The City of Klamath Falls is happy to announce a new round of funding for Fiscal Year 2023-24 for the Economic Development Grant Program.
Donor Name: City of Klamath Falls
State: Oregon
City: Klamath Falls
Type of Grant: Grant
Deadline: 02/28/2023
Size of the Grant: $2,500
Details:
The City of Klamath Falls supports local nonprofits that foster the City’s economic prosperity and quality of life. Funding opportunities are available to local nonprofits that launch, expand, attract or retain businesses in the City, advancing the City of Klamath Falls as a leading innovation hub and tourist destination.
Economic Development funding is to support outside agencies (nonprofit only) focused on economic development and business improvement. Economic Development funding is intended to support the City’s mission, vision and strategic objectives for economic development.
- Economic Development funding exists in the following categories:
- Business Retention, Expansion and Recruitment which is primarily focused on recruiting, retaining and expanding traded sector businesses in the community.
- Downtown and Neighborhood Vibrancy is focused on sustaining a vibrant downtown mix of businesses and being a primary point of contact for downtown property and business owners. This category will also include groups focused on neighborhood sustainability and reinvestment.
- Small Business Support will assist groups who focus on entrepreneurs, small businesses and gap financing for small businesses.
- Housing relates to increasing housing stock within the City limits of Klamath Falls.
Program Areas
The funding in this Request for Proposals (RFP) touches numerous aspects of the City of Klamath Falls’ diverse economy, with a focus on advancing equity and shared prosperity for all residents. An eligible nonprofit has a mission that closely aligns with one of the following:
- Goal A: Creates, retains and/or expands small businesses with a neighborhood-based focus, excluding Business Improvement Districts.
- Goal B: Creates, retains and/or expands non-base-sector small businesses by offering a program to small businesses Citywide, not focusing on specific commercial neighborhoods.
- Goal C: Promotes the City of Klamath Falls as a visitor destination, enhancing the tourism base sector.
- Goal D: Enhances Klamath Falls’ economic standing in areas such as being a center for innovation, a destination live here-work there; a go-to for entrepreneurship and technology development for base sector businesses.
Types of Grant
There are 2 types of Grant Applications being accepted:
- Economic Development Funding Program (projects and programs requesting $2,500 or more)
- Community Initiative or Event Sponsorship (projects, programs or events requesting $2,400 or less)
Criteria
Eligibility under this program application is determined for programs requesting $2,500 or more in program funding. Examples of a variety of essential City programs and services, include:
- Business attraction and retention, with an emphasis on key industry clusters
- Small business assistance and nonprofit support
- Workforce development, including job training for today’s jobs and tomorrow’s opportunities
- Public and private projects such as affordable housing, job creation, economic development, and open space creation and management
- Neighborhood development, including commercial corridor stabilization and revitalization
For more information, visit Economic Development Grant.
