The City of Charleston has created a special Small Business Investment Grant program to aid small businesses and merchants in the community.
Donor Name: City of Charleston
State: West Virginia
City: Charleston
Type of Grant: Grant
Deadline: 05/31/2022
Size of the Grant: $10,000
Details:
The grant program is intended to incentivize and motivate small business owners to:
- repair/renovate a building’s exterior and make physical enhancements in a manner that keeps with the
- improve the small business making it more attractive for current and future customers; or
- enhance a small business’s marketing and customer service capabilities via e-commerce, web development, social media marketing, etc.
Funding Information
- A total of $150,000 in grants will be awarded and grant awards may be prioritized based on documented opportunities to grow a small business’s profitability and enhance sustainability.
- The maximum annual grant award for any one business is $10,000. Grant funding will be provided on a reimbursement basis, and all grant awards must be matched by 25%.
Eligible Projects
An application must outline one of three project activities:
- Construction/Repair/Equipment Projects.
- Demolition Projects
- Broadband Connectivity or Marketing & Advertising Enhancement Project
Eligibility Criteria
- Under this program, an eligible small business in the City of Charleston is defined as having no more than 35 employees (FTE) and no more than $2 million in annual gross revenues.
- An application must be for a small business located in the city limits of Charleston
- An applicant must submit a written request summarizing the original budget, previously received funds, and a brief description of the project and its benefits.
- This is a competitive grant. A scoring review group will receive and consider all grant applications. The group will make a limited number of awards based on established program objectives, scoring criteria, and total allotted funds.
- Grant applications will be scored based on the completeness of the application, the project’s relevance to enhancing the small business’s growth and sustainability, and outlined benefits to the city of Charleston.
- Grant funds will be issued once the approved project is completed and sufficient project documentation is reviewed and accepted.
For more information, visit Small Business Investment Grant Program.
