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Business Development Assistance Program

ImageThe Business Development Program was established to assist small businesses within the CRA District with start-up during the critical first year of operation. The goal of the program is to provide cash subsidies to the landlord, thereby offering an initial safety net to help insure long term success for the business. Currently, this program is available only within the Downtown Development Authority District.

  • To qualify for the Business Development Program, the business must be new to the CRA district (in operation for six months or less) and must fill at least two full-time equivalent positions (including the business owner).

  • The Business Development Program provides rent subsidies of up to one-third of the business's monthly rent or $500 per month (whichever is less) for 12 months during the first 18 months of a multi-year lease.

  • The maximum annual subsidy per business is $6,000 paid in monthly installments directly to the landlord.

  • Area boundaries: The DDA District encompasses the entire Central Business District, much of the Federal Highway corridor, and a majority of the Pineapple Grove Arts District. Download the DDA District Map to view the entire district area.


Applications for the Business Development Program are available at the Delray Beach Community Redevelopment Agency. All applications are subject to final approval by the CRA Board of Commissioners. Funding is budgeted on an annual basis and is awarded on a first-come, first-serve basis. Applicants should allow up to four weeks for processing and board review.

To request more information or an application, please email Elizabeth Butler, Marketing & Grants Coordinator, or call the CRA office at (561) 276-8640 to schedule an appointment. The Business Development Assistance application brochure may be downloaded by clicking on the link below.

Business Development Assistance Program Guidelines & Application Form 

 

Location

20 North Swinton Avenue
Delray Beach, FL 33444
Phone: (561) 276-8640
Fax: (561) 276-8558
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