Commercial Innovation Grants support associations in launching new commercial real estate services and programs to close gaps in association support for members engaged in commercial real estate.
Funder: National Association of Realtors
Due Dates:
Funding Amounts: Kickstarter funding for new commercial services or programs
Summary: Helps associations launch new commercial real estate services and programs that address gaps in support for commercial members.
Key Information: The program supports new association offerings focused on commercial real estate.
The National Association of REALTORS® (NAR) runs the Commercial Innovation Grant Program to help associations create new commercial real estate services or programs. These “kickstarter” funds address a gap between members’ commercial activity and association support: approximately 30% of members at a local association engage in commercial real estate transactions, while fewer than 20% of associations provide services specifically for commercial members.
The program focuses on getting new association offerings started. Past projects span communications and marketing, education and professionalism, legislative and advocacy work, technology and data, and community or member involvement and networking. These examples illustrate the range of services the grants have helped associations initiate.