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Downtown Asheboro 
'Business Boost' Grant Program

The Downtown Asheboro Business Boost Grant supports small businesses in the Downtown Asheboro Historic District by providing funding for businesses that want to implement a new innovative idea, improve their operations, and strengthen their presence downtown.

 

This program will provide grant funding up to $2500.00 for proposals within the downtown district that meet the eligible criteria of the grant program. Projects can focus on physical storefront improvement, business expenses related to enhancement of services, or the development of e-commerce tools to help expand your digital footprint.

 

The grant application is open to all business owners within the Downtown Asheboro Historic District.

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'Business Boost' Grant Application Submission Form

Submit your application by September 30, 2026. You can submit your completed application at this form or at the Planning Desk at Asheboro City Hall, located at 146 N Church Street.

Grant recipients will be announced by November 1, 2026.

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Applicant Information

Timeline: 

  • Grant Program Announced & Application Period Opens September 1 

  • Application Deadline September 30

  • Applications Reviewed by Committee in October

  • Grant recipients notified November 1 

  • Project Completion Date (Deadline to submit expenses) March 15, 2027

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Eligible projects may include:

  • Storefront improvements, such as awnings, signage, planters, and other beautification projects.

  • Improvements to physical space, including expanded seating, accessibility improvements, or fixtures needed to meet public health requirements.

  • Technology or equipment that improves sales, service, capacity, or business operations.

  • Tools or programs that support workforce needs, including employee training, recruitment fees, or job-posting expenses.

  • E-commerce tools or other improvements that expand a business’s digital presence.

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Funding is not guaranteed by submitting an application. Applications will be reviewed by a committee of stakeholders outside of the downtown district. Projects will be evaluated based on:

  • Feasibility and readiness of the proposed project, including clarity of scope and ability to complete it successfully.

  • Potential to strengthen long-term business stability and sustainability.

  • Necessity and urgency of the improvement, including safety, maintenance, accessibility, or operational needs.

  • Contribution to the overall vitality and appearance of the downtown district.

  • Capacity of the applicant to complete the project within the proposed timeline and budget.

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To be eligible, applicants must meet the following requirements:

  • Small business: The business must have fewer than 50 employees.

  • Downtown location: The business must have a physical storefront located within the Downtown Asheboro Historic District.

  • Eligible expenses: Grant funds must be used for eligible project expenses that support business growth, improvement, or enhancement.

  • Historic preservation: Any physical changes to a historic building must comply with the Secretary of the Interior’s Standards for the Treatment of Historic Properties and any applicable local requirements.

Nonprofits: Nonprofit organizations that operate a storefront small business may apply.
 

Grant funds cannot be used for:

  • Payroll or employee incentive pay.

  • Rent.

  • Utilities.

  • Other expenses that do not directly support an eligible project.
     

All applicants must agree to participate in a one-on-one resource session with Downtown Asheboro Inc. following application submission. This session will provide information about additional resources available to support downtown businesses.

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