The Business Innovation Grant 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: 07/01/2024
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 upgrade
- Capital improvement
- Purchase, construction, renovation, or expansion of building
- 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.
For more information, visit Renville County.
