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Small Business Building Improvement Grant (BIG) Program

CAPITALIZE ALBANY CORPORATION

Funding Amount

$1,500 - $25,000

Deadline

Rolling / Open

Grant Type

foundation

Overview

Small Business Building Improvement Grant (BIG) Program

Status: NO LONGER ACCEPTING APPLICATIONS

Geographic Scope: City of Albany

Award Amounts:

  • Standard grants: $5,000 up to $25,000

  • Microgrants: $1,500 to $4,999
  • Eligible Applicants:

  • Aspiring entrepreneurs and new businesses

  • Existing Albany businesses seeking to grow
  • Eligible Uses: Capital investments including:

  • Interior and exterior renovations preparing a commercial space for an eligible use

  • Machinery and equipment purchases
  • Overview: The Small Business Building Improvement Grant (BIG) Program provides access to critical funding necessary for aspiring entrepreneurs and new businesses to get off the ground in the City of Albany and for existing Albany businesses to grow. Made possible by the City of Albany, the BIG Program made available flexible, recoverable, reimbursable grants to eligible applicants with qualified projects to assist with costs associated with capital investments.

    Grant Awards: Issued as a reimbursement upon a project's completion.

    Application Process:

  • Step 1: Intake and Eligibility Forms (January 11 - February 10, 2023)

  • Step 2: Project Questionnaires and Required Documents (January 17 - February 17, 2023)
  • Contact: E: Development@CapitalizeAlbany.com | P: (518) 434-2532

    Focus Areas & Funding Uses

    Fields of Work

    small-businessesstartupscapital

    Categories

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