The Dallas Entrepreneur Center Network, The DEC, is dedicated to keeping small businesses running during the global pandemic. They host and tap into their extensive network to provide a variety of virtual events every week to give entrepreneurs and small business owners additional support during the COVID-19 crisis.
These events include “Fridays are for Founders” with the DEC’s co-founder and executive chairman, Trey Bowles. This weekly lunch series features conversations with a different guest speaker and entrepreneur every week to discuss how they are navigating and adapting their businesses to the current situation. The last Fridays are for Founders for May will take place tomorrow, May 29th. Other virtual events can be found on The DEC’s website.
In addition, The DEC is overseeing a Covid-19 Small Business Relief Fund. Small business owners can seek up to $25,000 in support from the fund which is a joint collaboration with LiftFund and the Communities Foundation of Texas.
This fund was created to support small business entrepreneurs who are in jeopardy of not surviving in the age of coronavirus, with a priority on providing funding to the minority and women owned small businesses who have been unable to find the suitable funding to get them through the COVID-19 pandemic. The Communities Foundation of Texas will serve as the fiscal sponsor for this fund and LiftFund, is the CDFI partner that will be administering the loan application and approval process.
This is a zero percent (0%) loan fund that is forgivable upon meeting a few key milestones that will help your business move forward. Criteria for qualifying for the funding can be found on the FAQ page.