DTSB will be concentrating grant funds on the Exterior Enhancement Grant for 2021 and will not be accepting applications for the Interior Improvement Grant nor the Retail Assistance Mini Grant this year. Check back in 2022!
2020 Interior Improvement Grant Info Appears Below
DTSB has established an Interior Improvement Grant encouraging the growth of a vibrant and thriving atmosphere in downtown South Bend by supporting new or relocating retail, entertainment, food and beverage based businesses who chose to occupy ground-floor commercial locations within the target area.
The Interior Improvement Grant is designed to enable new businesses to locate in the target area by helping bridge the financial gap between property owner and tenant by providing financial assistance (up to $5,000) on qualified improvements to the interior of a tenant’s space.
Existing businesses with a current location outside the target area who wish to move or open an additional location within the target area are also eligible.
Property owners opening a new business may also apply.
THE GRANT IS INTENDED TO ASSIST:
A new business located within the target area
An existing business relocating to the target area from outside the target area
An existing business opening an additional location within the target area
THE GRANT IS NOT INTENDED TO ASSIST
Existing businesses within the target area and who wish to change locations
WHO MAY APPLY
Program applicants can be property owners or tenants of commercial buildings. However, property owners and affected tenants must both sign the Grant Application in order to participate in the program.
ELIGIBLE BUSINESS TYPES
To support a compelling mix of retail, restaurant, and cultural tenants for the Central Business District, certain business and tenant types will be given priority.
Retail, Restaurant & Cultural Establishments
Arts Related Businesses
Bookstores, Music Stores
Quality Apparel, Shoes, Accessories
Sporting Goods, Active Lifestyle
Home Goods, Accessories, Furniture
General Merchandise Stores
Variety & Specialty Stores
Food Related Ventures