The City of Boston is seeking applications for its Space Grant Program to help small business owners secure new storefront space or expand to a space by subsidizing the costs associated with operating expenses.
Donor Name: City of Boston
State: Massachusetts
City: Boston
Type of Grant: Grant
Deadline: 02/17/2023
Size of the Grant: up to $200,000
Grant Duration: 3 years
Details:
The S.P.A.C.E. (Supporting Pandemic Affected Community Enterprises) Grant Program will prioritize helping small businesses grow, with a priority for industries that were most affected by the COVID-19 pandemic. These prioritized businesses include, but are not limited to:
- art, creative economy, and entertainment
- childcare
- fitness, recreation, wellness
- food service and production
- repair, maintenance, and laundry services
- restaurants
- retail
Please note: Liquor stores, cannabis establishments, office spaces, franchises, and lab spaces will not be considered for this program.
Funding Information
The SPACE (Supporting Pandemic Affected Community Enterprises) Grant program will provide grants of up to $200,000 over a three-year period to subsidize rents, upfront capital costs, and necessary infrastructure to help local, small, diverse businesses seeking to fill vacant storefronts.
Eligibility Criteria
- Applicants must meet the following criteria to be considered for a SPACE Grant:
- Business must be incorporated in a Qualified Census Tract OR one of the prioritized business industries mentioned above.
- Business must have fewer than twenty-five (25) employees (not including the business owner).
- Business owners must provide proof of a Boston business address (e.g., a signed lease, business permit / license / title, utility bill in which the business is named directly, or other home office documentation).
- Business and business owners must be in good-standing with the City of Boston.
- Business must provide a copy of its up to date Business Certificate.
For more information, visit City of Boston.
