Business Grants and Incentives

New Business Incentives and Grants:

The Town of Cheraw offers new business incentives and grants to encourage the development of small businesses in the Town of Cheraw.

Guide to New Business Incentives and Grants in the Town of Cheraw

It is the responsibility of the business owner to apply for incentives when they are due.  Please read the guide carefully as different incentives are due at different times, and failure to apply within the specified time frame will result in the forfeiture of incentives due.

The Town will also assist with any Tax Credits and Incentives available for their project.

Façade Grant Program

To help maintain the appearance of the Town's commercial buildings, the Town offers façade grants of up to $1,500.00.  These grants are issued on a first come, first serve basis and require a 50% match. The Town also offers smaller grants for new signs and the replacement of existing signs. Please read the New Business Incentive Guide for Façade and Sign Grant requirements. Properties in the Downtown Incentive Zone established in 2019 may be eligible for increased façade improvement funding as it is available.

New Business Incentive Guide
Application for Façade Grant Reimbursement
Sign Grant Application

Bailey Bill

The Bailey Bill is a tax incentive program to encourage the rehabilitation of historic buildings by freezing the assessed value of the property for ten years.  The tax incentive is obtained by investing a minimum amount into the rehabilitation of a historic building.  The process for obtaining the tax incentive is involved but not difficult.  For more information please call Rob Wolfe at 843-537-7283 or email at

Application for Bailey Bill Certification