The City of Williamsport Business Improvement Grant Program helps small businesses complete capital improvement projects to improve the appearance and/or function of real property.
Donor Name: City of Williamsport
State: Pennsylvania
City: Williamsport
Type of Grant: Grant
Deadline: 07/31/2023
Size of the Grant: $50,000
Details:
“Real Property” is defined as the physical structure and permanent exterior assets occupied by a business. “Capital improvements” are defined as projects which:
- Substantially add to the value of real property, or appreciably prolong the useful life of the real property.
- Projects that become part of the real property or permanently affixed to the real property so that removal would cause material damage to the property or article itself.
- Projects intended to become a permanent installation.
Eligible projects may include but are not limited to:
- Interior Improvements
- The upgrade of flooring, ceiling, wall systems, and similar aesthetic upgrades.
- Construction of permanent walls, office space, production space, retail displays, restrooms, and similar construction work.
- Plumbing and electrical upgrades.
- The purchase and installation of certain “fixed assets” which, if removed, would cause material damage to the space. This may include restaurant/food preparation equipment and certain manufacturing equipment.
- Exterior Improvements
- Door, window, permanent lighting, awning, roofing, signage infrastructure, and other façade improvement projects.
- The paving/repaving of driveways and parking areas.
- Construction of outdoor dining areas, including permanent decks and patios.
Funding Information
- The Williamsport Business Improvement Grant Program is a 50/50 matching program, with a maximum grant award of $50,000. For example, if an eligible project has a documented cost of $100,000, the applicant will request an amount up to $50,000 in grant funding and be responsible for the remaining $50,000. If total costs increase any time during the project period, the applicant is responsible for costs above the original total project amount. If total costs for a project are below the total project amount, the City funded amount will be 50% of the total cost.
- The City’s intent for the program is to award a total of $800,000 in matching grants.
Eligibility Criteria
Businesses with operations in Williamsport may apply based on the following:
- Businesses founded prior to January 1, 2020
- Registered in the Commonwealth of Pennsylvania to conduct business,
- Is in good financial standing with the City of Williamsport and the Commonwealth of Pennsylvania,
- Current on federal, state, and local taxes,
- Employs no more than 60 employees, and
- Experienced a negative economic impact resulting from COVID-19 pandemic.
- Businesses founded or in the process of being founded after January 1, 2020
- Registered or in the process of getting registered with the Commonwealth of Pennsylvania to conduct business
- In good financial standing
- Current on federal, state, and local taxes,
- Employs or will employ no more than 60 employees, and
- Experienced a negative economic impact, including and not limited to accessing credit, loss of expected capital, or increased costs incurred due to the COVID-19 pandemic.
For more information, visit City of Williamsport.