Department of Planning and Development

Economic Development Programs for Businesses

• Economic Development Fund
  Up to $200,000 in assistance for catalytic projects.
• Lakewood SEED
  Meant for small business - Up to $15,000 for a new business startup or expansion of existing entity.
• Lakewood MURAL
  Funds for the renovation of apartment units in mixed use buildings.
• Grow Lakewood
  Up to $50,000 for the conversion of a double into a single family home.
• Commercial Property Revitalization Program
  Up to $30,000 in GRANT assistance for the renovation of storefront.
• GrowNow
  Interest rate reduction program designed to help small businesses.