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Salem equipment-grant applications open November 5
The city program offers competitive reimbursement of up to half of approved equipment costs, capped at $5,000, for qualifying businesses.
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The application window runs through December 15
Salem’s Economic Development Authority says applications for the Salem Small Business Equipment Investment Grant open November 5 and close December 15. The competitive program may reimburse up to 50% of approved equipment costs, capped at $5,000, and requires at least a one-to-one business match.
The city lists February 1, 2027, as the award date. An application is not an award, and a purchase made outside the controlling program rules may not qualify for reimbursement.
Check the full eligibility and purchase rules
The city says applicants must be for-profit businesses at permanent commercial or industrial locations inside Salem city limits, have operated locally for at least one year, employ two to 25 full-time-equivalent employees, hold required licenses and permits, and be current on local taxes and fees.
Qualifying equipment can include machinery, tools, furniture, office equipment and computer hardware. The city says sales tax and delivery, freight and shipping charges are not reimbursable.
Use the program guide, budget worksheet and application for the controlling terms before committing funds.
Sources & verification
Official city page checked November 4, 2026 for dates, reimbursement cap, match, eligibility, eligible equipment and excluded costs.
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