West Salem Redevelopment Grant

The HBCU Founders Accelerator is a customized 16-week intensive program, primarily conducted virtually. It commences with goal-setting discussions, the development of a work plan, and the identification of key performance indicators (KPIs) to track progress. Throughout the program, each portfolio company is provided with dedicated executive-level support from paid advisors. With a cohort size of 8-10 startups, our accelerator seeks to create a collaborative environment to foster entrepreneurial success. We make an initial investment of $120,000 in each selected startup to help support their growth.

The Vibrant Places program supports local businesses that invest in improvements to their exterior appearance, including facades, landscaping, signage, and windows. The goal of the program is to enhance the vibrancy and improve the physical appearance of our commercial, industrial and mixed-use buildings. Grants range from $1,500-$50K based on business location and project scope. Maximum grant amount: $30K-$50K, depending on the location of the business. Businesses are required to contribute matching funds toward the total project cost. Funding is provided on a reimbursement basis. Businesses must cover expenses upfront and request reimbursement after project completion. Not all project components may qualify for reimbursement.

Virginia Enterprise Zone Job Creation Grants incentivize businesses that bring jobs to areas falling within defined Enterprise Zones. Eligible companies may claim grants for up to 350 jobs per year and must create over four full-time jobs to qualify for a five-year grant period. Awards are per-employee and range-based on the salary offered, benchmarked against the federal minimum wage or the Virginia minimum wage, whichever is higher. For jobs providing 150% of the minimum wage, companies receive up to $500 per worker. Those offering 175% of the minimum wage get up to $800 annually per worker. In areas with high unemployment, companies can receive a defined grant of $500 for jobs paying 125% of minimum wage and $800 for jobs paying 175%.

The Seattle Back to Business Program provides Seattle small businesses with reimbursement grants to recover from vandalism and property damage and to invest in preventive security measures. Administered by the Seattle Office of Economic Development (OED) , the program builds on the original Storefront Repair Fund (which ran from 2022 to 2024) and consolidates two. The first grant pathway is the Storefront Repair Fund, which reimburses up to $3,000 per incident for the cost of repairing storefront property damage such as broken doors, locks, fences, gates, signs, and windows; businesses may apply for up to three separate incidents that occurred on or after July 1, 2024. The second is the Storefront Security Fund, which provides a one-time reimbursement of up to $6,000 to fund preventive security improvements such as window or door reinforcement, locks, signs, security window film, and shatterproof glass; applicants must first complete a Crime Prevention Through Environmental Design (CPTED) security assessment with a certified expert, and only purchases made after that assessment qualify. Both grants operate as reimbursements, meaning eligible expenses must be paid before applying. To qualify, businesses must be independently owned and non-chain, located within Seattle city limits, have no more than 50 full-time equivalent employees and no more than three locations, generate between $1,000 and $7 million in annual net revenue, and have been in operation for at least 12 months. Priority is given to small businesses owned by people of color, women-owned businesses, and businesses located in highly distressed census tracts. Graffiti removal, security cameras, and loss of stolen goods are not eligible expenses under either fund.

It Pay$ to Plug In provides grants to offset the cost of purchasing and maintaining electric vehicle charging stations. The program is designed to expand New Jersey’s growing network of electric vehicle infrastructure, allowing residents, businesses, and government agencies to purchase and drive electric vehicles. EVs dramatically reduce vehicle emissions and improve air quality for everyone.