decline in net profit/loss from 2022 to 2023 (at least $5,000 difference).
• You had a minimum of $10,000 in gross sales in 2022.
• You are a small business according to SBA Size Standards (based on your NAICS code).
• You've owned the business since before January 1st, 2022.
• Your business is currently operating and hasn't filed for bankruptcy.
• You are the majority owner or an equal share owner with a partner.

This session will cover:

• Eligibility requirements
• Application process
• Grant award details: Grants will range from $5,000 to $35,000 to eligible small, for-profit businesses. Qualified applicants can be awarded up to 100% of the difference in net income between 2023 and 2022.
• Approved funds can be used for: Payroll/healthcare benefits, contract labor, working capital, business rent or mortgage payments for business property, supplier payments, machinery and equipment, critical operating expenses, and utility payments for business locations (excluding personal residence).
• Tips for a successful application

Don't miss out on this opportunity to receive financial assistance!

Join us at the Maestro Entrepreneur Center for our Grant Session.

Date: June 27, 2024 Time: 9:00 am - 12:00 pm

Space is limited, so RSVP today!

Be prepared to fill out an application! To save time, please bring the following required documents with you:

• Current Driver's license or government-issued photo ID.
• Proof of business registration with Bexar County or TX Secretary of State.
• Proof of business address: Utility bill (water, gas, electric), current lease, or monthly rental invoice.
• 2022 and 2023 filed business tax return. Applicants without a filed tax return for both years will not be considered. Acceptable return formats are Schedule Cs, 1120, 1120S and 1065.
• Most recent business bank statement
• Q1 2024 Form 941 or Q1 2024 payroll report (if the business hires employees in addition to the owner)

Representatives from the City of San Antonio Economic Development Office will be present to assist with applications! They can answer your questions and help you navigate the process.

Host or Publisher Maestro Entrepreneur Center