News
June 10, 2020Emergency Round of Grants To Support City Of Albany Small Business Owners
In response to damage done to numerous City businesses, applications are now available as part of an emergency response using the City of Albany Small Business Facade Improvement, and Retail Grant programs administered by Capitalize Albany Corporation. Application fees and investment match requirements will be waived to ensure there are no impediments to local businesses most at risk — minority or women-owned businesses and those that were directly impacted by recent vandalism and looting.
This round of programming can provide grants up to $10,000 to small businesses and/or commercial property owners with an existing small business tenant for exterior renovations or repairs as part of this emergency response. Local business owners are encouraged to contact Capitalize Albany as other improvements may also be considered for support. Examples of exterior renovations may include, but not be limited to: Repair of signs, lighting, windows, awnings, storefronts and entrances, doors, brickwork, painting and repair of decorative details. Additional details are available at www.CapitalizeAlbany.com/Grants.
Capitalize Albany was able to respond to local needs and make this funding available quickly by adapting existing capital improvement programs administered by Capitalize Albany and made possible by the City of Albany Capital Resource Corporation and the Albany Community Development Agency that had been put on hold as a result of the COVID-19 pandemic.
