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DRA increases efforts to enhance Fayetteville Street

Eligible businesses are able to apply for more Storefront Upfit Grant funding.

A map showing priority retail eligibility for the Storefront Upfit Grant.

Green represents the priority area and blue is the overall grant eligibility area.

Map via Downtown Raleigh Alliance

Table of Contents

The Downtown Raleigh Alliance updated its Storefront Upfit Grant requirements in an effort to revitalize and expand on downtown businesses.

Fayetteville Street was selected as a priority area, which means that businesses located in the defined radius will be able to apply for increased funding amounts of up to $15,000. The upfit reimbursements cover standup expenses like furniture, signage, and displays.

Grant opportunities

  • Retail, restaurant, service, and pop-up businesses located in the priority area are eligible for up to $15,000.
  • Storefront businesses that are over 50% minority- or women-owned are eligible for an additional $2,500.
  • Retail businesses in the larger downtown area (outside of the Fayetteville Street area) are eligible for up to $7,500.

As of Feb. 1, there is $57,500 in remaining funding available for the fiscal year, ending in June 2023. The next application deadline is March 1. But first, you’ll have to submit an interest form.

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