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Bee Cave City Council discussed the Small Business Retention Program, a strategic initiative with the Bee Cave Development Corporation intended to support existing small businesses in Bee Cave, at a July 14 meeting.
The overview: The Small Business Retention Program aims to help businesses maintain operations, pursue growth opportunities and expand their business in order to positively contribute to Bee Cave’s economy, per city documents.
The program would provide reimbursement-based grant assistance for eligible expenses such as employee training and certifications, equipment and software purchases, and advertising. Eligible businesses would be able to apply for up to $5,000 per project, with advertising and marketing-related projects limited to $3,000.
Eligible businesses must be located in the city of Bee Cave, have been in operation for at least one year, demonstrate the economic impact of the proposed project and the business owner must be a commercial property owner or a commercial tenant.
“This is a step in the right direction to help businesses in Bee Cave,” City Council member Andrea Willott said.
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