Small Business Grant Program
New and existing commercial, retail, or industrial businesses may be reimbursed 50% of the costs for the development of their business. Owners may be eligible for a dollar-for-dollar matching grant up to $5,000 for single unit locations and up to $15,000 for multi-tenant locations. Grant monies are awarded to encourage building updates and/or renovations to new and existing businesses. These funds are not available for routine repairs and maintenance. Examples of improvements considered for the grant include:
- Architectural Façade Renovation
- Replacement or installation of windows and doors
- Improvements to ceilings and floors
- Installation or removal of fixed walls
- Internal architectural changes
- Interior and exterior lighting
- Permanent fixtures
- Aesthetic detailing
- ADA Improvements
- Installation of new HVAC systems (for buildings that never had one)
- Electrical and plumbing alterations for bringing a structure up to required codes
- Additional new construction to an existing structure for expansion
- New Signage
The amount of available funds for such grants is limited. Therefore, they are not available for projects outside the general business district or to not-for-profit entities. Businesses may only be eligible for grants once every 24 months. All property taxes must be current, fees paid, and codes met on properties or projects being considered for a grant.
Before you begin your development project, contact us (see sidebar). Grant Funds are disbursed upon completion of project and final inspection.
