The City of Orlando's Business Assistance Program is giving $9,663.35 towards the $160,000 capital investment that Mai Bistro, LLC is making to turn a former Church of Scientology space in shopping strip at 1830 East Colonial Drive (MAP) into "a new fresh, casual Asian restaurant."
This same Business Assistance Program has helped the following nearbyrestaurants:
- Bembom Restaurant in Audubon Park
- Pig Floyds in Mills50
- Se7en Bites in Milk District
- Pi Pizza in Parramore and (check out their Wide Mouth Signage)
This project will fetch the city 5 new full time jobs.
The renovation will include the following:
- complete interior renovation
- addition of a new kitchen hood
- plumbing
- draining systems
- gas line
- new flooring
- 20 seats
Total eligible fees for Mai Bistro under the Business Assistance Program, are $19,326.70. The BAP will pay fifty percent of eligible fees ($9,663.35). The fee breakdown is as follows: Transportation Impact Fee @ 50% = $6,405.20, Sewer Benefit Fees @ 50% = $3,258.15.
The Business Assistance Program (BAP) is a matching grant program that was approved by the Orlando City Council on June 18, 2001 to encourage small businesses to locate, expand or redevelop in the City of Orlando. The Business Assistance Program assists with small-scale infrastructure projects, building permitting fees and impact fees. The BAP pays fifty percent of eligible fees. The maximum amount granted under the program guidelines is $20,000.
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