All 2022 BDF funding has been committed to support neighborhood businesses and entrepreneurs. Applications will reopen in the spring of 2023- please check back then!
The Business Development Fund offers funding to local entrepreneurs and neighborhood businesses with 10 or fewer employees. This empowers our local entrepreneurs, builds wealth, and adds job opportunities in our community. It also helps to create more complete neighborhoods.
Technical Assistance Grants up to $5,000: Technical Assistance Grants can be used for a variety of services to grow and strengthen a business. They can be used for things like bookkeeping, websites, digital point-of-sale subscriptions (Quickbooks, Toast or Square for example), legal fees, branding & design, and technology updates (like computers, printers, etc). This grant can also be used for architect services when renovating or expanding your business.
Facade Improvement Grants up to $25,000: Facade Improvement Grants help to make businesses and properties more attractive to customers by renovating street-facing parts of the building.
Whitebox Buildout Grants up to $25,000: Whitebox Grants provide funding to prepare interior space for a business. They can cover things like exhaust hoods, HVAC, or structural changes.
To be eligible, businesses must:
Be located in the city of Kalamazoo (you can see a detailed map of the city here
Have 10 or fewer employees
Have been in business for at least one year (you will need to show articles of incorporation, business license, or DBA)
Have annual revenue less than $1 million
Have not received Business Development Fund support in the previous year
Be current on property taxes with no bills or invoices overdue to the City.
Businesses located in Shared Prosperity Kalamazoo focus neighborhoods will be prioritized (Northside, Eastside, and Edison)
Sorry, but cannabis businesses and mobile/food truck businesses are not eligible.
A 1% application fee will be assessed for Business Development Fund grants.