How to apply for the Detroit Legacy Business Project grants: A step-by-step guide (video included)
- DEGC
- Dec 11, 2024
- 2 min read
Detroit's legacy businesses have been the backbone of our city's growth and culture for decades. Now, the Detroit Legacy Business Project (DLBP) is offering financial support to businesses that have been serving the community for 30 years or more. As part of the initiative, Detroit has launched a $500,000 fund to invest in legacy small businesses. This is an incredible opportunity for long-standing businesses to get the funding they need to continue their impact and growth. Here's everything you need to know to apply for this grant.
What you need to know about the DLBP grant application
The application process assesses businesses on four key areas:
Legacy Business Track Record
Social & Cultural Contribution
Product & Service Retention
Project Description & Grant Use
Each area has specific scoring criteria, so make sure to detail your business’s history and impact in Detroit.
Documents you'll need
You’ll need to submit several key documents to verify your application:
Business documents
Current business license
Tax clearance from the City of Detroit
Proof of occupancy or operation (e.g., lease agreement, deed, land contract)
Financial documents
Business IRS tax returns for 2022 and 2023
Individual IRS tax return for 2022 and 2023 (for business owner)
2023 payroll tax form to verify W2 employees
Project documentation
Itemized project budget
Construction bids, price quotes, or architectural drawings relevant to the project
Certificate of compliance
Additional documents for nonprofits
2023 proof of product or service sales
Two types of grants
Council District Grants: $15,000 for businesses in each of Detroit’s 7 districts.
Citywide Grants: $50,000 for businesses citywide.
How to use the funds
Grant funds can be used for inventory, equipment, renovations, and more. Disbursements will be made as prepayments or reimbursements.
Deadline and next steps
Applications are open until December 23rd. For detailed instructions and tips, watch our video and attend an info session to help with the application process. We look forward to receiving your application!
Apply today and secure the support your business deserves.
