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The Downtown Windsor Business Improvement Association (DWBIA) introduces the Business Incentive Program (CRSP). the program utilizes rent subsidy to fill previously unoccupied ground floor buildings with new businesses. This program is sponsored, funded, and monitored by the DWBIA. All funding is at the sole discretion of the DWBIA and subject to the DWBIA’s budget.
The goal of implementing the CRSP is to stimulate and enhance economic development and introduce new diversified services within the DWBIA’s boundaries. The DWBIA intends to offer successful applicants offer grant funding for a portion of monthly commercial rent; namely up to 25% of the rent, to a maximum of $625 per month, for a period of 12 months.
New businesses that meet the DWBIA’s eligibility sectors, as outlined in the guidelines, and that are located within the DWBIA’s boundaries. Applicants must submit a business plan demonstrating their ability to stay in business for minimum period of three (3) years.
Experiential drinking and dining is one of the fastest growing trends in the food service industry. Today’s restaurant patron expects more than just good food and service. Patrons are increasingly demanding truly unique experiences when going out to eat with friends and family. Experiential drinking and dining can be as simple as having unique lighting, music, and ambiance, or as complex as having patrons design their own food or beverage.
The applicant must, therefore, demonstrate that the proposed business presents an innovative drinking and/or dining experience that immerses patrons in a cultural, historic, social, and/or brand experience as part of its food and beverage service.
The tech world is continually changing and advancing to provide products and services that improve our lives. The DWBIA envisions downtown Windsor as the technological hub of the Windsor-Essex region, and supports the growth of the tech sector and startups in the city centre through the CRSP. The rent subsidy will be awarded to applicants whose proposed businesses fall under one or more of the following technological areas:
Upon approval for funding by the DWBIA, the DWBIA will subsidize up to 25% of the successful tenant/applicant’s rent each month for the one-year subsidy period, up to a maximum of $625/month.
For any questions please contact the DWBIA offices at:
Downtown Windsor Business Improvement Association
419 Pelissier St., Windsor, ON N9A 4L2