The Business Innovation Grant Program is designed to assist businesses in Renville County with business development and growth opportunities.
Donor Name: Renville County
State: Minnesota
County: Renville County (MN)
Type of Grant: Grant
Deadline: 10/01/2024
Size of the Grant: $1000 to $10,000
Grant Duration: Grant Duration Not Mentioned
Details:
Funding Information
The maximum grant amount is $3,000.
Eligible Uses
- Equipment purchases or upgrades
- Capital improvements
- Purchase, construction, renovation, or expansion of buildings
- Development or promotion of new product lines
- Commercial blight
- Professional development or employee training (tuition only)
- Information Technology upgrades
Criteria
- Application must be submitted to the EDA prior to project completion.
- A minimum of a 1:1 contribution match from the business and/or other funds is required.
- Must be a specific project that has the potential to create or retain jobs or be intended to increase the revenues of local businesses.
- Businesses will be required to expend at least twice the amount of the grant award in reimbursable costs and submit invoices and receipts before grant funds will be released.
- Application must be typed and submitted prior to project completion.
- Applicants are encouraged to submit bids or project specs with their application.
For more information, visit Renville County.