Small Business Continuity Fund 

The Small Business Continuity Fund program, a partnership between the Office of Economic Development, Dallas Development Fund (DDF), and National Development Council (NDC), was designed to assist low-to-moderate (LMI) microenterprise business owners (5 or fewer employees) or small businesses with 50 or fewer employees that retain LMI workers within the City of Dallas. City Council has allocated just over $8 million in funds for this program through the CARES Act, with funds coming from the U.S. Department of Housing and Urban Development’s (HUD) Community Development Block Grant (CDBG) funding and the U.S. Department of Treasury Coronavirus Relief Fund (CRF) funding. Approximately $1 million of funds was used for the loan program; the remainder was used for grants. 

Businesses could apply for either a grant or a loan and must demonstrate at least a 25% reduction in revenue as a result of the COVID-19 virus. The grant funding was initially divided into two categories, one city-wide, and the other targeted to businesses in high poverty or low median income census tracts as designated on the map below. Second round funding was awarded city-wide.

Initial applications were accepted from May 4th to May 11th, 2020 with a second round of applications accepted February 3rd to 10th, 2021. After each application period, a lottery was then held to generate a ranked list of businesses for consideration of funding. Businesses who submitted a complete application were eligible for selection in the lottery, and using numbers generated from, each eligible business was put in an ordered list. Selected businesses were required to provide complete documentation to a third-party provider prior to the execution of a grant or loan.

Through year-end 2020, 399 grants totaling $3,821,600 and 22 loans totaling $615,300 were approved under the SBCF program. More than $4.4 M in direct assistance was provided to 421 small businesses throughout the City of Dallas.

Funds under the SBCF program were fully deployed in August 2021. Over 600 grants were awarded and 32 loans. Details on the SBCF applications and awards can be found here.

For questions about the program, please reach out to

DDF and NDC logos
SBCF Underserved Communities Map