Apply now for Retail Stimulus Program and receive up to $75,000 – Florida

Does your retail business seek to achieve a high-quality interior buildout and/or cover rent expenses? If yes, then this call is for you!

Donor Name: Downtown Orlando Community Redevelopment Agency (CRA)

State: Florida

City: Orlando

Type of Grant: Grant

Deadline (mm/dd/yyyy): Ongoing

Size of the Grant: $75,000

Details:

Funding Information

• Applicants are eligible to receive up to $75,000 or 50% of the total cost of Tenant Improvements, whichever is less.
• Applicants are also able to receive a one-time award of up to $25,000 to cover rent expenses. Rent abatement payments will be made quarterly, i.e. a business would receive up to $6,250 a quarter for a total of $25,000. The maximum total funding amount under the Program per eligible business is $100,000.

Eligibility Criteria

To qualify for the program, you must:

• Be a retail or consumer service business.
• Keep in mind: Bars, nightclubs, tattoo parlors, office use, and professional services (i.e. financial services, legal services, insurance, real estate, check cashing) are not eligible.
• Be a new business or an existing business relocating within the Area to another location within the Area by increasing its space (sq. ft.) by 125% or more based on its current square footage.
• Be in a property free of all City of Orlando imposed liens (excluding special assessments) and property taxes must be current at the time of application.
• Not be in a city owned property.
• Have not received funding from the Downtown Commercial and Residential Building Improvement Program (DCRBIP), or the Minority/Women Entrepreneur Business Assistance Program (MEBA)

For more information, visit Retail Stimulus Program.