Goodwin Announces Third Round of Small Business Investment Grants

Mayor Amy Shuler Goodwin today announced the third grant cycle of the City’s Small Business Investment Grants is open. To date, funds awarded in the first two grant rounds total over $175,000. In the first two rounds, businesses were able to apply for up to $5,000. During the third round, businesses will be able to apply for up to $10,000.

“We see that businesses throughout the City continue to need financial assistance during this difficult time,” said Mayor Amy Shuler Goodwin. “We are excited to raise the amount of grant funding this round to allow folks to apply for up to $10,000. This also gives folks that have been awarded funding in the first two rounds the opportunity to apply for additional funds.”

Examples of projects that qualify for this grant funding include broadband connectivity, marketing, advertising, demolition projects, construction of exterior and interior surfaces including doors, windows, fences, stairs, ramps, painting and more. Project work must be started within six months of the grant award and must be completed within one year. The maximum annual grant award for any one business is $10,000 and grant recipients must match any award amount by 25%.

The Small Business Investment Grant application can be accessed at https://bit.ly/3rsBWHN.

For more information, contact Jane Bostic, Special Assistant to the Mayor, at 304-348-8174 or jane.bostic@cityofcharleston.org.