The City of Dubuque Small Business Support Grant provides up to $5,000 for small business owners to assist with operating costs.
Donor Name: City of Dubuque
State: Iowa
City: Dubuque
Type of Grant: Grant
Deadline: 09/15/2023
Size of the Grant: Up to $5,000
Details:
The goal of the Small Business Support Grant program is to cover business expenses while helping the business owner develop strategies for continued success. The City partners with the Fountain of Youth Program to administer the grant. Recipients will be matched with a business mentor and be required to participate in an eight-week personal and professional development program facilitated by Fountain of Youth. These qualifying requirements are meant to provide ongoing support to the business owner as they look to improve business practices and increase income.
Funds are provided as a reimbursement grant for eligible expenses, based on the recipient’s participation in both personal and professional development activities. The program aims to provide short-term assistance to keep the business operating well, and to position the business owner to improve the business over the long term.
Eligible Expenses
- Rent/utilities of commercial space (home office not eligible)
- Salaries for employees (not the owner)
- Permanent supplies (such as paper clips, scissors, hangers, etc.)
- Permanent signage
- Permanent equipment
- Marketing / ads
- QuickBooks
- Training/technical assistance
- Event space rental
- Website design
Eligibility Criteria
- The applicant must live inside the city limits of the City of Dubuque.
- The business must have fewer than five (5) employees.
- The business must have been operational for at least (twelve) 12 months before application.
- The applicant must have filed their 2022 personal and business income taxes.
- The applicant must be an individual from a low- to moderate-income household. (Some exceptions apply for individuals with lower net income from the business despite total household income.)
- The participant must participate in at least 8 personal development sessions at Fountain of Youth beginning with a kickoff event on September 21, 2023, with workshops starting on September 28, 2023. At least 2 professional development sessions with a business mentor are also required.
For more information, visit City of Dubuque.
