Small Business Construction Mitigation Grant

The Small Business Construction Mitigation Grant is designed to support the surrounding businesses affected by qualified construction sites by mitigating business challenges. This grant will provide funds to small, independent business merchants, targeted toward those in the restaurant, bar and retail space that have been impacted by the identified construction areas. Independent businesses (including nonprofit organizations) eligible for the loan program must be located within the city limits of Salt Lake City* with a valid Salt Lake City business license. It is not necessary for the business owner to live in the City. Businesses must be located on the street directly under construction or within one-half block of the construction site to be eligible for the program.  Businesses must operate out of a “brick-and-mortar” business location and be defined as in-person retail, restaurant, or bar.

*At this time, construction areas covered by this grant are:

Active:

• 2100 S (700 E – 1300 E)
• 1300 E (2100 S – 3300 S)
• 300N (300 W – 1000 W)
• 600/700 N (800 W – Redwood Rd)

Upcoming Projects:

• 300 W Bike Lane

The grant will provide up to $3,000 per business. These funds are to be used to support and reimburse costs associated with increasing awareness of businesses affected by on-going improvements or can be used to offset rent/mortgage expense due to financial hardship. The grant can be applied to, but not limited to, enhanced marketing, advertising, and incentives for loyal customers. Grants will be administered by the Department of Economic Development.

Due to the unique nature of construction projects, the Department of Economic Development will determine the eligibility on a case-by-case basis using the following criteria as a guide:

• Small, independent businesses with less than 50 employees who have been adversely affected by construction from one of the four identified project areas.
• The duration of the construction occurring near the business applying.
• Proximity to construction, and severity of traffic disruption. Generally, businesses located within one-half block of construction site, or construction related street closure, or with construction directly in front of their business should apply.
•  Businesses who rely on foot traffic in the area to serve their customers may also apply.

HOW TO APPLY

Businesses will be required to:

• Register online and apply for the Small Business Construction Mitigation Grant:  Funding Registration
• Send a copy of your current business license.
• Include your IRS W9 form filled out and uploaded with the application
• Please provide a copy of your Profit & Loss Statement for the month before the construction project begins in their area and the current month. 

*Businesses that have previously set up an account use the same email and password to log in. You do not need to create a new user account.

If you are not able to access the online application or upload the required documents: 1) Print this application, follow instructions and 2) Mail it to our offices.

CONTACT INFORMATION

Please note that construction projects fluctuate. If you have questions about whether your business is eligible for the Construction Mitigation Grant or need more help, reach out to kiara.polee@slc.gov or phone 801-535-6433.

About

The Construction Mitigation Program (CMP) allows Salt Lake City to help retain existing businesses as investments are made to upgrade the aging infrastructure around them.  This is an important tool for the Economic Development Department to ensure local businesses can thrive through difficult periods of street closures and disruption. 

Background

It is necessary for Salt Lake City to undertake major infrastructure projects that contribute to the City’s overall economic development goals with long-term benefits. However, these major projects have the potential to impact nearby businesses. Any change in traffic patterns or parking availability can affect a small business. Mitigation activities are needed to measurably assist and maintain a healthy business community and viable tax base for the municipality. Thus, a City-funded program was proposed that would provide financial assistance to businesses impacted by construction to support and reimburse costs associated with increasing awareness of businesses affected by on-going improvements or can be used to offset rent/mortgage expense due to financial hardship.

The Construction Mitigation Grant is meant to be easy to apply, deployed relatively quicky, and does not require any repayments. This grant program is to be used as a tool to mitigate the burden of any major construction projects and ensure the small business community continues to thrive despite any major disruptions.

Funding Source

The City Council allocated $600,000 for this program in the FY2025 budget.

Please note that construction projects fluctuate. If you have questions about whether your business is eligible for the Construction Mitigation Grant, reach out to kiara.polee@slc.gov or phone 801-535-6433.