The program is designed to help small businesses with reimbursement of 10% of eligible capital project expenses up to $50,000, with a maximum grant award of $5,000. Last year, the City’s Economic Development Department updated this popular grant program to include not only existing businesses, but new businesses as well. New businesses that have been in business 12 months or less are required to submit a business plan for consideration of grant requests.
The M@S Innovation Fund is a partnership between the City of Westminster’s Office of Economic Development and Solderworks, a makerspace located in Westminster. The M@S Innovation Fund is an opportunity for technology creators and visionaries to apply for membership grants. Our mission is to support the next wave of early stage entrepreneurs and innovators by providing a space where ideas accelerate from thought to thing.
We make a point of getting out and visiting all of our Westminster businesses. Oftentimes, we schedule Business Walks where Economic Development staff will target a particular retail center or business park and casually drop in on each of the businesses, just to check in and let them know that we’re here for them as a resource.