The Economic Resilience Grant Program is open to businesses in Lowell that have a vision for their future and are seeking financial support to make it happen.
Donor Name: City of Lowell
Type of Grant: Grant
Size of the Grant: $750,000
The Economic Resilience Grant program will provide funds to a variety of businesses that were disproportionately impacted by the COVID-19 pandemic. The program is federally funded through the American Rescue Plan Act (ARPA) and is subject to federal regulation.
Applicants must select one of the following categories:
- Placemaking: Projects that cultivate inclusive and inspiring exterior spaces through public art, communal gathering areas, façade improvements, collaboration with local artists, or other endeavors. Property owner approval required if applicant is a tenant.
- Programming: Organizational growth through new or expanded programs or services.
- Facilities and Infrastructure: Renovations to buildings or spaces to address public health concerns (for example, installation of protective barriers or renovations that allow physical distancing or improved air circulation), become more resilient to climate change (for example, weatherization, heat pump installation, native plantings, or composting), and/or support organizational expansion. Property owner approval required if applicant is a tenant.
The Economic Resilience Grant Program will draw from a pool of $750,000 to fund eligible businesses who submit proposals for compelling projects or programs that address pandemic-related impacts to their business.
Applicants must meet the following three criteria:
- Businesses must represent a disproportionately impacted industry, defined as one of the following categories:
- Restaurants and Food Service
- Arts, Entertainment, and the Creative Economy
- Tourism and Recreation
- Personal Care and Beauty Salons
- Wellness and Fitness
- Small-Scale Retail
- Start-ups located at Lowell-based incubators such as the I-HUB, M2D2, Lowell Makes, and the UTEC Kitchen Incubator that are looking to grow and relocate within Lowell
- Applicants must also be in good standing with the City of Lowell, including being current on tax payments and having no current building or health code violations.
- Applicants must have been in operation in Lowell, MA since at least January 1, 2022.
For more information, visit City of Lowell.