Beginning October 3, 2011, the City of Jackson’s Office of Economic Development will accept applications for its Small Business Development Grant (SBDG) and Storefront Improvement Grant (SIG) programs.
The Small Business Development Grant Program (est. 2004) assists small business owners with the purchase of operational or technological equipment such as computers, cash registers, security systems, and POS machines. The Storefront Improvement Grant Program (est. 1999) assists small business owners with facade upgrades such as lighting and signage. Both are funded through the U.S. Department of Housing and Urban Development’s Community Development Block Grant Program (CDBG).
Businesses located within a designated Urban Renewal area can receive up to $15,000 from each program. Businesses located outside of the Urban Renewal Areas can receive up to $10,000 from each program. The City will reimburse 75% of approved spending up to the maximum amount. Technological equipment that does not exceed $5,000 will be reimbursed 100%.
For more information on eligibility requirements or to apply, call 601-960-1100 or visit the Office of Economic Development at 200 S. President Street, Suite 223. Office hours are Monday through Friday from 8 a.m. to 5 p.m.
The Mississippi Free Press produced this story through the MFP Solutions Lab, supported by the Solutions Journalism Network. This series digs into Mississippi’s systemic issues and sheds light on responses to them in other communities. Beyond just reporting on problems, these stories interrogate their causes and inspect potential solutions.