2024 Economic Development Match Grant
Description
The Economic Development Match Grant is designed to bring other funders together, and to support economic development projects within Woodbury County that need potentially higher levels of funding and collaboration.
Donor Name: Missouri River Historical Development
State: Iowa
County: Woodbury County (IA)
Type of Grant: Grant
Deadline: (mm/dd/yyyy) 06/30/2024
Size of the Grant: $500,000 to $1 million
Grant Duration: Grant Duration Not Mentioned
Details:
The project submitted must align with at least one of MRHD’s four economic development focus areas:
creation and retention of jobs,
development of a critical job force,
new project or service having a substantial impact on the community, and
improved quality of life and community development project.
To be considered, proposals must:
be sustainable after the allowable grant period and not require additional grants to maintain over the long term, The project outcomes should be clearly stated, measurable and if applicable, have a sound evaluation process.
be a demonstrated priority by the community (supporting evidence is required), This may be demonstrated in a variety of ways. Examples include survey results, studies or reports, and letters of support from stakeholders, government officials and community leaders.
exhibit an intention to be made available to citizens of Woodbury County. Proposals should demonstrate the lasting impact to the community and how the project will impact economic development in Woodbury County and/or the target population.
leverage private, public and/or community resources and maximize collaboration with stakeholders throughout the community. Projects should demonstrate an effort to utilize local resources and community partners.
include a project budget with line-item detail for expenditures and income. The project budget should be clearly laid out and supported by quotes, bids, or other documentation. It must also include evidence of the match, or how that support is attainable within required time to complete the project.
be complete and concise. Proposals should include available images and marketing materials of the completed project along with their detailed description.
Funding Information
In total, $1,000,000 is available for the FY24 grant cycle.
Maximum Award: $250,000 up to $1,000,000.
Eligibility Criteria
Applications will only be accepted from educational entities, local governments, and tax-exempt organizations whose principal place of business and project are in Woodbury County, IA.
Tax-Exempt Organizations may only submit one (1) application per funding opportunity, whereas Local Governments and Educational Entities may submit more than one (1) application per funding opportunity as “individual units” within these organizations are considered separate and may each submit one (1) application per funding opportunity. Each funding request must be for a distinctly different project or a distinctly different phase of a larger, multi-phase project.
For more information, visit MRHD.