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Haverford Township is pleased to introduce the Business Revitalization and Modernization Matching Grant Program. This competitive matching grant program offers awards of between $10,000 - $25,000 to businesses or commercial property owners to promote economic growth and development in Haverford Township. A total of $200,000 in funding is available.
During the COVID-19 pandemic, many businesses were forced to make difficult decisions that significantly impacted their bottom line and future development. This matching grant may cover expenses related to renovating interior business and dining areas, improving exterior façade and outdoor seating spaces, purchasing and/or installing energy-efficient equipment, or implementing technology upgrades to enhance online purchasing and customer engagement. By supporting these improvements, the Township aims to help local businesses attract more customers, increase revenue, and remain competitive.
Funds for this program are provided to Haverford Township by the federal government through the American Rescue Plan Act to support economic development in Haverford Township. The program administrator on behalf of the Township of Haverford is the nonprofit organization Discover Haverford.
Through this program, businesses will be expected to make a full and complete initial capital investment in their project, seventy-five percent (75%) of which will ultimately be reimbursed by the Township if approved. The business or commercial property owner is expected to pay twenty-five percent (25%) of the costs associated with the project. Grants awarded will be a minimum of $10,000 and a maximum of $25,000. The total cost of the project must be at least $13,333 to receive the minimum $10,000 from the Township; likewise, the application will need to spend at least $33,333 to receive the full $25,000 reimbursement by the Township.
Applications will be accepted beginning January 15, 2024 through February 16, 2024 at 4:00p.m. Complete guidelines and application forms can be downloaded below.
Contact Jeanne Angell at email@example.com if you have questions after reviewing the application packet and scoring rubric.
Discover Haverford/HPED and Haverford Township managed a Matching Façade Grant Program (using funds from the American Rescue Plan Act) in 2022 -2023. Over $200,000 was awarded to 20 businesses for new windows and doors, awnings, signage, landscaping, cleaning and painting, brick pointing, fencing and total facade renovations! Check back for before and after photos!
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