Business Acceleration Grant

 Please Read - Grant Policies

 

The Business Acceleration Grant supports existing businesses and provides funding assistance that allows for the expansion or improved operation of qualified Englewood businesses.  The grant offers up to $10,000 for physical/capital investments that support expanding businesses, improve business operations, or foster business retention. Capital improvements are permanent investments in the building or on the property, which are generally associated with a building permit.  Additional eligible expenses may include professional services, such as architectural and engineering service associated with the permitting process.

 

Businesses open in Englewood for a minimum of two years are eligible to apply.  Businesses that apply for funding assistance must either own their building or if the business is a tenant have a minimum of two years remaining on a lease for eligibility.  Successful grant applications should demonstrate that funding will yield either an increase in the number of employees at the business or an increase in sales revenue.  

 

The grant is reimbursed to the applicant and expenses must be paid by the business owner or tenant.  Tenant improvements paid for by the landlord are not eligible for the grant.

 

Grant Policies

 

Grant Application

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