GRANT OPPORTUNITIES
The Storefront Enhancement Grant (SEG) Program , is a reimbursement grant program that funds up to 50% of eligible exterior improvement project costs, with a maximum grant award not to exceed $10,000 per project.
The SEG Program is designed to support development efforts that contribute to the economic sustainability, redevelopment, and revitalization of the downtown District.
Any business or property owner within the DDA District is eligible to apply for the SEG Program. Please note: tax-exempt properties are not eligible for this program.
Once a project has been completed, SEG Program grant recipients must wait a minimum of six (6) months from the date the project grant amount is awarded until they may reapply for grant funding for the same property location under the SEG Program.
The Storefront Enhancement Grant is made possible in part by the Laramie County Economic Development Joint Powers Board.
The SEG Program is a reimbursement grant program that:
FOCUSES ON THE EXTERIOR STRUCTURE OF A BUILDING/BUSINESS
Approved projects positively contribute to the overall streetscape and walkability of the downtown District.
INCREASES THE CURB APPEAL WITHIN THE PUBLIC RIGHT-OF-WAY AND ACTIVATES THE PUBLIC ENVIRONMENT
A more pedestrian friendly and inviting Downtown helps attract businesses, residents, and customers – the trifecta of a successful Downtown District!
PROVIDES A YEAR-ROUND TOOL
The Storefront Enhancement Grant (SEG) Program is open year-round so that property and business owners may apply whenever it is most convenient for them and their development efforts.
The Building Improvement Grant (BIG) is a reimbursement grant program that funds up to 30% of a project’s total eligible capital improvement costs, with a maximum grant award not to exceed $50,000 per project. This program is designed to support development efforts that contribute to the economic sustainability, redevelopment and revitalization of the downtown district. This program focuses on capital improvement projects that:
a. Update buildings to meet modern building codes, and accessibility regulations
b. Increase the useful life of a building, property value and/or adapts it to new uses
Any business or property owner within the DDA District is eligible to apply for the BIG Program. Please note: tax-exempt properties are not eligible to apply for this program.
Once a project has been completed, BIG Program grant recipients must wait a minimum of one (1) year from the date the project grant amount has been awarded until they may reapply for funding for the same property location under the BIG Program.
This grant has a “rolling” application period, meaning applicants may submit an application at any point during the year. Applications may be submitted through the link below, or in person at the DDA Office (109 W. 17th St). Applications are due no later than the first of each moth, with review at the following board meeting, generally scheduled for the 15th of every other month, while funding is available.
The BIG Program is a reimbursement grant program that:
FOCUSES ON CAPITAL IMPROVEMENTS (not repairs)
Capital improvement projects update buildings to meet modern building codes and accessibility regulations, increase the useful life of a building, its property value, and/or adapts it to new uses.
SUPPORTS DOWNTOWN DEVELOPMENT EFFORTS
The BIG Program was created to provide financial assistance for private development projects that focus on capital improvements for downtown properties.
CONTRIBUTES TO A THRIVING DOWNTOWN ENVIORNMENT
Capital improvement projects that bring downtown buildings up to code and/or provide modern utility access attract viable tenants and reduces the overall storefront vacancy rates in downtown Cheyenne.
We plan on listing past funded projects in this section in the near future. If you have suggestions on potential projects or programs you believe the DDA might be able to help with, please don’t hestitate to let us know!