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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.

Grant Guidelines

Grant Application

DGI Emergency Stabilization Fund

The DGI Stabilization Fund is a program designed to support small businesses located downtown in covering the cost of repairs and/or cleaning of their business due to vandalism, graffiti, or other damage sustained. This program provides financial support to help with unforeseen and unexpected situations that occur outside of a business's control. This grant is a reimbursable grant of up to $2,000. 

Grant guidelines

Grant application

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.