The City of Laurel is seeking applications for the Main Street Business Relocation Grant Program to help defer the costs of physically moving an existing business to a vacant storefront or to assist in the start-up of a new business in a vacant storefront.
Donor Name: City of Laurel
State: Maryland
City: Laurel
Type of Grant: Grant
Deadline (mm/dd/yyyy): Ongoing
Size of the Grant: $10,000
Details:
The City of Laurel provides these grants to help business succeed and grow in the Main Street business area and in the process continue to provide and create local jobs for residents of the greater Laurel area.
Funding Information
The Program provides participants the opportunity to receive a reimbursement not to exceed $10,000 for approved relocation expenses
Eligibility Criteria
Eligible Business Types
- Specialty / Unique Retail
- Apparel / Shoe Store
- Bakery
- Coffee shop
- Ice Cream Shop
- Full Service / Fine Dining Restaurant
- Grocery Store / Gourmet Food Store
- Health Club / Yoga Studio
- Entertainment / Family Fun
Ineligible Business Types or Persons
- Office-Based Businesses
- Membership-Only Businesses (e.g. businesses that do not allow walk-in customers or businesses that primarily serve membership holding clients)
- Personal Care Service Businesses (e.g. salons, barbershops, massage)
- Houses of Worship
- Home-Based Businesses
- Banks and Financial Institutions
- Food Trucks
- Corporate-Owned Franchises
- Businesses that do not have a physical commercial location
- Businesses located outside of the Relocation Grant area
- Businesses in which City staff and/or elected officials of the City have a financial interest of at least 25%
Other Eligibility Requirements
- Grant Application must be started within one (1) year of the City of Laurel issuance of the business’ Use and Occupancy permit
- Five (5) year lease agreement for a property within the Relocation Grant area
- Letter of Agreement from the Property Owner (only applicable if the business is not the property owner)
- Proof of Ownership (only applicable if the business is the property owner)
- Current Business Plan
- Only one (1) Relocation grant can be awarded per address in a three (3) year period
For more information, visit Main Street Business Relocation Grant Program.
