Downtown synergy: Facade grants

August 9, 2010 § 1 Comment

We love downtown (we call it home, after all), but certain parts of it could use a facelift.

Did you catch the article in The Metropreneur about grant money from the City of Columbus for downtown economic development? The idea is that while downtown has really picked up some sparkle in recent years, there are still many decaying and abandoned storefronts and facades in dire need of revitalization. Mayor Coleman named the Mile on High zone (bound by Third, Spring, Mound and Front Streets) as the area intended to receive grant dollars for spruced-up storefronts. The City Council approved this program last December; a boon for independent business owners who may not otherwise be able to cover the cost of signage and awnings.

ECDI loans can certainly work some miracles, but our small business loans do have some limitations. Specifically, ECDI loans cannot be used for construction or real estate acquisition. So, a call to all those dynamic, brilliant, hard-working entrepreneurs: apply for this grant and get your digs looking fresh. Down the road, when you need equipment, supplies, or inventory, remember this: ECDI has capital to lend.

Those interested in applying for facade grants should call the City of Columbus, Department of Development, Economic Development Division at (614) 645-8616.

Those interested in applying for ECDI’s programs (including our Microenterprise Loan Program) should call (614)559-0115 or visit www.ecdi.org and submit an inquiry through our contact form.

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