The City of Virginia Beach Development Authority (VBDA) is pleased to announce the return of the Façade Improvement Grant (FIG) program.
Donor Name: City of Virginia Beach Development Authority (VBDA)
State: Virginia
City: Virginia Beach
Type of Grant: Grant
Deadline: Ongoing
Size of the Grant: up to $10,000
Details:
The program, which is administered by the Department of Economic Development, provides matching grants of up to $10,000 to eligible businesses and property owners who are looking to make exterior improvements to their buildings. These improvements can include paint, fencing, parking upgrades, signage, accent or security lighting, and other enhancements that will help to improve the appearance and attractiveness of the property.
For two years in a row, this popular program provided financial assistance to businesses and property owners for the improvement of their property, and the results speak volumes. Since the program’s inception, VBDA awarded $207,498 to 29 small businesses who in return invested $1.3 million.
Funding Information
Applicants may request one grant between $1,000 and $10,000 to match their investment of at least the same amount to achieve the proposed improvements.
Eligibility Criteria
To be eligible for the program, businesses and property owners must meet the following criteria:
- New or existing small businesses with less than 50 employees
- The business or property owner must be current on all taxes and fees owed to the city
- Businesses located on any commercially or industrially zoned properties
For more information, visit Return of Façade Improvement Grants.
