MEMShop is a place-based microbusiness incubator program that provides managerial assistance, financial incentives, and other resources to help develop and grow startup and existing businesses. We help reduce blight and increase neighborhood vitality by activating vacant and underused storefronts with vetted small businesses that are interested in investing in the community where they open.

PROGRAM GOALS
  • Increase new business starts and help existing businesses grow.
  • Find long-term tenants for vacant commercial spaces.
  • Reduce blight and increase overall neighborhood economic vitality.
We desire to see businesses open, grow, learn and become part of the neighborhood’s activation.

BENEFITS
  • Low-risk test for entrepreneurs
  • Intensive business managerial training
  • Rent negotiation assistance and subsidized rental rates
  • Assistance with marketing planning and a grand opening event
ELIGIBILITY

MEMShop is open to startup or existing for-profit businesses desiring a brick and mortar location. Whitehaven residents will be given special consideration. All selected MEMShop businesses must agree to these program requirements, including but not limited to:

  • Signing at least a 12-month lease with a property owner;
  • Providing general liability insurance and utilities;
  • Submitting to MEMShop’s monthly reporting requirements such as income and expense information, sales tax reporting, and job creation information;
  • Complying with MEMShop storefront façade and cleanliness requirements;
  • Completing marketing activities to drive foot traffic; and
  • Participation in business managerial consulting and training services.
WHITEHAVEN LAUNCH TIMELINE (Subject to change)
  • MEMShop Informational session in November 2020.
  • Pre-applications accepted through December 15, 2019.
  • Invitations to full application process open by December 16, 2019, and will close January 17, 2020.
  • 3 MEMShop selections by January 31, 2020.
  • Launches expected by March 2020.
  • Grand opening celebration in April 2020 for all 3 MEMShops.


Click Next to Complete the MEMShop Application

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