The Main Street Business Relocation Grant Program is designed to help defer the costs of physically moving an existing business to a vacant storefront or to assist in the start-up of a new business in a vacant storefront.
Donor Name: City of Laurel
State: Maryland
City: Laurel
Type of Grant: Grant | Reimbursement
Deadline: All Time
Size of the Grant: $1000 to $10,000
Grant Duration: Grant Duration Not Mentioned
Details:
The City of Laurel provides these grants to help businesses succeed and grow in the Main Street business area and in the process continue to provide and create local jobs for residents of the greater Laurel area.
The redevelopment of the Main Street area and the retention of commercial uses is crucial to maintaining an economically strong Main Street; a commercial area where the image, appearance, and environment encourage walkability and attract shoppers.
Funding Information
The Program provides participants the opportunity to receive a reimbursement not to exceed $10,000 for approved relocation expenses.
Eligible Costs
Eligible Costs may include moving costs (truck rental or professional mover), connection and transfer of new utility services, installation costs of equipment required for the business, but not the equipment itself; interior remodeling of new location, exterior signs, and other moving incidentals. Professional, engineering, architectural and permit fees may also be included in the relocation costs.
Eligibility Criteria
Eligible Business Types:
- Specialty / Unique Retail
- Apparel / Shoe Store
- Bakery
- Coffee shop
- Ice Cream Shop
- Full Service / Fine Dining Restaurant
- Grocery Store / Gourmet Food Store
- Health Club / Yoga Studio
- Entertainment / Family Fun.
Ineligibility
Ineligible Business Types or Persons:
- Office Based Businesses
- Membership-Only Businesses (e.g. businesses that do not allow walk-in customers or businesses that primarily serve membership-holding clients)
- Personal Care Service Businesses (e.g. salons, barbershops, massage)
- Houses of Worship
- Home-Based Businesses
- Banks and Financial Institutions
- Food Trucks
- Corporate-Owned Franchises
- Businesses that do not have a physical commercial location
- Businesses located outside of the Relocation Grant area
- Businesses in which City Staff and/or elected officials of the City have a financial interest of at least 25%.
For more information, visit City of Laurel.
