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Keene EDC approves business improvement grant program with $1,000 minimum, $10,000 board cap
Summary
The Keene EDC board approved a resolution to establish a business improvement grant program that would reimburse projects after completion and inspection, offers up to $10,000 from the board (projects can reach $20,000 with matching funds), and includes a three-year clawback provision; council approval is required to finalize the program.
The Keene Economic Development Corporation (EDC) Type A board approved a resolution to establish a local business improvement grant program for businesses within Keene city limits.
Board discussion described program mechanics: the EDC would contribute up to $10,000 per approved project, with the expectation of matching funds from the business so a project could total up to approximately $20,000. Board members said reimbursement will occur after the project is completed and inspected, and…
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