Hays County to offer $600,000 in business grants

The grants will be available to businesses that have not received PPP or Economic Injury Disaster Loans. (Anna Herod/ Community Impact Newspaper)
The grants will be available to businesses that have not received PPP or Economic Injury Disaster Loans. (Anna Herod/ Community Impact Newspaper)

The grants will be available to businesses that have not received PPP or Economic Injury Disaster Loans. (Anna Herod/ Community Impact Newspaper)

An initiative supported by the Hays County Commissioners Court, Greater San Marcos Partnership, PeopleFund and city of Kyle will provide grants of up to $10,000 to businesses that did not receive Paycheck Protection Program loans from the CARES Act or Economic Injury Disaster Loans through the U.S. Small Business Administration.

The Emergency Cash Assistance Program grant fund, or ECAP, is meant to aid businesses challenged by the coronavirus pandemic, and grants will be awarded on the basis of $1,000 per qualifying employee.

Grants are available on a first-come, first-served basis, and nonprofit loan agency PeopleFund will manage the application process.

“Anyone requiring help with navigating the application process or in need technical assistance for their business can contact our team at 512-222-1016," said Gustavo Lasala, president and CEO of PeopleFund.

A press release issued by GSMP states that $600,000 is currently available for disbursement, with $500,000 provided by Hays County and $100,000 contributed by the city of Kyle. The release notes that the amount of available funds has the potential to increase.

“Hays County led this effort, recognizing that some small businesses were not able to access any of the federal assistance programs,” said Jason Giulietti, president of GSMP. “The ECAP fund will provide much-needed relief to members of our business community that are essential to our region’s economy and recovery.”

Grants may be used for the following expenses:

  • working capital (including rent, pre-existing mortgage and utilities)

  • inventory or supplies

  • furniture or fixtures

  • machinery or equipment

  • maintenance or repairs

  • payroll or employment benefits

Applications will be accepted through the end of 2020 or until all funds are awarded.
By Warren Brown
Warren joined Community Impact at the beginning of 2020 as the editor of its New Braunfels paper and now reports the news in San Marcos, Buda and Kyle. Warren previously wrote for the Dallas Observer and Fort Worth Weekly and he brings a passion for truth and equality to his reporting.


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