TEAP

Program FAQs

Eligibility Questions

How do I know if my business/non-profit is located in unincorporated Clark County? Our jurisdiction locator can help you determine whether your address is in unincorporated Clark County. Please click here to be redirected to the page.

Does my business/non-profit need to have been in operation and located in unincorporated Clark County for a certain length of time? To be eligible for the TEAP, businesses/non-profit organizations need to have a minimum of one (1) year of operating history and be actively operating at the time of application.

How can I check if my business license is active, and what the start date is? You can obtain information related to your license on Clark County’s business license page. Please click here to be redirected.

My business has multiple locations, and some are outside unincorporated Clark County. Do I qualify? If your business headquarters is in unincorporated Clark County and is listed as such on your business license, then it is eligible for consideration. Businesses with multiple locations whose headquarters are located outside of unincorporated Clark County are ineligible to apply.

I own multiple businesses. Can I apply for funding for all businesses? We are only accepting one application per business owner. If you own multiple businesses, we recommend that you review the program requirements and apply for the business that best fits the criteria and presents the strongest business case.

Are home-based businesses eligible? Home-based businesses are eligible so long as they meet all eligibility criteria including licensing and jurisdictional requirements.

Are non-profit organizations eligible? Non-profits organizations located in unincorporated Clark County that meet the definition outlined in section 501(c)(3) or 501(c)(19) of the Internal Revenue Code and meet size, revenue and other program criteria are eligible to apply.

Are there maximum size requirements for my business/non-profit to be eligible? Businesses and non-profits must have less than 50 full-time employees and annual revenue under $3 million to be eligible.

Are there minimum size requirements for my business/non-profit to be eligible? Yes, businesses must have minimum revenue of $25,000 and non-profits must have a minimum revenue of $1,000 to be eligible.

Do 1099 independent contractors count as employees for the size standard? 1099 Independent contractors do not count as employees for the size standard.

My business received PPP/EIDL funding. Am I still eligible? Businesses who received PPP/EIDL funding are eligible to apply for the TEAP.

My business received funding from previous Clark County or State of Nevada grants. Am I still eligible? Businesses who received previous grants/funding from Clark County or the State of Nevada are eligible to apply.

What documentation do I need to apply? Businesses are required to provide the following:

  • Copy of government issued photo identification for all owners with 20% or more ownership.
  • Business Tax Returns for 2019 and 2020 (if open). Internal Financial Statements or other documentation may be accepted upon review by Program Admin.
  • 2021 Business Tax Return or Internal Financial Statement (Profit and Loss)
  • 2022 Interim Internal Financial Statement (Profit and Loss)
  • IRS Form 941 for most recent quarter available or other payroll documentation as accepted by Program Admin and Clark County to verify the number of employees

Non-profit organizations are required to provide the following:

  1. Copy of government issued photo identification for person authorized to sign grant agreement.
  2. Copy of IRS tax exempt determination letter
  3. Business Tax Returns (IRS Form 990) for 2019 and 2020 (if open). Internal Financial Statements or other documentation may be accepted upon review by Program Admin.
  4. 2021 Business Tax Return (IRS Form 990) or Internal Financial Statement (Profit and Loss)
  5. 2022 Interim Internal Financial Statement (Profit and Loss)
  6. IRS Form 941 for most recent quarter available or other payroll documentation as accepted by program admin and Clark County to verify the number of employees

Qualified Start-up businesses are required to provide the following:

  1. Copy of government issued photo identification
  2. Copy of resume
  3. Explanation of unemployment prior to starting a business

 Why do I need to provide my tax returns? Business tax returns will be used as part of the selection process to determine business viability, financial health and to verify COVID-19 impact.

 What if I don’t have a Clark County business license? Only businesses with an active business license are eligible to apply for the TEAP.

What if I get my business license and then apply? To be eligible for the TEAP, businesses needed to have a continuously active business license corresponding to the years the business was operational prior to the application period. Businesses that were previously operating illegally without a business license and/or only recently obtained a license to meet program requirements are ineligible.

Grant Awards

What is the size of the grant awards? Grant awards range from $5,000-$100,000 and will be sized based on the highest year of income between 2019-2021.

 How will the grant be distributed? Grant awards will be distributed in three parts. The first payment will consist of 25% of the total award. The second payment will be 50% of the total award. The third and final payment will consist of 25% of the total award.

 How can the funds be used? Grants can be used for working capital to increase business resiliency in the event of future economic disruptions. Examples include, but are not limited to, reopening supplies, marketing, employee wages and benefits, trainings, purchase of bookkeeping software, etc. Program participants will work with an advisor to help them come up with a spending plan for the grant.