• February 28, 2021
 El Paso Hispanic Chamber of Commerce to grant $170K in aid to Small Businesses

El Paso Hispanic Chamber of Commerce to grant $170K in aid to Small Businesses

The El Paso Hispanic Chamber of Commerce announced Tuesday morning that they are now accepting applications for our “Small Street-Main Street Grant Assistance Program.”

CEO Cindy Ramos-Davidson urges businesses to take advantage of this opportunity, saying “the Small Street-Main Street Grant Assistance Program is an invaluable resource that businesses can utilize during these distressful times…please contact our office and apply today!”

EPHCC officials added that the central aim of this program is to help local businesses improve these safety measures, ultimately fostering a sense of security for both customers and employees.

The El Paso Hispanic Chamber of Commerce will award $170,000 in grants to eligible small, minority, women and veteran-owned businesses registered and operating in the city of El Paso.

Eligible businesses can receive grants from $1,500 to $5,000. These funds can be used to purchase pandemic-related safety equipment; businesses may also use these funds to pay outstanding rent or utility bill balances.

To be considered eligible to apply for the “Small Street-Main Street Grant Assistance Program,” a business must meet the following requirements:

The business must be registered and operating as a small, minority, women or veteran-owned business in the City of El Paso.

Acceptable documents that will be used to confirm business registration include an Assumed Name License, Texas Sales Tax Certificate, State of Texas business filing, or a utility bill containing the name of the business. Moreover, a business must have been in operation since January 1, 2019.

The business must employ under twenty employees, and annual gross revenues for fiscal year 2019 cannot exceed $1,000,000.  Lastly, a business must provide documented proof that reveals an adverse effect on business caused by the coronavirus pandemic.

To prove that a negative effect was experienced, a business can provide a 2019 and 2020 Profit & Loss statement from the same month, a 2019 and 2020 bank statement from the same month, or a City of El Paso approved “Self-Certification of Negative Impact” form.

If a business is sexually oriented as defined by El Paso City code, derives more than one-third of its annual income from gambling activities, engages in illegal activities, sells cannabis or cannabis related products, finances companies, or is currently in an active bankruptcy, it is not eligible to apply for the program.

In addition, churches, religious institutions, non-profit organizations, or government entities are not eligible.

The funds allocated to recipients should only be used to ensure the sustainable operation of the business, such as unpaid rent or utility bills, or to purchase pandemic-related safeguards for the business. Such safeguards include sneeze guards, floor decals for spacing, face shields, and disinfectant products.

Officials say the grant money cannot be used for salaries, food or beverages, or travel expenses. The full list of eligible and non-eligible use of funds can be found via their website.

The deadline to apply is November 20, 2020. Completed applications can be hand delivered to our office located at 2401 East Missouri, Monday-Friday from 8:30 a.m. to 5:30 p.m.

Applications can also be sent via email to the project coordinator, Ms. Elvira Soto at esoto@ephcc.org.

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