The Main Street Economic Revitalization Grant program awards matching funds to help businesses improve their buildings.
Donor Name: Destination Medical Center
State: Minnesota
City: Rochester
Type of Grant: Grant
Deadline: 04/16/2025
Size of the Grant: $100,000 to $500,000
Grant Duration: Grant Duration Not Mentioned
Details:
The goal is to help Rochester stay a lively, welcoming place for people to live, work, and visit. Grant recipients can use the funds for property repair or renovation, building construction, landscaping and street scaping, demolition and site preparation, predesign and design, engineering, non-publicly owned infrastructure, or related site amenities.
Capital investments, such as:
- Repair or renovation of property, including expansions and additions
- Demolition, site preparation, and building construction
- Landscaping, streetscaping and related site amenities
- Engineering, pre-design and design work
- Infrastructure.
Funding Information
- Total Funding Available: $721,153
- Total Funding Per Round: $360,576
- Grant funding for any project is capped at $175,000 and cannot exceed 30% of the total project cost.
Eligibility Criteria
- A property owner or a business owner/tenant.
- The project is in one these areas:
- The DMC District, with priority given to those organizations near the future Link Bus Rapid Transit corridor.
- The Lowertown Neighborhood is an area with over 100 businesses within walking distance of downtown Rochester.
- A funding match to pay for the project. Matching funds cannot be from state or federal sources.
- Grant funds will be spent on property repair or renovation, building construction, landscaping and street scaping, demolition and site preparation, predesign and design, engineering, non-publicly owned infrastructure, or related site amenities.
- All spending must happen before June 30, 2026, to get reimbursed.
For more information, visit Destination Medical Center.