BUSINESS RECRUITMENT & RETENTION INCENTIVE PROGRAM
 

The purpose of the Business Recruitment and Retention Incentive Program (BRRIP) is to create vibrancy in downtown Kalamazoo by supporting the businesses that choose to locate here.  The incentive is available to property owners and prospective property owners to assist new, relocating and expanding businesses within the TIF District (see attached map) for:

  1. Permanent Tenant Improvements
  2. Broker Commission
The program is offered through Downtown Kalamazoo Incorporated’s Business Recruitment and Retention Committee. DKI administers the program.
 
The grant amount shall be based on the length of occupancy and the amount of space occupied by the business. Grant amounts shall be calculated as follows:
 

New Businesses*

$.60 per square foot of space occupied, per lease year (initial term only) will be offered to businesses new to the TIF District (see attached map).
 

Expanding Businesses*

$.40 per square foot of new space (over and above what is currently occupied), per lease year (initial term only) will be offered to expanding businesses already existing in the TIF District (see attached map).
 

Relocating Businesses*

$.20 per square foot of space occupied, per lease year (initial term only) will be offered to businesses already existing in the TIF district which are relocating within the TIF district.
 
For businesses purchasing property, a lease term of 5 years shall be used for purposes of calculating eligible grant funds.

*All 2014 programs are on hold, as funding is currently unavailable.
 
See the BRRIP application for the full details of this program. If you have questions, contact Steve Deisler at 269.344.0795.