The Community and Economic Development Associates (CEDA) is seeking applications for the Rural Capacity Program to provide assistance to communities in Minnesota with 3,000 or fewer residents on an as-needed basis to design, implement, market, and administer specific types of common community and economic development programs.
Donor Name: Community and Economic Development Associates
State: Minnesota
County: All Counties
Type of Grant: Grant
Deadline: 01/12/2024
Size of the Grant: $10,000 to $100,000
Grant Duration: Grant Duration Not Mentioned
Details:
Because your city will receive support, resources, and expertise from CEDA to help you achieve your goals thanks to a special appropriation from the State of Minnesota. This includes:
- Up to 150 hours of Technical Assistance: Covered by a special appropriation from the State of Minnesota, along with up to $15,000 CASH in the form of a grant to your city to help implement your program.
- Expert Guidance: CEDA’s team of professionals will work hand-in-hand with your city to create a tailored plan that meets your unique needs.
- Proven Success: CEDA has a proven track record of helping small cities like yours thrive and prosper.
- Strong Community Partnerships: CEDA collaborates with local businesses, organizations, and government agencies to maximize the impact of the programs.
Why should you apply?
CEDA’s tailored programs are dedicated to addressing the specific challenges faced by small communities like yours. CEDA will work with your city to develop and implement a tailored program that specifically addresses your city’s needs and fits into one of the categories below:
- Revolving Loan Funds: Jumpstart your local economy by offering low-interest, gap financing designed to support entrepreneurs looking to start or expand their businesses. The expert team will guide you through the complex world of creditworthiness, finance and loan administration.
- Commercial Exterior Improvement Grants/Loans: Enhance the beauty and vitality of your community by developing grants and loans. Whether it’s sprucing up a specific area or beautifying the entire community, they can help you develop a program unique to your city’s needs.
- Business Incubation Programs: They know that nurturing new businesses is essential for growth. The flexible incubation programs can help you offer rental subsidies, technical assistance, and educational support, making it easier for potential and new entrepreneurs to flourish.
- Childcare Incentive Programs: Ensure a brighter future for your youngest residents by supporting existing or new childcare providers. The program they’ve developed assists with licensure fees and continuing education, promoting increased capacity and higher-quality care.
- Business Retention and Expansion Program: Building a strong local economy starts with understanding your businesses. The program facilitates meaningful conversations with local businesses, helping you identify challenges, prioritize solutions, and seize new opportunities for growth.
For more information, visit CEDA.
