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Raleigh Storefront Upfit Grant
City of Raleigh
ABOUT THE GRANT
The Downtown Raleigh Storefront Upfit Grant provides new and expanding storefront businesses in Downtown Raleigh with reimbursement grants of up to $10,000 to help cover the cost of build-outs, improvements, and one-time stand-up expenses associated with starting or growing a storefront business. Administered by Raleigh Civic Ventures and currently funded by the Duke Energy Foundation, the program is designed to attract new retail, restaurant, and service businesses to downtown, support the expansion of existing retail, and direct support to strategic areas of the commercial core.
Maximum award amounts vary by location and business type: businesses opening in the program's Priority Area (including new retail, restaurant, service, experiential, and pop-up uses) are eligible for up to $10,000, while businesses in the broader grant boundary (retail uses and existing retail businesses expanding by at least 30%) are eligible for up to $5,000. Businesses with 50% or more ownership by individuals who identify as minority, women, LGBTQ+, veteran, or a person with a disability can qualify for an additional $2,500 Diverse Business Enterprise (DBE) booster within their applicable maximum. Eligible expenses include hard costs to physically upfit the space (such as construction, paint, and lighting), soft costs related to design and construction, and one-time stand-up expenses such as furniture, shelving, signage, POS systems, and décor. Recurring operating costs — rent, utilities, payroll, inventory, and cost of goods sold — are not eligible. Professional office and bar uses (defined as businesses deriving 70% or more of revenue from onsite alcohol sales) are explicitly ineligible, though breweries and distilleries with onsite production are eligible. Locally-owned and independently-operated businesses, new businesses occupying first-floor street-front space, and applications with strong matching private investment receive funding priority.
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NOTES
Please note: the deadline for this grant has passed but this is an annual program. By submitting an Interest form on the grant page you will be notified when the next round of funding opens.
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