The Rural Innovation Grant program seeks to support creative ideas that address current issues and challenges faced by rural communities associated with the themes of community investment, growth and connection.
Donor Name: Iowa Economic Development Authority (IEDA)
State: Iowa
County: All Counties
Type of Grant: Grant
Deadline: 08/30/2023
Size of the Grant: $10,000 to $50,000
Grant Duration: 20 months
Details:
The word “innovation” is derived from the Latin verb innovare, which means to renew. So at its root, innovation means to improve or to replace something, such as a process, a product, or a service. It is the concept of bringing creativity into implementation with a definitive outcome. This grant is designed to support the implementation stage of projects.
Funding Information
- Minimum Grant Request: $10,000
- Maximum Grant Request: $50,000
Funding Period
All project activities and incurred expenses must occur within the eligible contracted funding period of October 15, 2023 – June 30, 2025.
Eligibility Criteria
- Iowa businesses, colleges and universities, city or county government, and private 501(c)3 nonprofit agencies and foundations are eligible to apply. A single entity must be selected to serve as the primary applicant for grant funding applications; however, the project should include collaboration between a consortium of partners. The selected primary applicant must meet the definition of eligible applicant. The applicant will be responsible for submitting eligible material during the funding application process and will be the entity legally obligated to the terms of an agreement if awarded funding. Partners and collaborating entities are not subject to the eligibility requirements but may be subject to financial and programmatic review during the selection process.
- Projects/programs must exist in and benefit a community in Iowa with a population of 20,000 or fewer and not contiguous (sharing a common border) to a city with a population of 40,000 or greater.
- Any eligible applicant may submit an application that includes one or more partners.
- Any eligible applicant will be allowed to submit one application per funding announcement. An applicant who has applied as the principal entity for an application may also be named as a partner on additional applications submitted but may not be named as a primary entity.
- Federally tax exempt nonprofit organization incorporated and physically located in Iowa.
- Physical location of the organization is defined as maintaining a current home office and registered agent address in Iowa defined by Iowa Code 490.501, as well as maintaining a primary staff presence physically located and working in Iowa.
- Public or private school serving grades pre-K through 12 and physically located in Iowa.
- Nonprofit institution of higher education physically located in Iowa.
- Unit of local, county or federally recognized tribal government physically located in Iowa.
- For-profit corporation or business located in Iowa.
- A business will be considered an Iowa business if the business is incorporated in the state of Iowa or authorized to do business in the state of Iowa.
For more information, visit IEDA.