BLOOM Grant Program for Small Businesses

The BLOOM Grant Program, initiated in 2018 by the BLOOM Business Empowerment Center through the York County Economic Alliance (YCEA), aims to empower small businesses in York County. This initiative aligns with the YCEA's mission to foster economic growth and stability within the region by providing crucial financial support to businesses with tangible needs. The program's core objective is to help businesses improve productivity, expand services, or achieve the next level of growth, thereby contributing to the overall economic vitality of York County. Since its inception, the BLOOM Grant Program has demonstrated significant impact, distributing 235 grants totaling $480,000 to various small businesses and organizations. The program specifically targets small businesses in York County, including those in Downtown York and York County Trail Towns communities, with a particular focus on women-owned businesses, start-up entrepreneurs, and graduates of BLOOM classes. This broad reach reflects a commitment to inclusive economic development, ensuring that a diverse range of businesses can access vital resources for growth. Priority consideration for funding is given to businesses that have not previously received BLOOM grant funding, promoting equitable access and supporting a wider array of enterprises. The program also prioritizes businesses owned by Women, Black, Indigenous, and People of Color, and Veterans, aiming to address historical disparities and promote economic empowerment within these communities. Furthermore, businesses that commit to using local businesses for grant implementation are favored, reinforcing local economic cycles and fostering community collaboration. The program awards grants ranging from $500 to $1,500, with amounts determined by need and potential impact. These grants are intended to fund projects that demonstrably improve productivity, expand services, or facilitate business growth. Examples of previously funded projects include improving signage, physical improvements to business locations, marketing initiatives, training and certification for new services, and the purchase of new equipment. The expected outcome is a measurable increase in the operational efficiency, market reach, and overall growth of recipient businesses, contributing to job creation and sustained economic development within York County. This strategic approach reflects the YCEA's theory of change, which posits that targeted financial investment in small businesses, especially those in underrepresented groups, can lead to significant and sustainable regional economic benefits.