The COVID-19 crisis has especially affected our Hidalgo County business community. We are all working toward economic recovery solutions to help businesses get back on their feet.
Hidalgo County has launched the Hidalgo County CARES Small Business Grant Program to assist businesses with expenditures related to the cost of business interruption caused by the required closure related to the COVID-19 pandemic. Funds for the Hidalgo County CARES Small Business Grant Program funds were provided by Congress through the CARES Act to support COVID-19 relief.
Grants in the amounts of $3,000 and $5,000 will be disbursed based on business annual net income of $100,000 or less. Funding for the program is provided by using up to $3.5 million in allocation of the CARES Act funds. This $3.5 million will be available for grant funding, providing over 1,000 small business grants for the program.
Funding will be awarded on a first-come, first-serve basis until funds are depleted.
Click below to access information from federal, state, and private resources available for businesses and employers.