The Hennepin County is seeking applications for its Business District Initiative to support municipal efforts to strengthen small business districts and main streets.
Donor Name: Hennepin County
State: Minnesota
County: Hennepin County (MN)
Type of Grant: Grant
Deadline (mm/dd/yyyy): 03/22/2022
Size of the Grant: $50,000
Grant Duration: 2 years
Details:
Thriving commercial main streets and small business districts provide important goods and services, create a sense of place, and help make communities desirable and productive. Small businesses produce considerable tax revenue, provide jobs, and serve as hubs of activity. Successful small business districts provide opportunities to foster entrepreneurship and help support the region’s innovation economy. Cities are in the best position to design and implement strategies that support their community’s priority business districts. The Business District Initiative provides funding assistance for the implementation of strategies that enhance the economic vitality of these priority business districts in suburban municipalities.
Funding Information
- The maximum award amount is $50,000.
Grant Period
- Funds must be used within 24 months.
Type of Projects
- Business recruitment strategies
- District-wide marketing
- Branding, or wayfinding
- Technical assistance across the business district
- Financial or legal services
- Streetscape and façade improvements
- Business incubators
Eligibility Criteria
- Suburban municipalities, housing and redevelopment authorities, economic development authorities, or port authorities.
- Suburban Hennepin County business districts with concentrations of locally-owned neighborhood-serving retail, office, restaurant, and/or entertainment use that offer a variety of goods and services in a walkable or planned-to-be walkable environment.
For more information, visit Business District Initiative.