Financial & Technical Assistance

Local, state, and federal opportunities for financial assistance including grants, loans, and technical assistance.

Local Assistance

Technology Solutions Grant Program

Administered By:
Workforce Solutions Borderplex

Assistance Amount:
Based on Needs

Program Type:
Technical & Equipment Acquisition Assistance for Local Businesses

Small Loan Programs

Administered By:
LiftFund

Loan Amounts:
Up to $50K

Program Type:
Zero Interest & Forgivable Loan Program

Program Description:
LiftFund loans are provided for Commercial Real Estate Purchases, Equipment, Inventory, Leasehold Improvements, Supplies, Vehicles and Working Capital. Apply now and a team member will review your information and documents to find a LiftFund product that fits your business goals and budget.

LiftFund Events

Administered By:
LiftFund

Assistance Amounts:
Vary based on need

Program Description:
LiftFund’s events cover a wide range of training to help small business owners learn new skills, navigate the complexities of business ownership, and meet other members of LiftFund’s community. See which LiftFunds events can help you grow your business.

LiftFund Dream Makers Fund

Administered By:
LiftFund

Assistance Amounts:
Vary based on need

Program Description:
LiftFund offers small business loans to entrepreneurs who are ready to grow and strengthen their businesses. LiftFund provides loans for Commercial Real Estate Purchases, Equipment, Inventory, Leasehold Improvements, Supplies, Vehicles, and Working Capital.

People Fund

Administered By:
People Fund

Assistance Amounts:
Vary based on need

Program Description:
PeopleFund’s small business loans help entrepreneurs enhance their businesses and keep local economies growing. With financing available for equipment purchases, permanent working capital term loans, and revolving lines of credit, we provide access to capital with low down payment or equity contribution, flexible underwriting, no pre-payment penalties, and a lending team dedicated to helping you succeed.

Financial Support for Women

Administered By:
Just

Assistance Amounts:
Vary based on need

Program Description:
JUST invests in ambitious Texas women to start and grow your business. Based on trust, we have created a different way for hard working families to get ahead both personally and professionally.

Large Loan Program

Administered By:
Borderplex Community Capital (EP Community Foundation)

Loan Amounts:
$35k to 125K

Program Type:
Zero Interest & Forgivable Loan Program

 

 

Commercial Assistance Grant Programs

Administered By:
El Paso Chamber & El Paso Hispanic Chamber


Assistance Amounts:
Up to $10,000

Program Type:
Microgrants for Commercial Mortgage/Rental & Utility Assistance

Build Safe Grant
Programs

Administered By:
El Paso Chamber & El Paso Hispanic Chamber

Assistance Amounts:
Up to $10,000

Program Type:
Microgrants Supporting Operational Safety Improvements (PPE/Guards/Signage)

Financial and Technical Assistance/Training

El Paso Small Business Development Center

Administered By:
SBDC

Assistance Amounts:
Vary based on need

Program Description:
The El Paso Small Business Development Center provides no-cost business advising to help small business owners grow their business in a smart way. EPSBDC also provides no-cost training through seminars and online training. 

SMALL BUSINESS SUPPORT PROGRAMS

Administered By:
Project Vida

Assistance Amounts:
Vary based on need

Program Description:
Project Vida works with the community to bring solutions in a time of need. We will offer our support to nearly 1,000 businesses through the Build Safe Program, Small Business Relief and Recovery and Go Digital. To apply to our programs please click down below.

 

Don't miss out on local financial assistance opportunities for small bussinesses.

Sign up to receive information regarding grants, loans, and services as they become available.

NOTE: This is NOT an application for grants, loans, or services. It is your responsibility to reach out directly to program administrators of the various grant, loan, and assistance programs if they have not contacted you directly. For assistance please contact the El Paso County Economic Development Department at [email protected] or call (915) 546-2177

State & Federal Assistance

SBA COVID-19 Private Funding Options

A resource of private funding options to help small businesses. Browse options available nationally, or input a zip code to explore location-specific funding.