Revitalising and developing business establishments in the city centre
Trois-Rivières, QC, Canada
Downtown business space revitalization and development grants
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|openingDateApril 01, 2024
- grant_single|closingDateJuly 31, 2024
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
- Retail trade
grant_single|grantors
- City of Trois-Rivières
grant_single|status
grant_card_status|open
grant_single_labels|preview
The grant program supports the revitalization and development of business establishments in downtown areas by providing financial assistance up to a maximum of $30,000 for new business occupancies or expansions. Eligible activities include improvements to the main facade, restoration of heritage elements, and sign-related work.
grant_single_labels|projects
This grant focuses on the revitalization and development of business establishments in downtown areas. Eligible projects primarily include those intended to enhance building facades and restore heritage elements.
- Renovation and restoration work aimed at the exterior appearance of the building's main facade.
- Restoration of missing or dilapidated heritage elements to enhance the exterior appearance or restore the original volume.
- Work related to signage.
grant_single_labels|admissibility
Eligibility for this grant is determined by the specific location and usage of the business establishment as well as the status of occupancy.
- The business establishment must be located within the designated territory, specifically on selected streets and floors as outlined.
- The location must be vacant and suitable for business development, for example, certain floors or ground level depending on the street.
- The occupancy duration must be at least three years.
- Applicants must be either new tenants or owner-occupants of the eligible vacant spaces.
- Applicants include any owner or tenant occupying a space eligible for establishing a new business or expanding an existing business.
grant_eligibility_criteria|who_can_apply
Eligible applicants for this grant include new tenants and property owners occupying vacant commercial, office, or mixed-use spaces in the designated downtown area. Both owners and renters of eligible premises can apply, provided they meet the location-specific requirements and commit to a minimum occupation period of three years. The spaces can be utilized for public-facing businesses or administrative functions.
grant_eligibility_criteria|eligible_expenses
The grant supports expenses associated with improving the external appearance of business establishments and restoring heritage elements.
- Renovation and restoration work on the main facade of the building, including refurbishment of cladding, doors, windows, cornices, projections, showcases, and other decorative elements, as well as facade cleaning.
- Reconstruction work of missing or ruined heritage elements that enhance the building's external appearance or restore its original volumetry.
- Work related to signage.
grant_eligibility_criteria|zone
The grant is available for companies applying in specified areas within the central business districts. These locations are specifically identified to promote downtown revitalization and development in Trois-Rivières.
- Establishments in buildings on des Forges Street and Notre-Dame Centre above the ground floor for business establishments.
- Vacant ground floor spaces on des Forges Street, Notre-Dame Centre, and Hart Street (between des Forges and Bonaventure) for retail establishments.
- All vacant premises, including the ground floor, on other streets within the designated application area.
grant_single_labels|register
Here are the steps to submit an application for this grant:
- Step 1: Complete Application Forms
- Fill out the grant application form.
- Complete the declaration of rental cost form.
- Step 2: Gather Required Documents
- Collect all documents specified in the application form.
- Step 3: Pay Application Fee
- Pay a fee of $100 for the opening of your application file.
- Use cheque payable to "Ville de Trois-Rivières," cash, or debit card.
- Step 4: Submit Application
- Mail or deliver your application to:
- Architecture, programmes, patrimoine et redéveloppement
- Direction de l’aménagement et du développement durable
- Ville de Trois-Rivières
- 4655, rue Saint-Joseph C.P. 368
- Trois-Rivières, Québec G9A 5H3
grant_single_labels|otherInfo
Here are additional relevant details for this grant:
- The subvention process involves an initial fee of 100 $ and an additional administrative fee of 300 $ once a request is approved.
- The grant administration requires investors to send their applications for approval to the specified address at Ville de Trois-Rivières.
- A subvention can be increased by 10% if the new business or expansion exceeds 2,000 square feet.
- Subsidy coverage is also available for facade improvements and reconstruction of heritage elements, up to a maximum of 5,000 $ at 50% of real costs.
- The total possible grant amount for a new or expanded business cannot surpass 30,000 $.
- Assistance is offered until funds for the program are depleted, thus early application is encouraged.
Apply to this program
Revitalization and Development Grant in Downtown Core
This grant program offers financial assistance to new tenants or owner-occupiers of vacant spaces in commercial, office, or mixed-use buildings to encourage the establishment of new business premises in the downtown area. It aims to stimulate economic activity and improve the vibrancy of underutilized urban spaces by offering financial incentives based on the size and purpose of the establishment.
In-Depth Overview of the Downtown Business Establishment Grant
The Revitalization and Development Grant targets businesses occupying or expanding into vacant spaces in specific parts of the downtown area. The program is designed to incentivize both new business setups and expansions of existing businesses, thereby contributing to the economic rejuvenation of the downtown core. By supporting businesses moving into previously vacant locations, the grant seeks to foster a lively urban environment that attracts visitors and drives economic growth.
Eligible businesses include both those open to the public and administrative operations that occupy specified locations. For instance, new establishments along major revitalization streets such as rues des Forges, Notre-Dame Centre, and Hart must meet specific criteria to qualify, including minimum occupation durations of three years. The financial assistance provided is structured based on the rental costs, with variable per-square-foot subsidies that increase with higher rental expenses, thereby enabling businesses to manage initial operating costs effectively.
In addition to the basic occupancy subsidies, the grant offers additional support for façade improvements and the reconstruction of heritage elements of the building, contributing up to 50% of the associated costs, with a maximum aid cap set at $5,000. Such enhancements not only amplify the aesthetic appeal of the urban environment but also aim to honor the historical significance of downtown structures, preserving their legacy while integrating modern business operations.
The financial framework allows for a potential bonus of 10% on the subsidy for business spaces exceeding 2,000 square feet, ensuring that larger projects that can accommodate more employees and operations receive adequate support. This facet of the program encourages the thoughtful and strategic use of space, which is crucial for heavily urbanized areas looking to optimize their economic footprints.
Moreover, the total financial assistance for a new or expanding business cannot exceed $30,000, establishing a clear boundary to ensure equitable distribution of available funds among multiple applicants. This cap allows the program to distribute resources effectively across a diverse range of business ventures, fostering a broad-based economic revitalization of the downtown district.
Applications for the grant are processed in the order of receipt, emphasizing the need for timely submissions and diligent preparation of required documentation. Prospective applicants should ensure all forms are complete and associated costs and eligibility criteria are meticulously verified to facilitate a seamless application process. This ensures that applicants stand the best chance to secure funding before allocated resources are fully utilized.
Ultimately, this grant embodies a strategic initiative to reinvigorate downtown areas, supporting businesses in transforming vacant urban spaces into vibrant centers of commerce and culture. By doing so, the program not only aims to enhance current economic dynamics but also lays the groundwork for sustained urban growth and community development in the long term.
