The Portsmouth Economic Development Authority (EDA) supports the City's growing entrepreneurship and small business community through the Business Investment Grant program. 

Grant programs are tailored to help new businesses, growing businesses, and established organizations making additional investments in the City of Portsmouth. For details on the programs and eligibility requirements, please download the application guidelines.

Please submit all questions regarding the grant program through the Contact Us Form or by calling 757-393-8804.

Applications for the 2024 Fiscal Year are open in the grant rounds listed below:

Round 1: July 1-31, 2023
Round 2: October 1-31, 2023
Round 3: January 1-31, 2024
Round 4: April 1-30, 2024

Smart Start Business Development Grant

Provide financial support for new and recently established startups and small businesses to assist with expanding entrepreneurial opportunity, business resiliency, and organizational capacity building.

Smart Start Business Acceleration Grant

Provide financial support to established small businesses to advance and accelerate the growth and expansion of Portsmouth’s entrepreneurial and small business community.

Real Property Investment Grant

Provide new or relocating businesses, expanding businesses, and commercial property owners with the rehabilitation and redevelopment of interior and exterior spaces to visually enhance the local streetscape, and increase interest in the City of Portsmouth.