Local Small Business Repair & Reopening Grant

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Local Small Business Repair & Reopening Grant2020-06-14T17:04:08+00:00

Project Description

Applications for the Repair Grant closed on Sunday, June 14 at 5:00 pm.
The Reopening Grant is coming soon! Sign up for email updates.

Local Small Business Repair & Reopening Grants

This program offers grant support to local small businesses and nonprofits.

Many Portland businesses have experienced an unprecedented level of stress and anxiety as a result of recent economic shocks. The Local Small Business Repair & Reopening Grants will use existing tax increment funding (TIF) resources to provide near-term support for small businesses and nonprofits impacted by the pandemic, compounded by recent physical damages some have experienced. With our community partners, we’ve identified areas within TIF districts where businesses have immediate repair needs. Those areas include NE Martin Luther King Jr Boulevard, the Central Eastside, and downtown/Old Town with priority for Black, Indigenous and all People of Color (BIPOC)-owned businesses and community-serving nonprofits  

Repair Grant (CLOSED)

  • Applications opened at noon, Tuesday, June 9

  • Applications closed at 5:00 p.m., Sunday, June 14

  • Applicants will be notified by Wednesday, June 17 with rapid disbursement to follow.

Repair Grant Details (CLOSED)

  • Local small businesses and nonprofits impacted by recent physical damages, with priority to BIPOC-owned businesses and nonprofits. 
  • With our community partners, we’ve identified areas within TIF districts where businesses have immediate repair needs.
    You can search for your business on this map to see if you are eligible.
  • Businesses must have a current City of Portland business license and be registered with the State Business Registry.
  • Nonprofits must be registered with the State of Oregon.  
  • Businesses must have annual gross revenue less than $2 million and employ 50 people or fewer. 
  • Businesses who have previously received Prosperity Investment Program grants from Prosper Portland are eligible. 

All improvements should be completed within the next six months.  

  • Immediate repairs 
  • Window/door replacement  
  • Graffiti removal and painting 
  • Boarding windows  
  • Replacement improvements only that do not require Bureau of Development Services permits 
  • Inventory replacement 
  • Business operating costs related to repairs 

Provide:

  • Business/organization information 
  • Statement of impact
  • Scope of improvements 
  • Estimated cost of repair

Apply online by 5:00 p.m., Sunday, June 14.

Prosper Portland will review the pool of submitted applications in its entirety once the application window has closed. Applications will be selected based on eligible geographic areas and proposed improvements, using a racial equity lens that prioritizes resources benefiting BIPOC-owned businesses and nonprofits.   

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