We have many resources available for growing business in downtown. Our office is pleased to serve you in any way that will help our downtown economic environment continue to thrive. Please call or email if you have any further questions about our resources, 770-266-5331. Another great resource for business development is the UGA’s Small Business Development Center, which serves businesses in our city.
BOOST Monroe is a Downtown Development Authority/ Monroe Main Street program designed to assist small businesses and entrepreneurs in the downtown Monroe area with funding needs. Our investors are people just like you who care about our town and have a strong desire to see it grow and prosper. We recognize the contribution small business owners and entrepreneurs make to our local economy and we want to help. The grants are awarded in increments of $100 and up to $1,000 to the winning applicants. To find out more about becoming a BOOSTer or applying for BOOST grants, visit www.BoostMonroe.com.
Businesses located in the Downtown Development Authority (DDA) district are eligible for a tax credit because they are located in the City of Monroe's Opportunity Zone. For more information about the tax credit of $3,500 per employee for new jobs brought to Georgia or to claim the tax credit for your business, click here. For more information call 770-266-5331. Opportunity Zone Overview Brochure from the Department of Community Affairs.
Monroe Main Street offers this program to assist in promotion of an attractive and coordinated image for Downtown Monroe and to enhance pedestrian circulation within a dense downtown environment. Please Note: These corner signs provide directional information to the pedestrian (not intended for the driving public) and are sized accordingly. Metal freestanding posts with two arms are situated on the corners of main intersections. Individual panels hang from a wrought iron bracket. All panels use the standard design, having the same material, coloring and size lettering. For more information or to order a panel for your downtown business, download the registration form.
We sell and promote "Downtown Dollars" as gift certificates to potential downtown customers. These are redeemable for merchandise/services in our downtown boundaries. The DDA will fully reimburse any business that accepts downtown dollars as payment. Simply turn in the Downtown Dollars with this completed Downtown Dollar Reimbursement Form to the Monroe Downtown Office at City Hall. If you are a local business and would like to sell Downtown Dollars at your location, please contact us.
The Downtown Facade Grant Program is competitive; issued on a first-come, first-served basis; and based on matching funds provided by the applicant. Any business owner or property owner within the Downtown District (aka the DDA Boundaries) are eligible to apply for the grant in order receive funds for facade improvement expenses. Additionally, any downtown business applying for the facade grant is eligible for a 25% discount on paint from our downtown Sherwin Williams. For more information or to apply, download the Facade Grant Brochure.
Façade and renovation design assistance is available from the Downtown Design Studio with the Georgia Department of Community Affairs at reduced rates for downtown properties. Our office will happily assist you in setting up a professional design consultation with the Downtown Design Studio. Request for Design Services Form.
Properties in the Monroe Historic District (FYI - all of Downtown Monroe is in the district) and properties potentially eligible for listing in the National Register of Historic Places may be eligible to participate in state and federal historic preservation incentive programs. Property owners who carry out a substantial rehabilitation of a historic property must meet the Secretary of the Interior's Standards for Rehabilitation for both exterior and interior work on the historic property. These programs are administered by the Georgia Historic Preservation Division.
For details and application materials: Georgia Historic Preservation Division
As a Main Street community, Monroe Downtown has access to multiple financing options for downtown development through the Georgia Department of Community Affairs (DCA) and the Georgia Cities Foundation (GCF). The Monroe Downtown Development Authority may serve as sponsor for qualified products within the Downtown Development District for any of the programs offered below:
The Georgia Cities Foundation, established in 1999 as a 501(c)(3) organization, is a non-profit subsidiary of the Georgia Municipal Association (GMA). The mission of the Foundation is to assist cities in their efforts to revitalize and enhance downtown areas by serving as a partner and facilitator in funding capital projects through a revolving loan fund.
For information on the Revolving Loan Fund, visit this LINK .
For information on the Green Communities Fund, visit this LINK .
The Downtown Development Revolving Loan Fund (DD RLF), from the Georgia Department of Community Affairs, is to assist cities, counties and development authorities in their efforts to revitalize and enhance downtown areas by providing below-market rate financing to fund capital projects in core historic downtown areas and adjacent historic neighborhoods where DDRLF will spur commercial redevelopment.
For information on DDRLF, visit the Department of Community Affairs website .