Helotes Economic Development (HEDC) encourages small businesses within the City of Helotes to diversify by establishing and promoting e-commerce sales to complement their brick-and-mortar storefront for the retail and service industry.
Donor Name: City of Helotes
State: Texas
City: Helotes
Type of Grant: Grant
Deadline: Ongoing
Size of the Grant: $5,000
Detail:
E-commerce has become increasingly important for businesses in the past decade and the COVID19 pandemic has magnified its significance in business models. Consumer behavior continues to change rapidly. Growing E-commerce businesses during this crisis will result in stronger Helotes businesses post-COVID19.
Funding Information
Helotes Economic Development is committing $75,000 to this marketing program that provides a maximum $5,000 matching grant per business to reimburse up to 75% of total project cost to establish, operate, and promote e-commerce for their business.
Grant funds are to be used to cover approved costs as determined by the Helotes Economic Development staff and board, and are subject to the eligibility requirements.
Grantees will qualify under one of two Levels:
- LAUNCH E-COMMERCE
- Online presence established and E-commerce sales begin. Promotional efforts begin. Expense ratio up to 75% Preparation & 25% Promotion.
- AMPLIFY E-COMMERCE
- E-commerce enhanced & promotions increased. Expense ratio up to 25% Preparation & 75% Promotion.
Eligibility Criteria
- Business holds a current Certificate of Occupancy and is located within the corporate limits of the City of Helotes
- Businesses must be for-profit
- Business must operate at least one storefront location within the Helotes city limit. Excludes: temporary locations, farmer’s market vendors, consignment vendors, etc.
- All of E-commerce transactions for the Helotes business location must be fulfilled in Helotes
- Businesses must be in good standing with the City of Helotes with respect to taxes, fees, or other financial obligations, and is in compliance with all applicable zoning, land use, and other ordinances
- Business owner must provide a no litigation certificate.
- Small businesses shall be defined by the HEDC and may be based upon the following, non-exclusive list of factors:
- Annual gross revenue of not more than $4 million;
- Must have 40 or fewer FTE (full time equivalent) employees;
- Number of business locations.
For more information, visit Helotes E-Commerce Accelerator Incentive Program.