The City of Boston has launched the second round of the Supporting Pandemic Affected Community Enterprises (SPACE) Grant Program
Donor Name: City of Boston
State: Massachusetts
City: Boston
Type of Grant: Grant
Deadline: 11/10/2023
Size of the Grant: Up to $200,000
Grant Duration: 3 years
Details:
The City is seeking to fill vacant storefronts and help small business owners secure new storefront space or expand to a space by subsidizing the costs associated with operating expenses.
The SPACE Grant Program prioritizes helping small businesses, with a priority for industries that were most affected by the COVID-19 pandemic. These prioritized businesses include, but are not limited to:
- food service and production, restaurants
- childcare
- repair and maintenance and laundry services (i.e., laundromats, dry cleaning)
- retail
- art, entertainment, creative economy, and
- fitness, wellness (including spas and salons), and recreation.
Please note: Liquor stores, cannabis establishments, office spaces, franchises, and lab spaces will not be considered for this program.
Funding Information
- The SPACE Grant program will provide grants of up to $200,000 to small businesses disproportionately impacted by COVID-19 that are looking to fill vacant commercial space in the City.
- The funding will be delivered over the course of three years, not all at once.
Eligibility Criteria
- Applicants must meet the following criteria to be considered for a SPACE Grant:
- Business must be incorporated in a Qualified Census Tract OR one of the prioritized business industries mentioned above.
- Business must have fewer than twenty-five (25) employees (not including the business owner).
- Business owners must provide proof of a Boston business address (e.g., a signed lease, business permit / license / title, utility bill in which the business is named directly, or other home office documentation).
- Business and business owners must be in good-standing with the City of Boston.
- Business must provide a copy of its up to date Business Certificate.
For more information, visit City of Boston.