Georgetown Competitive Edge Grant

GMS will fund no fewer than seven business applications for business growth opportunities. Grants can be used for a variety of purposes aimed at fostering expansion, development, and increased revenue generation. Ideas include: ​-Innovation: Developing and introducing new products, services, or processes can meet customer needs in a novel and efficient way. -Efficient Operations: Streamline internal processes, optimize supply chains, and improving overall operational efficiency. -Customer Experience: Provide an exceptional customer experience through personalized service, responsiveness, and effective communication. -Market Research and Understanding: Businesses that stay informed about market trends, customer preferences, and industry developments are better positioned to adapt and respond quickly to changes. Business Eligibility: -Applicants must be considered a small, locally owned business operating in the Georgetown Main Street corridor. (Check your address here.) Locally owned/operated franchises are eligible. -Applicants who have received over $5,000 from GMS in the past 3 years are not eligible for the FY24 grant. -Applicants must have all appropriate and current licenses, permits, and other necessary registration to be a legally operating business in Washington, DC. -Brand Reputation: A positive brand image built on trust, reliability, and a commitment to values can attract and retain customers. -Talent and Skills: Having a skilled and motivated workforce can contribute to innovation, efficiency, and overall business success. -Effective Marketing and Positioning: A well-executed marketing strategy can effectively communicate a business's unique value proposition and resonate with its target audience.