Entrepreneurs looking to open or grow their business in Emmetsburg have the chance to get a boost, thanks to a grant from the City of Emmetsburg. Beginning July 1st, innovative entrepreneurs can apply to get a $10,000 grant to support their business startup or expansion plans through the City’s new Business Innovation Grant.
Eligible business projects include business startups, expansions of existing businesses (i.e. new product or services, physical expansion or capital project), acquisition of an existing business (i.e. retirement sale), or business relocation or expansion to Emmetsburg. Eligible project expenses include, but are not limited to, land or building acquisition, business acquisition, engineering and design, site development, construction or renovation, materials, inventory, equipment, marketing, and legal fees.
Applications will open on Monday, July 1st. Interested entrepreneurs must submit their completed application and required attachments by Friday, August 16h. A panel of representatives in economic development, small business, government, and finance will confidentially review and score applications. Up to three candidates will be invited to present their business projects to a small interview committee in late August, and a winner will be selected in September. Application materials and additional program information is available online at www.emmetsburg.com/business-grant.
For more information and questions, please contact Gretchen Reichter with the City of Emmetsburg Economic Development Department at [email protected] or 712-852-2067.
