Do you have a great business idea? Have you always wanted to own a business in downtown Jefferson? Is your current business planning to expand services or add a new product line? Do you have a piece of equipment you wish you could purchase for your business?
Jefferson Matters: Main Street is looking for interested entrepreneurs who could use $28,000 to grow or expand their business idea within the Jefferson’s Main Street district. The Open 4 Business contest, launched in 2015, is an opportunity for businesses located within a state-designated Main Street district, to compete for a chance to win up to $20,000 in grant funds to assist with a business development or expansion idea in Jefferson’s Main Street District. Businesses must complete an application and a short video outlining their business idea and how it will benefit the local economic climate in their community. A 25% cash match is required. Businesses must be in business for at least one year to apply. The grant funds are administered by the Iowa Economic Development Authority’s Downtown Resource Center and Main Street Iowa program.
Main Street’s Economic Vitality Committee is hosting this competition and will choose the one business entry to submit at their April 11, 2019 mtg. Each designated Main Street community may submit one local business applicant that will represent Jefferson at the sub-state competition held in Des Moines on June 27, 2019. Sub-state winners will receive $8,000 and advance to the state contest which will be held in Waterloo, Iowa the evening of August 28, 2018. The state winner could win up to $20,000.
For complete details about this program, please contact Peg Raney at Jefferson Matters: Main Street at firstname.lastname@example.org or 515-386-3585 or Robin Bostrom, Business Specialist, Iowa Downtown Resource Center/Main Street Iowa at 515.725.3053 or robin.bostrom@iowaEDA.com.