Sunday, August 14, 2022

If your business needs to make exterior improvements, then this grant is for you

Prince George Street in downtown Williamsburg. (WYDaily/File photo)
Prince George Street in downtown Williamsburg. (WYDaily/File photo)

Do you own a business in Williamsburg in need of a facelift?

The Williamsburg Economic Development Authority (EDA) is offering the Small Business Investment Grant, a new program created to encourage existing business and commercial property owners within the City of Williamsburg to make visible exterior improvements.

The program specifically encourages investment in existing commercial properties’ improvement from a functional and aesthetic perspective with the goal of increasing customer traffic and business revenue.

This grant is not intended for routine maintenance or mechanical equipment purchases or replacements.

Here are a few examples of qualified improvements:

• Design and construction costs associated with qualified improvements
• Canopy or awning installation and/or repair, where appropriate
• Replacement of façade materials
• Landscaping improvements
• Hardscape improvements (brick sidewalks, walkways, etc.)
• Outdoor furniture (benches, tables, etc.)
• Decorative fencing (chain-link fencing does not qualify)
• Removal/replacement of architecturally inappropriate or incompatible
exterior finishes and materials
• Replacement of windows, doors and cornices
• Exterior painting
• Exterior monument sign for business

The grant offers a 50% matching award up to $7,500 of the qualified improvements.

To view eligibility and procedural guidelines, click here.

For more information on the Small Business Investment Grant, contact the Williamsburg Economic Development Office at (757) 220-6104 or via email at yadams@williamsburgva.gov.

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