Motor City Re-Store announce Round 6 and 7 awardees

DETROIT, June 25, 2019 – The
Detroit Economic Growth Corporation’s (DEGC) Motor City Re-Store program
continues to enhance Detroit’s commercial corridors by providing essential resources
and cash grant awards to local entrepreneurs. In the program’s sixth and
seventh rounds, Motor City Re-Store announced 38 businesses that have been
awarded a total of $680,000 for design assistance and exterior improvements.

“Whether its design and construction
support or education workshops, Motor City Re-Store is making a visible,
proactive impact on Detroit neighborhoods,” said Pierre Batton, Interim Vice President
of Small Business Services. “These businesses have been the heart of our
neighborhoods, and now we are able to help them make the physical improvements
they need to keep their establishments part of our community for years to come.”

In 2017 the Motor City Re-Store program
was created to help existing businesses become more competitive and remain a
vital part of Detroit’s growing small-business ecosystem. Over the course of seven
rounds, Motor City Re-Store has awarded 204 businesses with construction and
design assistance to help them remain competitive in Detroit’s growing small
business community. 

The Motor City Re-Store winners span
across 19 different Detroit neighborhoods and include a variety of services
including a car wash, Hispanic newspaper, hair salon, roller rink, wholesale
automotive parts supplier and several restaurants. 

“Motor City Re-Store is about giving
businesses an opportunity to contribute to the vibrancy and enhancement of
Detroit’s neighborhoods,” said Mayor Mike Duggan. “Through hard work over the past two years, Motor City Re-Store has
successfully helped businesses thrive in their communities.”

How Motor City Re-Store Works

Motor City Re-Store will provide
approximately $2 million annually in matching grants to existing business
owners and their landlords for façade and other exterior improvements. 

Winners are named in two tracks:

Grant winners in the Construction
Track are awarded matching funds of up to $25,000. The 11 construction grants
awarded in Round 6 total $275,000 and the nine awarded in Round 7 total
$225,000. Design Track winners are eligible for grants of up to $10,000. The 18
design grants awarded throughout both rounds totaled $180,000. Grant amounts
are estimates and may vary as each project proceeds.

About Motor City Re-Store

Motor City Re-Store is managed by the
Small Business Team at the DEGC and is available to entrepreneurs that have
been open for at least one year and operate a commercial storefront in the city
of Detroit, including their landlords. The program is supported by a
combination of Community Development Block Grant dollars and other funders. The
Economic Development Corporation of the City of Detroit (EDC) has stewardship
of the public funds and has approved funding to develop the program.

Motor City Re-Store is accepting
applications for Round 9 from June 1 – July 1, 2019. Business owners and
landlords must apply jointly for 50 percent matching grants up to $25,000.
Multiple businesses applying as a group are eligible for 75 percent matching
grants. Applications can be submitted at www.motorcity-restore.com and
paper applications are available upon request.

11 businesses were awarded
a total of $275,000 in construction grants in Round 6:

Nine
businesses were awarded a total of $225,000 in construction grants in Round 7:

12 businesses were awarded
a total of $120,000 in design grants in Round 6:

Six
businesses were awarded a total of $60,000 in design grants in Round 7:

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