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In the News

TDA hosts workshop, webinar for small and microenterprise fund

Wednesday, April 20, 2016
Source: Texas Department of Agriculture

The Texas Department of Agriculture will conduct a workshop and a webinar for communities interested in applying for grant funds to support small businesses and microenterprises in their jurisdictions.

A Small and Microenterprise Revolving Loan Fund (SMRF) grant workshop will be held at 10 a.m., Tuesday, May 3, at 1700 Congress Avenue in Austin. The webinar on the same topic will be at 2 p.m., Thursday, June 9.

> Register for the grant workshop.
> Get the link for the webinar.

SMRF provides funds for rural communities to invest in new or existing small businesses and microenterprises. In cooperation with a qualified, nonprofit development organization, SMRF monies are loaned to local small businesses and microenterprises to support job creation and retention activity for predominately low and moderate income persons. Once the contractual job creation or retention requirements are satisfied, the contract is monitored for compliance and closed by TDA.

Eligible applicants are non-entitlement local governments, incorporated cities and counties not participating or designated as eligible to participate in the entitlement portion of the federal Community Development Block Grant Program. Non-entitlement cities that are not participating in urban county programs through existing participation agreements are eligible applicants unless the city’s population counts toward the urban county CDBG allocation.

> Learn more about the SMFR grant.
> Go to TDA’s websites. 
> Read about the CAPCOG Planning and Economic Development Division.

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