Downtown BOOST Program Application (2023)

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The Downtown BOOST (Black-Owned and Occupied Storefront Tenancy) Program: Presented by Fearless will support the long-term success of 5 creative, Baltimore-based entrepreneurs in prime storefronts in Downtown Baltimore, while simultaneously developing signature amenities for Downtown Baltimore residents and visitors alike. Winners are eligible to receive up to $50,000 in grant funding and extensive wraparound support.

Before beginning the application, please refer to this document, which includes:

• The Program Guidelines for detailed eligibility information, process, timelines, and Frequently Asked Questions

• The Storefront Brochure that includes more information on the available storefronts

For questions, please contact Shantel Frederick at sfrederick@dpob.org or 410-732-6602

Storefront Selection

Please select your top storefront choices. Refer to the Storefront Brochure for more information (select up to 2):

Narrative Responses

Please answer each of the following questions in 500 words or less.

Introduce yourself by describing how you came to start this business, your connection to Baltimore, and your motivations for success.

Describe your business, including how you believe it is unique to Baltimore. Please include information on your business’ history and vision for the future.

Describe why your business is the right fit for Downtown Baltimore, including how you plan to crosspollinate with other Downtown retail and how your business will increase foot traffic in Downtown Baltimore.

Describe what modifications you plan to make to the interior and exterior of your preferred storefront, including a rough cost estimate. If you plan to require more than $50,000 for modifications, please describe how these additional capital needs will be met.

Describe your internet / social media presence. How frequently do you promote your business online, and how important are digital sales (including from an online store or third-party apps) to your business model?

Document Upload

Please submit the following documentation:

Business plan

See example business plan here. Plans or pitch decks should include web/social presence,

marketing plan, market research, and business summary.

The Maryland Small Business Development Center is available to assist any
prospective applicants create a business plan. Please contact Shantel Frederick at
sfrederick@dpob.org for connection to an MD SBDC consultant.

Most recent year's financial statement, including:

Balance Sheet

Income Statement

Cash Flow Statement

Signed Certification and Acknowledgement

Proof of Maryland State Department of Assessment and Taxation (SDAT) Status of Good Standing

Proof of Matching Funds (if applicable)

Screenshot of BGE Energizing Small Business Grant submission confirmation(available Feb 13)

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