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GROW Program

This program provides financial support for essential improvements to commercial buildings in The City of Frederick, targeting small businesses, including those owned by minorities and women, as well as businesses involved in neighborhood revitalization or recovery from disasters.

$10,000
Active
Rolling Deadline
Recurring
Grant Description

The GROW Program aims to financially support physical improvements to commercial buildings in The City of Frederick. The program offers competitive, conditional matching grants to eligible small businesses, including minority/woman-owned businesses, business incubator graduates, businesses conducting neighborhood revitalization, and those recovering from disasters. Grants range from $5,000 to $10,000 and support improvements like fire suppression systems, ADA compliance, and HVAC upgrades, excluding cosmetic projects. Applications are accepted on a rolling basis, subject to fund availability, and must be discussed with the Department of Economic Development before submission. Eligible expenses include critical building functionality or life-safety improvements, but exclude cosmetic projects. Grant awards are based on criteria such as business growth potential, property improvement, community impact, financial leverage, and demonstrated need. Projects must score at least 14 points to be eligible for funding, which is provided as reimbursement after project completion and payment.

Funding Details

Award Range

$5,000 - $10,000

Total Program Funding

Not specified

Number of Awards

Not specified

Matching Requirement

Yes - 50% of the minimum $5,000 grant

Additional Details

Awards are given as reimbursement for completed physical improvements. For larger projects, grants can be paid once the matching requirement is met.

Eligibility

Eligible Applicants

Small businesses

Additional Requirements

Eligible applicants must be small businesses with fewer than 25 Full Time Equivalent Employees, including minority/woman-owned businesses and graduates of a business incubator or accelerator program. Other business categories may be determined by the Director of Economic Development with the concurrence of the Mayor.

Geographic Eligibility

City of Frederick

Key Dates

Application Opens

Not specified

Application Closes

Not specified

Contact Information

Grantor

The City of Frederick

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Categories
Business and Commerce
Community Development
Diversity Equity and Inclusion
Disaster Prevention and Relief
Capacity Building

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