Fast Facts: REOPEN Downtown Dayton Grant Awards $719,000 to Local Businesses

Mike Colvin Fast Facts

The REOPEN Downtown Dayton grant program partners announced earlier this week that more than $719,000 has been invested in 119 small businesses in downtown Dayton. “We understand the importance our first-floor businesses contribute to the overall vibrancy of downtown Dayton,” said DDP President Sandra K. Gudorf. The grant program, kick-started by a generous donation of $500,000 from the CareSource Foundation and an additional $200,000 from the DDP, issued individual awards between $1,000 and $10,000 to downtown Dayton businesses as a form of gap funding. We also thank the Dayton Area Chamber of Commerce and CityWide Development for their support in this program. Of the small businesses receiving grant funding, 29.5% are minority-owned and 49.1% are woman-owned. The awards are intended to cover operational expenses and help businesses keep their doors open and lights on until their revenue sources recover. Along with this grant program, the DDP has spearheaded other programs for downtown businesses including the gift card bonus buy program, complimentary professional services offerings, and the innovative Pop-Up Patio starter kit.

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