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Portsmouth EDA reports steady demand for business grants, approves two real‑property awards

3548083 · March 18, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Portsmouth Economic Development Authority reported ongoing interest in its small‑business grant programs and approved two real‑property investment grants totaling $37,250 in reimbursement requests at its March 18 meeting.

The Portsmouth Economic Development Authority on March 18 reported continued demand for its business investment grant programs and approved two real‑property grants to support building renovations.

The authority’s staff told commissioners that the Smart Start Business Development Grant has awarded $40,000 through the third quarter and that four applications were received in that period. Staff said participation by SWAM-certified firms has been about 95 percent year to date. The EDA also reported 10 applications this fiscal year to…

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