City of Coldwater accepts Applications for Fall Round of Match on Main Grant (Michigan)

The City of Coldwater’s Downtown Development Authority (DDA) is accepting applications for the “Match on Main” grant program.

Donor Name: City of Coldwater

State: Michigan

City: Coldwater

Type of Grant: Grant

Deadline: 10/23/2022

Size of the Grant: up to $25,000

Details:

Program Goals

• Match on Main strives to:
  • Support the creation and growth of businesses located in select or master Michigan Main Street districts or essentials or certified Redevelopment Ready Communities® across the state
  • Provide access to capital for place-based businesses, create and retain jobs, leverage private investment, and activate vacant or underutilized space
  • Provide eligible communities with a business recruitment and retention tool as they work to grow and support their local entrepreneurial ecosystem.

Funding Information

The maximum award to any individual applicant is $25,000.

Who can apply?

• Eligible applicants include local units of government, downtown development authorities, Michigan Main Street programs, or other community or economic development organizations that represent a traditional downtown district, historic neighborhood commercial corridor, or an area planned and zoned for concentrated commercial development. The grant applicant must represent a community that is essentials or certified in the Redevelopment Ready Communities® program or is a select or master Level Michigan Main Street Community.
• The MEDC will prioritize applicants that demonstrate a history of supporting businesses within the district for which they are applying.

What type of businesses qualify for funding?

• The applicant must certify the business included in the application meets all eligibility criteria in order for the application to be considered:
  • Businesses must meet all of the following eligibility requirements:
    • The business is located within the boundaries of the community the applicant serves
    • The business is located within a traditional downtown, historic neighborhood commercial corridor, or area planned and zoned for concentrated commercial development that contributes to a dense mixed-use area with multi-story elements
    • The business sells products and/or services face to face AND has a physical location within a traditional downtown, historic neighborhood commercial corridor, or area planned and zoned for concentrated commercial development (Ex. The business has a storefront location downtown)
    • The business will have, or intends to have, control over the site for which they are applying prior to Match on Main application. Please note: changes in the proposed business location after grant selection may result in grant being forfeited.
    • The business may be operating as a for profit or non-profit
    • The business is headquartered in Michigan.

For more information, visit City of Coldwater.