Small businesses located in Ferguson, Dellwood and Jennings that have been destroyed, damaged or burglarized since August 2014 will be able to apply for a grant to pay for business expenses including construction, rent, utilities, payroll and inventory. To receive a grant, a business must agree to rebuild in its current location or in its current city if it was destroyed, or remain in its current location if it sustained damage or was burglarized.
"We have a lot of work to do in the region, but one of the first things we need to focus on is helping businesses that were damaged, destroyed or looted since August return to serving their community," Kander said.
Any business that was damaged, destroyed or burglarized in the Ferguson area will be able to apply for a Reinvest North County grant, which was previously established by the Regional Business Council and North County Incorporated and will also be used for #FergusonRebuild. The existing Reinvest North County Fund Allocations Committee will determine how best to award grants to applicants.
To fund the initiative, Kander will seek contributions from the St. Louis business community, as well as business leaders from across the state. Individuals can contribute to the effort by visiting www.fergusonrebuild.us. No state or federal taxpayer dollars or grants will be used for this initiative, as it will be completely privately funded.
“I am excited by the response I have received from the St. Louis business community already. Business leaders throughout the region and the state are committed to helping this community rebuild,” Kander said. “There are thousands of people across the country who have been asking what they can do to help in the area, so I hope they pitch in too.”
If you would rather send a check to support this cause, it can be mailed to:
C/O Greater Saint Louis Community Foundation
319 North 4th Street, Suite 300
St. Louis, Missouri 63102
A special thanks to Stifel for contributing $25,000 on Christmas Eve last week!