New Grant Programs Available 🙌

NEW GRANT PROGRAMS AVAILABLE FOR

SMALL BUSINESSES & PROPERTY OWNERS

The LA Fashion District BID created a variety of new Economic Development programs to offer in 2021. The 4 programs will help small businesses and property owners who have been impacted by the COVID-19 pandemic. These new response and recovery efforts have officially launched and are now accepting applications. Here’s a snapshot of the new Economic Development programs and a brief description of each.

SPACECONNECT

A Leasing Incentive Grant Program that offers $10,000 grants to incentivize companies to lease ground floor commercial space within the LA Fashion District BID boundaries. Small to medium size independent retailers, arts & culture collectives, fast casual dining concepts, and personal care businesses are eligible to apply. Successful applicants will receive a $10,000 grant in addition to help with site selection and partner brokers.

#SMALLBIZLOVE

A Business Development/Improvement program specifically for existing merchants located within the LA Fashion District BID boundaries. The businesses selected will be awarded grants (valued at $500-$2500) in the form of creative services such as web design, photography, signage, branding, etc., to be used for their business immediately.

YOU ARE HERE

A Pop-Up Retail Program that activates vacant spaces at (3) locations within the LA Fashion District BID boundaries. The spaces available will be rent-free opportunities for tenants to temporarily have their businesses reside in the LA Fashion District neighborhood for at least (3) months or longer. The goal of YOU ARE HERE is to enhance the pedestrian experience in the LA Fashion District, support local makers/entrepreneurs/retailers and bring attention to properties for lease in the LA Fashion District.

SPRUCE IT UP

A Façade Improvement Matching Grant Program that seeks to enhance the environment of the LA Fashion District neighborhood with building and public realm improvements. Existing property owners and businesses located within the LA Fashion District BID boundaries are eligible for up to $6,000 in matching grant funds for improvements to their building’s exterior. All grants will be awarded to eligible applicants while funds are available.

For more information about these programs, including complete program details, eligibility criteria, and how to apply, please visit: fashiondistrict.org/econ-dev