Business

Davidson has $15K available for small businesses via Main Street grants

Sept. 1. The Town of Davidson is offering Main Street Business Grants for the eighth year with a total of $15,000 available to small businesses.

The goal is to provide direct financial benefit to small businesses, retain and create jobs in association with small businesses, and to spur private investment in association with small businesses.

The minimum grant is $1,000, and the maximum is $10,000.

How it works

—Private funds must be committed on a 2:1 basis, meaning that $2,000 in private funds must be committed to the project in order to qualify for a $1,000 grant.

—Funds may be used to support the rehabilitation of properties or for new construction.

—Funds must be used for exterior or interior improvements that are permanent. For example, funds may be used for windows, but not for tables and chairs.

Timing

Applications are open from now through Oct. 31. Additional application periods will be on a 90-day rolling basis until all funds are allocated. The Historic Preservation Commission will review all grant applications and select projects to be funded.

How to apply

www.townofdavidson.org/MainStreetGrant

Questions? Contact Economic Development Manager Kim Fleming at [email protected] or 704-940-9622.

Last year’s grant recipients were Masala Mastee, Davidson Provision Company, The Village Store, and 120 S. Main LLC.

Discussion

One Response to “Davidson has $15K available for small businesses via Main Street grants”

  1. Sure wish Cornelius would do the same!

    Posted by Young | September 3, 2021, 10:22 am

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