Applications open for program to help Downtown retail businesses thrive
A new program is set to help retailers in downtown Memphis thrive in 2021.
Downtown Retail Rx is designed to help existing retailers emerge from economic fallout of the COVID-19 pandemic. [Apply here.]
According to a release from Downtown Memphis, the program provides professional advice in one of four key focus areas: 1) exterior improvements & curb appeal, 2) interior design & merchandising, 3) small business management consulting, and 4) marketing & PR strategy. Following the consulting work, a small DMC grant may be available to start implementing the recommended changes.
Existing businesses are eligible to apply.
Businesses must be located in a ground-floor commercial space Downtown, the release said.
First priority will be given to businesses on Main Street, within a targeted retail node or within the Downtown Core.
Preference will be given to direct-to-consumer businesses, the release said.
Restaurants and service businesses could be considered if funding is available.
National chairs and franchisees are not eligible to apply.
Applications opened May 14. The program will launch in June with a goal of having the work completed by October, the release said.