Portland Repair/Restore Grant
Portland Repair/Restore Grant
Prosper Portland
ABOUT THE GRANT
The Local Small Business Expanded Repair/Restore Grant Program provides Portland small businesses with reimbursement grants of up to $25,000 to repair damage caused by break-ins and vandalism, install preventive security improvements, and offset rising insurance costs. Administered by Prosper Portland (the city's economic development agency) the program is designed to help affected businesses remain open and operational while contributing to a healthier street environment across the city.
Eligible expenses include exterior repairs such as window and door replacement, graffiti removal, signage repair, gate repair, security system replacement, and exterior lighting; interior repairs (up to $2,500) such as door replacement, counter repair, and furniture/equipment replacement; security and prevention improvements such as cameras, alarm systems, scissor gates, overhead doors, and safes; and increases in business insurance premiums (up to $5,000). To qualify, businesses must hold a current City of Portland business license and Oregon state business registration, operate a customer-facing ground-floor small business or food cart within Portland, have 50 or fewer employees, and maintain consistent hours of operation. Property owners who do not operate the storefront business themselves, businesses in non-commercially-zoned spaces, landlords and property managers, and cannabis-specific businesses are not eligible. Ineligible expenses include inventory replacement, security personnel, mural repainting, lost sales or wages, and any damages already covered by a successful insurance claim. Grants are issued on a reimbursement basis for eligible repairs or improvements completed up to 90 days prior to the application date.
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NOTES
We haven't added commentary on this grant yet. In the meantime, the fundor's website (linkeded above) is the best source for application details and eligibility specifics.
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