The South Thornton Attraction & Revitalization (STAR) Grant is designed to enhance and revitalize commercial areas in the South Thornton Development Area by attracting and supporting new and expanding businesses to the area, assisting business owners with building improvements, and assisting with the cost of permitting and licensing, regulatory compliance, equipment purchases or exterior and façade improvements.
Donor Name: City of Thornton
State: Colorado
City: Thornton
Deadline: 10/31/2023
Size of the Grant: $15,000
Details:
This program will only reimburse eligible expenses, up to the pre-approved grant amount, for eligible projects. The business plan must be reviewed and approved by the STAR grant review committee before an award letter will be issued.
Funding Information
- Tier 1 – An initial grant up to $10,000 per business license holder and business
- Tier 2 – Projects exceeding $10,000 can receive an additional $5,000 dollar grant with a 50/50 match, for a maximum grant award of $15,000 per business license
Eligible Projects
Must be for code compliance costs, permitting fees, licensing fees, equipment costs, marketing of your new Thornton location (maximum marketing grant award is $1,000 with a 50/50 match), exterior or interior improvements such as:
- Facades, gutters, downspouts
- Exterior lighting
- Awnings, canopies
- Painting and masonry cleaning
- Landscaping and fencing
- Irrigation system
- Energy Efficiency, recycling, water efficiency etc.
- Signage
- Furniture, fixtures, and equipment
- Doors, roofs, and windows
- Licensing and permitting fees
- Fire sprinkler or alarm system improvements
- Parking lots and sidewalks
- ADA accessibility improvements
- Security and crime prevention
- First month of rent
- Some exclusions: Inventory Employee Wages
- Fees / interest associated with obtaining a bank loan to cover up front costs of the project
Eligibility Criteria
- A new business owner at the identified address, locating or expanding a commercial business into an existing building, within the South Thornton Development Area (if Certificate of Occupancy has been issued, it must have been issued within 6 months of the date you submit your completed application and business plan.
- If business is subleasing space in a building, the maximum grant is $5,000.
- Locating in non-residential zoning designations, not on public property.
- In compliance with all government fees and taxes, licensing, and applicable laws and ordinances.
EXCLUSIONS: Funding cannot be used for non-profits, marijuana related businesses, pawn shops, bail bonds, money lending, used car lots, check cashing, liquor stores, adult oriented nature, religious institutions, residential living facilities.
For more information, visit City of Thornton.
