Your first stop when exploring opening a small business in Kennett Square should be at Historic Kennett Square. It can provide you with a variety of information to help you make an informed decision about opening a business in the Borough.
- DEMOGRAPHIC INFORMATION
Comprehensive demographic information about Kennett Square is available from Historic Kennett Square.
- SPACE AVAILABILITY
Historic Kennett Square operates a website (www.historickennettsquare.com) with a listing of available commercial space for lease or for sale. This allows for the potential entrepreneur to examine what is available in the Borough and to do some easy comparison shopping. Phone numbers of the owners or leasing agents of the properties are included.
- EDUCATIONAL PROGRAMS
Seminars and workshops are scheduled throughout the year to provide local entrepreneurs with the latest business information.
- COOPERATIVE ADVERTISING
For businesses interested in cooperative advertising, Historic Kennett Square plans advertising events for the area. Especially during the holiday season cooperative programs are arranged. Historic Kennett Square also produces brochures that highlight local shopping, dining and parking. Brochures are distributed at Longwood Gardens and the various Visitor’s Center and provided to area businesses free of charge. Phone: 610-444-8188.
- FINANCIAL INCENTIVES
The Chester County Economic Development Council (411Eagleview Blvd., Exton, PA Phone:610-458-5700) offers a variety of financing and business assistance to companies both expanding in and relocation to Chester County.
Sections of the Borough, including most of the downtown area, are located in the Historic District, which allows the owner of an income-producing property to apply for a federal tax credit under the Historic Rehabilitation Tax Credit program administered by the US Department of the Interior. Guidelines for historic façade restoration are available at Historic Kennett Square or may be viewed at the Borough website (www.kennett-square.pa.us).Historic Kennett Square provides Design Challenge Grants, through a Façade Improvement Program, to property and/or business owners to encourage the appropriate renovations and restoration of building facades within the downtown C-1 boundaries. Design Challenge Grants covers six basic projects and activities. The categories and maximum amounts to be reimbursed upon completion of an approved project (up to 50 percent of the total cost) are:
- Exterior Woodwork and Architectural Metals – $5,000
- Masonry – $5,000
- Cornices, Parapets and Roofs – $5,000
- Signs, Awnings and Canopies – $3,000
- Lighting Fixtures – $3,000
These funds are limited to availability and disbursed on a first-come, first-served basis. The Design Committee reviews applications and recommends approval to the Board of Directors as warranted. Call Historic Kennett Square at 610-444-8188.