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Keene EDC reviews $50,000 draft improvement grant to help small businesses
Summary
The Keene EDC Type A board reviewed a draft program to award an initial $50,000 in matching grants to local businesses for storefront and site improvements, discussed caps and tracking measures, and agreed to return a revised final draft next month.
EDC staff presented a draft small-business improvement grant program that would begin with $50,000 in city funds to help local storefronts, lighting and minor site work, the Keene Economic Development Corporation (EDC) Type A board heard on March 27.
Mr. Sites, an EDC staffer, told the board the $50,000 was “to start a city grant program to support local businesses” and described the draft as a 50/50 matching program intended to keep storefronts neat and encourage investment. He said staff envisions online applications and a board review process so members would have final say over awards.
Board members pressed for details on a per-project cap and…
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