Main Street Milton’s Business Improvement Program now accepting applicants

Published on June 18, 2018 with No Comments

Special to MiltonLocal.com

Main Street Milton is a state of Florida Not-For-Profit, 501(C)3 corporation, recognized by Main Street America and Florida Main Street, focused on revitalizing the historic, traditional downtown Milton Business District.  Created in 2001, Main Street Milton works with all community stakeholders to preserve, protect, promote and enhance the district through a collaborative approach focused on economic development, historical and architectural preservation.

We are pleased to announce that the application process is now open for Main Street Milton Business Improvement Program (BIP) for downtown businesses.  This program provides commercial property and companies an opportunity to apply for grants or loans for façade improvements, signage, landscaping, infrastructure and business start-up/expansion expenses.  The program provides funding to upgrade the appearance of properties, increase property values, and stimulate economic activity within the Main Street Milton service area and the City of Milton’s Community Redevelopment Area.  BIP is available to property owners or business tenants only.

Funds are awarded in three categories:

Sign Grant

 

Up to $500 to be used exclusively for new or replacement business exterior signage.  No match is required.

Commercial Façade Grant

 

Up to $2,500 to be used for improvements to the exterior façade of a building.  A 100% match is required.

Business Micro-Loan

 

Up to $5,000 to be used for commercial façade improvements, equipment, signage, etc.  A 100% match is required.  20% of the loan is forgiven annually.

 

Applications are accepted on a first-come, first-served basis.  However, preference will be given based on the following criteria: first-time applicants; applicants with projects along Caroline and Willing Streets; projects in historically significant structures; and/or projects creating a minimum of 5 full-time positions within the first year.

For more information, or an application, please contact Main Street Milton at (850) 564-1647 or email Ed Spears, Executive Director, at espears@miltonfl.org.

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