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A healthy community has a vibrant mix of businesses, lifts up and helps existing businesses grow, and supports newcomers. The Bath Business Fit Up Grant Program (Fit-Up grant) deploys matching grant funds of up to $12,500 to eligible businesses seeking to open or expand a brick & mortar location within the City of Bath. The grant will provide financial assistance for fit-up, interior improvements, expansions, and other activities that help improve existing or activate underutilized commercial spaces.
Grant Amount: Up to $12,500 per grant. Funding levels are determined at the discretion of Bath Development Corporation and are aligned with the priorities and availability of funds.
Type: 1-to-1 cash match will be required for all grants.
Eligibility: Businesses opening a new location or expanding an existing location within Bath. Preference will be given to businesses filling vacant storefronts and underutilized spaces.
Purpose: Funding for business improvements, expansions, and other eligible activities. This is the first round of funding provided by Bath Development Corporation. $50,000 will be released in round 1. Future rounds may occur based on funding availability.
Grantee Payment and Close Out Details: Grant funds will be disbursed on a reimbursement with proper invoice and confirmation of payment documentation. Funds are to be used within 6 months of fit-up grant approval. Funds may not be used for projects other than the project approved by the BDC.
More information at https://archive.cityofbathmaine.gov/departments/DECD/fitupgrant