Grants & Incentives
DGI directs specific programs to help attract investment within the Downtown BID District. In addition, we commission studies and track data that can be helpful in making investment decisions and keep up with local ordinances that can impact development. Please contact us directly if we may assist you with data tracking when determining business growth downtown.
DGI First Friday Micro Grant
The DGI First Friday Micro Grant Program is designed to support small businesses located downtown in activating their storefronts and enhancing their presence during First Fridays. This funding provides funding for creative, customer-focused experiences that encourages increased foot traffic, expand engagement opportunities, and contribute to a more vibrant downtown environment. This grant is a reimbursable grant of up to $250.
DGI Facade Grant
The DGI Facade Grant Program is designed to provide an economic incentive for renovating building facades, to encourage quality design and construction that enhances the historic character and the appearance of the area, to improve the business setting, and to provide a timely application and review process. This grant provides up to $5,000 in exterior improvements.
DGI Catalyst Grant
The DGI Catalyst Grant Program is designed to support the economic vitality of Greensboro's Central Business District by providing financial assistance for the enhancement and/or redevelopment of eligible commercial properties. The program will allow Downtown Greensboro Inc. to award financial assistance, at its discretion, to any property or business owner with a qualified project to help pay a portion of costs associated with renovating an existing commercial business space or preparing it for a new business venture.
Additional Resources
In addition to the two DGI-run grant programs above, the following resources may be helpful to business/building owners seeking financial support within the Downtown BID district:
Historic Tax Credits
For more information on federal and state historic preservation tax credits, contact the State Historic Preservation Office in Raleigh at 919-807-6590.
Banks and Other Financial Institutions
Many local banks and credit unions offer small business loans and assistance on how to best utilize your personal assets. Many also work directly with the Small Business Administration (SBA). Please contact your local banker for assistance and guidance. DGI works closely with several institutions with business lending capabilities. Contact us for a list of preferred banks.