Economic Development and Downtown Rehabilitation Funding Available

Economic Development and Downtown Rehabilitation Funding Available

New funding available: Economic Development and Downtown Rehabilitation Programs

In the summer of 2022, in partnership with BCDC, the Barberton Community Foundation launched two new programs to support businesses in Barberton, the Economic Development Assistance Program (EDAP) and the Downtown Barberton Rehabilitation Program (DBRP). The first round of funding for both programs was highly successful with businesses able to expand, purchase equipment, renovate buildings and establish new businesses.

With support from the Foundation, BCDC granted $99,714 to eight new businesses through the Economic Development Assistance Program and $146,609 to seven downtown property owners through the Downtown Barberton Rehabilitation Program. Read more about the success of the initial round of funding.

New for 2023

The Foundation has agreed to expand the available funding, and to create two funding periods for applicants. The first round of funding opens Tuesday, January 17, with an application deadline of Monday, February 13 at 4:30 p.m.

If you are a resident of Barberton, own a business in Barberton or are interested in moving your business to Barberton, or own property in Barberton’s historic district, you may qualify for one of these programs.

View applications and detailed program descriptions >>

 

Ted Herncane

Ted Herncane

Director of Economic Development

Contact Ted Herncane with any questions about the Economic Development Assistance Program, Downtown Building Rehabilitation Program or scholarship to Bounce Innovation Hub.

P: 330-745-5995 

Email: therncane@barbertoncf.org

Example of Economic Development Assistance Program (EDAP) – Big Mike’s Automotive purchased four scissor lifts with their funding and plans to hire four more technicians. (L-R) Michael and Felicia Cowans, with their daughters Lydia and Alexis, and VP John Prouty.