The City of Marion is launching a Business Innovation & Support Grant specifically for small businesses in the community who have navigated the hardships of the COVID-19 pandemic.
Donor Name: City of Marion
State: Iowa
City: Marion
Type of Grant: Grant
Deadline (mm/dd/yyyy): Ongoing
Grant Size: $5,500 to $15,500
Details:
The grant is designed to provide financial relief on a matching basis for innovation, expansion, and growth to Marion businesses. The funding comes from Marion’s allocation of American Rescue Plan Act funding. Approximately $450,000 is designated through the Marion program for local small business support.
Funding Information
The Business Innovation & Support Grant is designed for small businesses with one to 10 employees. The grant provides funding ranging from $5,500 to $15,500. Each award comes with up to five hours of mandatory business counseling by a pre-approved business coach ($500 will be reserved from each cash award for the counseling/coaching fee).
Eligibility Criteria
Applicants should demonstrate an entrepreneurial approach to navigating the small business hardships of 2020-2022 and an innovative plan to thrive and grow through this business support grant.
- Businesses must be located in Marion, Iowa.
- Priority is given to small businesses in retail, food service, arts and entertainment, hospitality & service, fitness, personal service, and transportation.
- Applicant should not be business in adult entertainment; cigar, cigarette, electronic cigarette, and tobacco dealers; check cashing, bail bonds, salvage services, fireworks sales; and auto dealerships.
For more information, visit City of Marion.
