Downtown Project’s Small Business team has been investing in small businesses downtown for more than a year and a half. So far, we have made a number of investments ranging from full-service restaurants to boutique retail stores. We’re primarily interested in owner-operated small businesses that meet the following criteria:
1. Passion: Show us how passionate you are about your idea.
2. Community: Does your idea contribute to the community in some way?
3. Execution: Show us that you are capable of making your dream a reality.
4. Sustainable: In time, will your business be able to sustain itself?
5. Unique or the Best: What is it that makes your business unique or the best at what you do?
6. Story Worthy: What about your business would be worthy of a story in a major publication or national news outlet?
We’re excited to announce a new structure for small business investment in Downtown Las Vegas. To enhance the process of accepting business plans, we will now be taking submissions for a specific location within the Downtown area. A selected space will be featured on the website with details, pictures, and a link to submit an application for that particular space. This will allow applicants to visualize the space itself and communicate specifically how their business might fit within the physical location and complement the surrounding environment.
For the first three weeks, we will be accepting business plan submissions. After that, we will select the top five submissions to be evaluated by a panel of judges with the final team receiving investment funding. Further details about investment structure will be available to teams that are selected for final evaluation.
We will first be accepting submissions for a space at Fergusons. The building will be undergoing construction for the next six to eight months with the outcome including many new food & beverage and retail spaces on the ground level. The selected space is a 600 sq. ft., planned vanilla shell with a projected opening of 3rd quarter 2014 (excludes food & beverage).
If you are interested in applying, follow this link: Apply Now
Read more about Fergusons below:
Fergusons Motel was one of the first drive-up motels in Las Vegas. Located at 11th and Fremont, this unique property remains an important piece of Las Vegas history. Understanding this history allows us to create an interesting juxtaposition between our modern urban environment and a peaceful oasis highlighted by nature, art, music, food & beverage, and retail. The planned theme for Fergusons preserves its roots with “mission” style architecture and a unique blend of earthly features like fire and water. Ferguson will be a unique enclave within the community where families and people of all ages can enjoy artwork, great dining, shopping, and relaxation.
If you have any questions regarding this new process, click here.