Salisbury, MD – Business owners looking to start or expand a business in the Downtown Salisbury area can apply for funding from the City of Salisbury.
The City will apply for funds from the Maryland Department of Housing and Community Development’s Project Restore 2.0 program and then sub-grant the funds that are received to the selected projects; the City does not yet have the funds. Funding can range from $30,000-$300,000.
The purpose of the Project Restore 2.0 grant is to support downtown and historic commercial corridors by activating vacant properties with street-level access. Properties must be in the City of Salisbury’s Sustainable Community Area; a map is available at the link below.
Funds awarded to businesses can be used for rent payments; renovation and fit-out of the building; and furniture, fixtures and equipment. The business must be open by December 2025.
“Opening or expanding a business can be expensive, so I’m very appreciative of DHCD for this funding opportunity,” said Allen Swiger, director of the City’s Arts, Business and Culture Department. “By reviving these vacant spaces, we hope to generate more foot traffic and visitation to Salisbury. I look forward to seeing what creative ideas come in from our small business community.”
To fill out the City of Salisbury’s application to become a grant sub-recipient, visit www.bit.ly/ProjectRestoreSBY. The deadline to apply is April 14, 2024.
