LA MARQUE

The La Marque Financial Growth Corp. board of administrators final week authorized a second spherical of emergency grants for native companies.

The Emergency Enterprise Retention Program was designed to help enterprise house owners affected by a lack of income due to the COVID-19 pandemic.

The primary spherical of the grants totaled practically $550,000 and assisted 64 La Marque companies, improvement company spokeswoman Colleen Martin mentioned.

“La Marque Metropolis Council and La Marque EDC Board of Administrators noticed a must open spherical two of our Emergency Enterprise Retention Program because of the size of this pandemic and the period of time companies have needed to keep closed or have suffered monetary burden because of circumstances exterior their management,” improvement company Govt Director Alex Getty mentioned.

Each qualifying enterprise working within the metropolis limits of La Marque is inspired to use. Functions and supporting documentation have to be submitted no later than midday on Tuesday, officers mentioned.

The four-page software and supplemental kinds can be found for obtain from cityoflamarque.org. All purposes and supporting documentation have to be submitted by e mail to EDCgrants@LMEDC.com, by fax to 832-447-7668 or dropped off on the La Marque Metropolis Corridor drive-through window or night time dropbox, officers mentioned.

Spherical-two funding is on the market to all enterprise house owners, whether or not or not they participated within the first spherical of grant funding. Spherical-two funding will first go to certified companies that did not obtain funding in spherical one. Ought to funds stay, enterprise house owners who obtained funding through the first spherical will likely be eligible.

To qualify for a grant from the La Marque EDC, candidates should preserve a enterprise with a bodily tackle inside La Marque metropolis limits that is not a residence, that generates gross sales tax income for town of La Marque, and that employs 50 or fewer folks.

Certified candidates can be eligible for grants funding as much as two months’ price of salaries, hire, utilities and different regular working bills for as much as $25,000. 

“We work to draw new companies to La Marque day by day, however throughout this unprecedented time, our focus has shifted primarily to retaining our present companies,” Getty mentioned. “We wish to assist the oldsters who’ve invested in our metropolis and opened companies in La Marque. We hope these grants assist bridge the hole created by COVID-19.”

For extra info, contact Martin at 409-938-9255 or e mail cmartin@cityoflamarque.org.