Overview
The Local Small Business Repair Grants are emergency funds that use funding allocated by City Council to provide support of up to $10,000 to local small businesses needing immediate repairs. Grants are available throughout the city where businesses have sustained physical damage – such as broken windows or doors, graffiti, or sign damage – as a result of vandalism. Grants are intended to help the eligible business remain open and operational and should contribute to maintaining a healthy street environment. Prosper Portland will provide the grant on a reimbursement basis, with no required match.
Who does this program serve?
Eligible small businesses within Portland city limits that have been impacted by exterior vandalism or related break-in expenses. Expenses must have occurred within six months of application date.
Timeline
Grant is ongoing as of July 2023.
How do I apply for this program?
Applications for the Restore Grant can be submitted during an open application cycle thru our website – www.prosperportland.us/repair. Applications are ongoing and served on a first-come-first-serve basis.
How is this program funded?
The City of Portland has committed $2.3 million to this program. This money comes from the federal government’s 2021 American Rescue Plan local recovery funds. Portland will receive a total of $208 million from the American Rescue Plan and has the next few years to spend it. The City of Portland is spending money in three priority categories:
- Houselessness Response and Household Stabilization
- Small Business and Commercial District Stabilization
- Community Health and Safety
Read more about these investments in this article: American Rescue Plan: Investing in Portland
Who manages this program?
Prosper Portland, the city’s economic development agency, operates this program. Prosper Portland’s mission is to create economic growth and opportunity for Portland.
Results
We want to be transparent and accountable with how the City of Portland is spending American Rescue Plan money. Explore the different projects at our Rescue Plan Open Data website.