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Williamsburg is excited to offer a new opportunity to encourage private investment in the Williamsburg Tourism Zone. To complement the tax benefits that are available to qualifying businesses within the tourism zone, the Economic Development Authority offers Small Business Improvement Grants within this area to encourage existing businesses and commercial property owners to invest in their properties through façade improvements, interior renovations, landscape enhancements, and other capital investments.
The Small Business Improvement Grant Program expires on June 30, 2018. To qualify for this program, an eligible business owner or property owner must apply on or before this date.
The Williamsburg Economic Development Authority (EDA) Small Business Improvement Grant Program encourages existing business owners and commercial property owners within the Williamsburg Tourism Zone to make capital investments to enhance the vibrancy and character of this area of the City. The program encourages investment in existing commercial properties to improve the economic vitality of commercial areas from functional and aesthetic perspectives, with the ultimate goal of increasing customer traffic and business revenue.
The Small Business Improvement Grant Program will be administered by the Williamsburg EDA and will provide grants for exterior and interior improvements to commercial properties within the Williamsburg Tourism Zone.
The following improvements are eligible to receive a Small Business Improvement Grant:
- Design and construction costs associated with qualified improvements
- Canopy or awning installation and/or repair, where appropriate
- Repair or replacement of façade materials
- Landscaping improvements
- Hardscape improvements (benches, brick sidewalks, etc.)
- Decorative fencing (chain-link fencing does not qualify)
- Removal/replacement of architecturally inappropriate or incompatible exterior finishes and materials
- Repair or replacement of windows, doors and cornices
- Exterior painting (when associated with a larger rehabilitation effort)
- Attached fixtures and/or installment of fixtures
- Construction of new walls/demolition of unnecessary existing walls
- Accessibility compliance
- Mechanical, electrical, and/or plumbing for build-out
- HVAC, fire suppression, costs of improvements to bring property into compliance with government codes
- Utility upgrades