The Economic Development Match Grant aims to support economic development projects in Woodbury County, Iowa, by encouraging collaboration and higher funding levels. Eligible projects must align with at least one of MRHD’s four focus areas: job creation and retention, workforce development, impactful new projects or services, and community development for improved quality of life. Proposals must be sustainable without further grants, demonstrate community priority, be available to Woodbury County citizens, and leverage diverse resources. The application period runs from June 1, 2024, to June 30, 2024, with funding decisions announced by August 2, 2024. Awards range from $250,000 to $1,000,000, with a total of $1,000,000 available for the FY24 cycle. Grant recipients must complete projects within four years and match awarded funds dollar-for-dollar.

Eligible applicants include educational entities, local governments, and tax-exempt organizations based in Woodbury County, IA. Only one application per funding opportunity is allowed per tax-exempt organization, whereas educational entities and local governments can submit multiple applications from different units. Applications are submitted online via Foundant Grant Lifecycle Manager software and must include detailed budgets, proof of eligibility, and letters of support.