A brand new wave of aid is on the way in which for companies within the meals and repair business, amid rising meals prices, inflation and different monetary pressure spurred by the pandemic.
On Tuesday November 1, Texas companies with NAICS Code 722—together with eating places, bars, caterers, and meals vans—can submit their functions on-line for the Texas Travel Industry Recovery Grant Program (TTIR).
Click here to access the page to apply. The button for the portal button is towards the tip of the web page.
It’ll present grants of as much as $20,000 to assist native companies get better from the COVID-19 pandemic.
The Texas Restaurant Association (TRA) led a coalition representing each aspect of the hospitality and tourism business to efficiently advocate for the creation of this program when the Texas Legislature convened late final 12 months.
As the biggest section of the hospitality and tourism business, eating places and different meals and consuming locations obtained the biggest subset of this system’s $180 million complete allocation, and that subset turns into out there on November 1.
Eligibility to use for the TTIR Program relies on a number of elements, however importantly, companies that obtained help from the Paycheck Safety Program or comparable restoration applications aren’t disqualified. And for eating places with a number of places, grants can be found for every qualifying enterprise with a singular Texas Taxpayer ID.
The TTIR Program is being administered by the Texas Financial Improvement Workplace throughout the Workplace of the Governor. A number of assets can be found to assist companies apply for this system including an FAQs page, a webinar on this system, and a video explaining the online application portal.
The TRA encourages any enterprise that could be eligible to evaluation these assets earlier than making use of.
The deadline for functions is November 22. One other wave of funding functions could possibly be introduced at a later date.
“Eating places and different foodservice companies confronted unprecedented challenges on account of authorities closure orders and the COVID-19 pandemic,” mentioned Emily Williams Knight, Ed.D., President & CEO of the TRA. “We’re so happy with the TTIR Program as a result of it’s actually the primary of its type in Texas, and whereas the cash will seemingly fall wanting the necessity, it demonstrates that the State of Texas understands the vital position that the foodservice business performs and the way in which it was particularly impacted by the pandemic. Many eating places are nonetheless struggling over two years after the pandemic began, and so it’s very important that we get the phrase out about these grants. For a lot of eating places, this grant program will go a good distance in direction of serving to them get again on their ft to allow them to proceed to make use of and serve their neighbors for years to come back.”
