My friends own a shop that offers classes in gem faceting, cabochoning, gold smithing, metal casting and such. There is some jewelry for sale but they also have a large selection of rough stone for cutting and they sell supplies for jewelry making and rock collecting/hunting. They do custom jewelry design as well. Business is terrible for several reasons but that’s a separate argument that can be hashed out when or if a way is found to keep the place open. They said that if I can find a way to save the shop they would allow me to make any changes I wanted. We’ll see about that.
I was wondering if there was a way to get grants to turn it into a proper teaching facility. Rather than sales I would shift the primary focus of the shop to the classes. They would need all new equipment and the space would need a slight remodel but it could probably be done for $50-75,000.
If turning it into a school isn’t an option, is there some kind of small business grant that would help them learn how to run a business and upgrade the shop?
I know this all sounds kind of ridiculous but I’m out of other ideas. I know nothing about how to apply for assistance or if it’s even available in this situation. I need any help or ideas you guys can give me, please.