The City of Lafayette is excited to announce its 2023 Small Business Capital Grants.
Donor Name: City of Lafayette
State: Colorado
City: Lafayette
Type of Grant: Grant
Deadline: Ongoing
Size of the Grant: $5,000
Details:
To support and retain small businesses, the City of Lafayette is piloting a program to provide businesses with grants for capital improvements for the expansion or improvement of their current building.
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. Funds can only be used for projects that have not yet begun and are approved by the City using the established application process.
- Businesses may apply once per calendar year and may not receive more than $5,000 per year. Reimbursements are only valid for costs expended within the year, and any costs above $5,000 may not be carried forward.
Eligible Projects
Exterior improvements (signage, roofing, siding, parking resurfacing, or fence replacement) Interior improvements (flooring, mechanical, electrical, plumbing, or architectural design fees).
Which businesses are eligible?
- 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 State of Colorado.
For more information, visit City of Lafayette.
