Loans Grants Capital 9 1

Small Business Improvement Fund

Provides grant funding for permanent building improvements and repairs across the city. 

Program participants can receive grants to cover between 30 percent and 90 percent of the cost of remodeling work, with a maximum grant of $150,000 for commercial properties and $250,000 for industrial properties. The grant, which is administered by SomerCor on the City’s behalf, does not have to be repaid.

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