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City of Raleigh’s Building Up-fit Grant

This program provides financial support to commercial property owners and tenants in Raleigh for improving vacant or underutilized spaces to foster business growth and job creation.

$25,000
Closed
Grant Description

The City of Raleigh's Building Up-fit Grant is a municipal funding initiative aimed at encouraging the revitalization and economic development of underutilized commercial properties within the city limits of Raleigh, North Carolina. Administered through the Housing and Neighborhoods Department, this grant supports property owners seeking to repurpose vacant or idle commercial spaces into active business operations or job-generating ventures. The program emphasizes the importance of supporting small businesses and fostering growth within designated economic priority areas of the city. This grant functions as a matching reimbursement program, wherein eligible recipients can receive funding that covers up to 50 percent of qualified interior construction costs. Notably, the grant does not apply to residential properties, locations outside the City of Raleigh, or franchises. Furthermore, the funding is limited exclusively to interior improvements, with exterior renovations being ineligible. Applicants must consult the Building Up-fit Grant brochure and FAQ before initiating the process to understand all requirements and restrictions. The application process for this grant is structured around quarterly funding cycles. Applicants begin by completing an eligibility assessment form. If deemed eligible, they will receive an application form via email from City staff. Those found ineligible will be notified accordingly. Submissions are only accepted during active grant windows, and deadlines are firm for each quarterly cycle. Priority is given to businesses located within identified economic development priority areas in Raleigh. These locations are mapped out and applicants can use an online tool to determine if their business falls within one of these areas. Businesses in these zones may be eligible for enhanced grant terms and increased funding support. The grant cycles for 2025 are as follows: the first quarter opened on January 9 and closed on February 2, with awards announced February 21. The second quarter opens on April 3 and closes April 27, with award notifications on May 16. The remaining application periods occur in July and October. For more details or assistance, applicants may contact Carl Brooks II, Small Business Support Analyst, via email at Carl.BrooksII@raleighnc.gov or by phone at 919-996-6959. It is essential to review all linked documents and FAQs to ensure compliance with application procedures and eligibility criteria.

Funding Details

Award Range

$5,000 - $25,000

Total Program Funding

$125,000

Number of Awards

Not specified

Matching Requirement

Yes - 50% Match required.

Eligibility

Eligible Applicants

Small businesses
For profit organizations other than small businesses

Geographic Eligibility

Raleigh

Key Dates

Application Opens

April 3, 2025

Application Closes

April 27, 2025

Contact Information

Grantor

Carl Brooks II

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Business and Commerce
Infrastructure
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