Small Business Micro-Grant Pilot Program (Broward County)

Small Business Micro-Grant Pilot Program (Broward County) is sponsored by City of Lauderhill. This program offers reimbursable grants for Broward-based, for-profit businesses with less than $1 million in revenue and 20 or fewer employees. Funds can be used for equipment, rent, marketing, supplies, and insurance.

* Best of Lauderhill Business Awards * Community Redevelopment Agency * Government Contracting Workshop * Lauderhill Business Directory * 38th Ave & BID Presentations * Business Parks and Available Property * Retail Recruitment Plan * Entrepreneurship Program * Small Business Enterprise * Commercial Facade Grant * Lauderhill Inclusive Entrepreneurship Program * Starting a Business in Lauderhill ## Small Business Funding ## Community Development Block Grant (CDBG) Small Business & Microenterprise Assistance Programs The City of Lauderhill seeks to build a vibrant local economy by expanding economic opportunity and financial stability for its residents.

Through the Community Development Block Grant (CDBG) Small Business & Microenterprise Assistance Program, the City provides forgivable loan assistance to eligible businesses to support business stabilization, economic growth, job creation or retention, and long-term business sustainability, in accordance with 24 CFR Part 570. This program is authorized under 24 CFR 570.

203 (Special Economic Development Activities), including financial assistance to for-profit businesses for eligible economic development activities and microenterprise assistance under 24 CFR 570. 201(o). All assistance will be underwritten in accordance with HUD guidelines and 24 CFR 570.

209 Applicants are strongly encouraged to carefully review all program materials prior to submission. Applications and supporting documentation must be electronically submitted through the Neighborly Application Portal. _Submission of an application does not guarantee funding or reservation of funds.

_ ## CDBG Small Business Assistance Program Applications are currently being accepted for eligible Small Businesses with six (6) to twenty-five (25) employees, including the owner(s).

**Loan Amount:** Up to $25,000 **Eligibility:** Lauderhill-based small businesses (6 to 25 employees) **Use of Funds:** Eligible business operating, stabilization, equipment, inventory, technology, and other approved business expenses ## CDBG Microenterprise Program Applications are currently being accepted for eligible Microenterprise business with one (1) to five (5) employees, including the owner(s).

**Loan Amount:** Up to $10,000 **Eligibility:** Lauderhill-based microenterprises (5 or fewer employees) **Use of Funds:**Eligible business operating, stabilization, equipment, inventory, technology, and other approved business expenses.

## Program Resources & Application Portal * Program Overview & Guidelines * Frequently Asked Questions (FAQs) Applicants must register through the Neighborly Application Portal to access the application package and electronically submit all required forms and supporting documentation.

* Neighborly Application Portal ### Recorded Information Session (Coming Soon) ### For Additional Resources Visit: ### Have Questions About Small Business Funding? _This form is for general questions only and does not replace any required program application or documentation submission. _ Email us at:smallbiz@lauderhill-fl.

gov **We’re here to help your business grow and succeed! **