Ducktown CDC Offers Business Growth Grant

The Ducktown Business Growth Fund is an entrepreneurial support system committed to seeing the growth and development of underserved populations with an emphasis on minority-owned businesses in the City of Atlantic City's Ducktown Neighborhood.

Grants support projects that strengthen and revitalize small businesses with five or less employees for:​

• Financial Relief: provide a source of funds that can be used for various purposes such as covering operational costs, purchasing equipment, or investing in marketing efforts.​

• Business Development: support business growth by allowing owners to invest in areas that might otherwise be out of reach. This could include website development, digital marketing campaigns, staff training, or product development​​

• Innovation and Creativity: give businesses the financial boost needed to experiment with new products, services, or business models. This can lead to increased revenue streams and a unique value proposition.​

• Community Engagement: help businesses engage more effectively with Ducktown community through events, workshops, and collaborations. This strengthens the business's relationship with its customers and fosters a sense of belonging in our neighborhood.​

• Job Creation: expand their operations, hire more employees.​

• Stability and Sustainability: provide a buffer during lean times, helping businesses weather economic downturns and maintain their presence in the neighborhood.

• Entrepreneurial Spirit: encourage entrepreneurship by making it more feasible for individuals to start their own businesses.

• Preserving Identity: continue to offer distinctive products and services, preserving Ducktown’s identity in the face of urbanization and gentrification.

CLICK TO APPLY

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