Business Innovation Grant
Program Guidelines
This program has been designed to assist businesses in Renville County with business development and growth opportunities.
GRANT AMOUNT:
| - The maximum grant amount is $3,000. |
ELIGIBLE USES:
| - Equipment purchases or upgrades |
| - Capital improvements |
| - Purchase, construction, renovation, or expansion of buildings |
| - Development or promotion of new product lines |
| - Commercial blight |
| - Professional development or employee training (tuition only) |
| - Information Technology upgrades |
CRITERIA:
| - A minimum of a 1:1 contribution match from the business and/or other funds is required |
| - Must be a specific project with potential to create/retain jobs or increase revenues of local businesses |
| - Application must be submitted to the EDA prior to project completion |
| - Businesses will be required to expend at least twice the amount of the grant award in reimbursable costs |
2021 grant applications are due by January 1, April 1, July 1 and October 1.
Click here to download the Business Innovation Grant application.
Business Innovation Grant full guidelines available here.
Questions? Contact the EDA office at 320-523-3656 or grants@renvillecountymn.com.