Applications are currently closed. Subscribe to the Business TO newsletter for updates on future rounds of funding.
The Commercial Space Rehabilitation Grant Program offers matching funding of 50 per cent to commercial business operators and owners of storefronts that are vacant (or, in certain limited circumstances, at risk of becoming vacant) to undertake interior renovations. This program is funded by the Government of Canada through the Federal Economic Development Agency for Southern Ontario
Small retail businesses are essential to the vitality and success of Toronto’s main streets and neighbourhoods. They are also key drivers of economic prosperity for residents, families, communities and the city as a whole. The Commercial Space Rehabilitation Grant Program was developed in support of the recovery and long-term success of local small businesses.
Berkeley Castle Investments recuperated $20,000 of the $40,000 spent on renovations, creating an opportunity for a tenant to move in. Read more.
Zaad opens in a restaurant transformed from A to Z – including plumbing, electrical, furniture and finishings – with help from grant
The program offers matching funding equal to 50 per cent of the cost of interior improvements to properties that are commercial at street level.
The Commercial Space Rehabilitation Grant Program is available to owners and tenants of vacant properties or occupied properties which meet one of the following criteria:
The program is only available to properties within the city of Toronto that are used for commercial purposes at street level or have a direct access to a street from another floor. A minimum of three eligible improvements must be made.
Tenants who apply for the program must have written permission from the property owner to make any improvements to the property and obtain grant funding for that purpose.
The following improvements would be considered eligible for a Commercial Space Rehabilitation Grant:
Applicants are encouraged to make use of the Commercial Space Rehabilitation Grant Program to make interior spaces more accessible. Examples include interior ramps or accessible public washrooms.
Interior accessibility improvements that meet Accessibility for Ontarians with Disabilities Act (AODA) design standards are eligible for additional grant funding of up to $4,000, increasing the maximum base grant from $20,000 to $24,000.
Applications are currently closed.
For questions about the Commercial Space Rehabilitation Grant Program, please contact Michael Saunders at 416-392-1005 or Michael.Saunders@toronto.ca.
Subscribe to the Business TO newsletter for updates on future rounds of funding.