Small Projects Commercial and Business Incentive program

Small Projects Commercial and Business Incentive program

Small Projects Commercial and Business Incentive program Purpose The purpose is to provide incentives in the form of matching grants to encourage the retention and relocation of businesses to the Redevelopment Areas. The program will provide assistance for improving the interior and exterior of all commercial buildings to meet building codes, increase occupancy and improve the business climate. Eligibility Commercial properties located in any one of the five CRAs are eligible to apply for grants, provided the business is a conforming use and has a Business Tax Receipt (BTR). Any existing or new business within the City of Daytona Beach Redevelopment area. Project Funding Existing Businesses Existing businesses may receive awards of up to 50% of the total project cost with no single grant exceeding $15,000. New Businesses New, expanded or relocated businesses may receive awards of up to 75% of the total project cost with no single grant exceeding $20,000. Application Application (PDF) Additional information about the Small Projects Commercial & Business Incentive Program (PDF)