Thrive Business Grant

Applications Due: Closed
Private
Trophy Club Economic Development Corporation

Description

The Thrive Business Grant (TBG) is a program by the Trophy Club Economic Development Corporation aimed at supporting local businesses through reimbursable matching grants. The initiative focuses on enhancing the visual appeal and competitiveness of businesses in Trophy Club, driving economic growth and community prosperity. In 2023, the EDC allocated $300,000 to launch this program, supporting projects like façade improvements, interior renovations, and equipment purchases to maintain the town's charm and stimulate customer growth.

Eligible applicants include property owners and tenants in Trophy Club who meet specific criteria such as being current on taxes, having no municipal liens, and adhering to local and state regulations. The application process involves Town Council approval, with a timeline starting on May 28, 2024, and deadlines on September 30, 2024, for applications, followed by reviews and tentative approval dates in December 2024. Projects must start within six months of grant receipt and funds are provided as reimbursements post-completion.

Eligibility

States
Texas
Regions
Trophy Club - (Map of eligible area is on website)
Eligible Entities
Exclusive - see details, Nonprofits, Small businesses

Funding

Program Funding
$300,000
Award Ceiling
Award Floor
Award Count

Timing

Posted Date
July 12, 2024
App Status
No Longer Accepting Applications
Pre-app Deadline
Application Deadline
September 30, 2024

Funder

Funding Source
Source Type
Private
Contact Name
Brandon Wright
Contact Email
Contact Phone

Why Organizations Trust GrantExec

$78.81B
Available Funding
7,151
Active Grants
224
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