As part of its ongoing support of Tacoma’s small businesses, the City of Tacoma’s Community and Economic Development Department is accepting applications for Small Business Restoration.
Donor Name: City of Tacoma
State: Washington
City: Tacoma
Type of Grant: Grant
Deadline: 02/02/2023
Size of the Grant: $500,000
Details:
Small Business Restoration Grants are designed to help eligible small businesses in Tacoma offset two types of costs:
Property Damage Repair (up to $3,000 for one occurrence of storefront damage occurring after January 1, 2022)
- Examples of storefront damage qualifying for coverage include broken windows, broken doors, broken locks, or etching on windows. Loss of stolen goods or graffiti removal/paint are not eligible for coverage. Repairs must be completed, and eligibility verification paperwork with receipts submitted, no later than May 1, 2023.
Market Enhancement (up to $20,000 to complete or comply with permitting requirements to open – or keep open – a physical location OR to increase market share)
- For non-homebased businesses, examples of line items qualifying for coverage include grease interceptors, safety upgrades, ADA access, curbside seating, takeout windows, etc. Selection of awardees and grant amounts will be based on viability (owner experience), project readiness, and impact (community), with preference provided for low- and very low-equity opportunity areas. Market enhancements must be completed or underway, and eligibility verification paperwork with receipts or estimates submitted, no later than May 1, 2023.
Small Business Restoration Grant amounts will be based on actual and verifiable costs, with a limit of one grant per business owner (EIN, SSN, UBI number, business license number, or business address).
Funding Information
Criteria
Eligible small businesses based in Tacoma are invited to submit an application.
For more information, visit Small Business Restoration.