Invest Atlanta, as part of the Wells Fargo Open for Business Fund, has launched the Commercial Property Improvement Grant program to support local small businesses located in the City of Atlanta.
Donor Name: Invest Atlanta
State: Georgia
City: Atlanta
Type of Grant: Grant
Deadline: 08/26/2024
Size of the Grant: $10,000 to $100,000
Grant Duration: Grant Duration Not Mentioned
Details:
Funding Information
Small Business owners are eligible to apply for grants up to $50,000 that can be used for both internal and external improvements to their commercial property.
Eligible Uses
Improvements should visually enhance the interior and/or exterior of the subject property and meet the following guidelines:
- Eligible exterior improvements include:
- Painting
- Lighting
- Windows, doors, framing, etc.
- Signage, canopies, awnings, etc.
- Gates, fencing, landscaping, etc.
- Building surface repairs: concrete, siding, limestone, etc.
- Surface upgrades on the ground: tiling, asphalt resurfacing, etc.
- Eligible interior improvements include:
- Flooring, walls and ceiling upgrades
- HVAC, water heater, plumbing, electrical, and other systems repairs
- Structural repairs to walls, floors, stairs, and interior doors
- Point of Sale technology
- Walk-in coolers
- Misting systems
- Produce display/storage systems
- Certain soft costs, such as architectural and planning services are eligible but shall not exceed 10% of grant amount.
- Operations, inventory, and other soft costs are not eligible expenses.
Eligible Applicants
Applicants must meet the following eligibility requirements:
- For-profit businesses and non-profits operating grocery retail in commercial properties with a total building size smaller than 15,000 square feet located in the city of Atlanta are eligible to apply
- Small businesses who lease their commercial space should have a minimum of 1-year left on their lease and will need approval from the property owner.
- Applicants must show a current City of Atlanta business license.
- Owners of vacant commercial properties that meet the size requirements may be eligible to apply. Please reach out to the Program Manager prior to submitting application, as vacant properties may be eligible if scope of work will bring them into leasable condition.
- Small businesses in multi-tenant commercial buildings with a total building size smaller than 15,000 square feet are eligible.
- Awardees must provide a match equal to at least 10% of the grant award.
- Priority will be given to small businesses located in disinvested areas of the city. Check if your property is in a Disinvested Area.
For more information, visit Invest Atlanta.
