To support and retain small businesses, the City of Lafayette is piloting a program to provide businesses with grants for capital improvements to expand or improve their current building.
Donor Name: City of Lafayette
State: Colorado
City: Lafayette
Type of Grant: Grant
Deadline: Ongoing
Size of the Grant: $5,000
Details:
Funding Information
The City has $75,000 available for the 2023 grant cycle . Grants are capped at 25% of eligible project costs, and no grant can exceed $5,000. They will be provided to businesses on a reimbursement basis.
Eligible Projects
- Exterior improvements (signage, roofing, siding, parking resurfacing, or fence replacement)
- Interior improvements (flooring, mechanical, electrical, plumbing, or architectural design fees)
Eligibility Criteria
Any business is eligible to apply if they:
- Are located within the Lafayette city limits.
- Have 25 or fewer employees (total of full-time and part-time).
- Own their building or have an executed lease for at least three years.
- Are in good standing with the City of Lafayette and the State of Colorado.
Ineligible Projects
- Projects that are currently underway or complete Furniture, fixtures, or equipment
- Projects that consist of maintaining an existing asset (such as repainting walls) Landscaping Operating costs, permit fees, or City taxes
For more information, visit City of Lafayette.
