A new grant program to help assist businesses affected by COVID-19. Will provide businesses in need of rental assistance with up to $2,500 a month for six months.
Up to $15,000
Application Fee – $94.74
The last day to submit your Tier One grant application is 5 p.m. on Monday, October 26, 2020.
Grants to business owners or property owners for up to 50% of the cost of exterior improvements made to the building façade in the areas visible from the adjacent street or other streets within the eligible area, and for awnings, signs, landscaping and other similar façade improvements.
Up to $10,000
Grand Opening Assistance
Reimbursement toward expenses that are directly related to the Grand Opening.
Up to $1,000
Business Incentive Grant
Funding to new businesses or existing businesses within the DDA District to assist with significant, permanent modifications to existing Downtown buildings.
Up to $50,000
Application Fee – $94.74
Read our Work Plan
Starting a business or gathering resources for your existing company? You’ll find much of the information you need through these organizations:
- Research and Studies
- 1909 Coworking and Accelerator
- Business Development Board
- Chamber of Commerce
- City of West Palm Beach
- City of West Palm Beach Market Profile
- Community Redevelopment Agency
- Discover the Palm Beaches
- Downtown West Palm Beach Market Profile
- Enterprise Florida
- Palm Beach County Industry Report: Office
- Palm Beach County Industry Report: Industry
- Palm Beach County Industry Report: Retail
- Palm Beach Tech
- Pride Business Alliance
- Tourist Development Council
- Work Plan Fiscal Year 2020 – 2024
- Workforce Alliance
What’s the market profile of Downtown West Palm Beach?
In 2015, nearly 350,000 residents will live within a 15-minute drive of Downtown. These 138,100 households and 76,000 families comprise a diverse population of ethnicities with an average household income of $69,500. The city’s median age is 39, with 46% of the population age 25-64 and a full 78% over the age of 18. This residential base, when combined with a thriving tourism industry, brings businesses an eclectic consumer market with an international vibe.
How accessible is Downtown to potential customers and employees?
The Tri-Rail train station makes commuter access to and from Downtown easy and convenient for employees and visitors alike. Moreover, the city’s walkability brings thousands of people within an arm’s reach of your business’ front door! And as new companies continue to open and grow, they create bridges from one block to the next that facilitate traffic flow.
What attracts people (and potential clients/customers) to Downtown West Palm Beach?
In a nutshell, it’s good weather, great quality of life, cost-effective commercial and residential real estate, a low cost of living and no state income tax. Downtown is just 2½ miles from Palm Beach International Airport, and visitors have a choice of more than 30 hotels within a 2-mile radius. Visitors and residents can take a free Downtown trolley for getting around or use 2,800 parking spaces. Unlike most other cities, WPB gets busier in the winter months, but large summer events such as Sunfest draw huge crowds.
Why is doing business in WPB better than elsewhere?
Current businesses say the Downtown Development Authority has a good grasp on the best interests of Downtown. A well-thought-out strategic urban plan supports businesses before and after they open through a variety of city-provided resources and incentives. And businesses support one another in a collegial atmosphere.
What quality of life can our employees expect?
Residential options in Downtown West Palm Beach and the surrounding neighborhoods offer a variety of options to match just about any lifestyle. From bohemian to trendy to urban to upscale, WPB gives its residents much more than good (OK, great) weather. Its citizens have created a city people can walk, ride bikes and push baby strollers in, be safe on the streets day or night, and explore a longer list of things to do than you could ever imagine.