by Small business grant programs don’t just help those businesses that receive financial assistance.
They can also make communities more vibrant and improve local economies.
This is why so many cities and local governments run these programs.
Latest revitalization grants
This week, several municipalities launched Restoration and Improvement grant programs to support their business communities. Read more about these opportunities below.
Holyoke Microenterprise Grant Program
Holyoke, Massachusetts launches its Microenterprise Grant Program to help small businesses meet their operating expenses. Funding for the program comes from the US Department of Housing’s Community Development Block Grant. The city has more than $300,000 to give away. Each grant can provide anywhere from $1,000 to $10,000. To qualify, small businesses must have five or fewer employees and be from low- or middle-income households. Grants can cover a variety of operating costs, from rent and utilities to the purchase of equipment. The application phase remains open until the funds are distributed.
Liven up Harlingen
Harlingen, Texas, offers grants of up to $10,000 to small businesses looking to complete exterior renovations. The Revitalize Harlingen program provides a total of $150,000 to qualifying small businesses in the west part of the city. And the city hopes to expand the program to other areas as well. The city is hosting an information event for interested small businesses on February 9th.
Westfield Business Blueprint Program
Westfield, Massachusetts is launching its Community Development Block Grant Program to support small businesses in specific parts of the city. The program, known as The Business Blueprint Program, was originally launched in 2021 to help recover from a pandemic. This round focuses on helping business owners create a financial plan and improve leadership through an eight-week course. Participating companies can also receive grants. To qualify, Westfield businesses must have been in business less than three years and the owner must have an income less than 80 percent of the local median income.
Mercer County Small Business Grant Program
Mercer County, New Jersey is committing $3.5 million of its American Rescue Plan Act allocation to a small business grant program. The Mercer County Small Business Grant Program provides direct financial relief to local businesses struggling due to the pandemic. The program offers grants of up to $10,000. And businesses must have a physical storefront location in Mercer County to qualify.
San Francisco Flood Disaster Grant Program
San Francisco is offering several new resources to support small businesses impacted by recent flooding and winter storms. Businesses located in the city’s flood zone that have suffered damage can apply for up to $5,000. Businesses that have sustained damage but are located outside of the city’s flood zones may qualify for up to $2,000. Grants are awarded on a first-come, first-served basis, prioritizing companies with the greatest need. The application phase is now open and ends on February 10th.
Tacoma Small Business Restoration Grants
The Department of Community and Economic Development in Tacoma, Washington is now accepting applications for the city’s Small Business Restoration Grant program. The program provides financial assistance to small businesses that need property repairs or market improvement opportunities. Eligible businesses can apply for up to $3,000 to repair storefront damage incurred after January 1, 2022. And up to $20,000 is available to small businesses looking to meet permit requirements to open or maintain a physical store. Application deadline is February 2nd.
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