San Antonio City Council approves $31 million to help small businesses recover from pandemic

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The plan provides short-term relief through $17 million in direct grants to businesses hardest hit by the pandemic. SanAntonio SATX SanAntonioTX SmallBusiness COVIDRelief ARPA pandemic COVID19

Kitchen staff work at an independently owned San Antonio restaurant. City council on Thursday approved nearly $31 million in pandemic relief for local small businesses.

The plan, approved Thursday, provides short-term relief through $17 million in direct grants to small businesses hardest hit by the pandemic. Those grants will be administered by LiftFund US, a nonprofit that helps startups and entrepreneurs obtain small-business loans, SBA loans and microloans. The plan to spend the federal funds was crafted with public input from the city’s Small Business Advisory Commission, a survey of local small business owners and feedback from the community and council.$1.45 million to help small businesses strengthen capabilities such as web presence and administrative support.

 

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