Town Announces Main Street Business Grant

The Town of Davidson is pleased to offer the Davidson Main Street Business Grant for the ninth year. The Davidson Board of Commissioners approved $15,000 to fund this grant program for 2022-23. The goals of the program are to provide direct financial benefit to small businesses, retain and create jobs in association with small businesses, and to spur private investment in association with small businesses located in our business districts. Last year’s grant recipients were Summit Coffee, Side Bar Bottle Co., Ben & Jerry’s, Mestizo’s, and 120 S. Main LLC.

The Davidson Main Street Business Grant is a reimbursable, matching grant program. The minimum grant that may be requested is $1,000 and the maximum is $10,000. Private funds must be committed on a 2:1 basis, meaning that $2,000 in private funds must be committed to the project in order to qualify for a $1,000 grant.  Funds may be used to support the rehabilitation of properties or for new construction.  Funds must be used for exterior or interior improvements that are permanent.  For example, funds may be used for windows, floors, etc., but not for tables and chairs.

The first application period will run beginning tomorrow, September 1, 2022, through October 14, 2022. Additional application periods will be on a 90-day rolling basis until all funds are allocated.   The Historic Preservation Commission will review all grant applications and select projects to be funded.

All applicants must review the Davidson Main Street Business Grant Operating Guidelines and submit an application. Both documents can be found on the town’s website at www.townofdavidson.org/MainStreetGrant.

Please contact Kim Fleming at [email protected] with any questions.