The Winona Area Chamber of Commerce Foundation and the City of Winona Community Development Office announce the opening of the application period for the Winona Main Street Economic Revitalization Grant Program.
- Who is eligible: Businesses, owners, non-profit organizations and promoters.
- What: Grants of 30% of project costs will be distributed to approved applicants.
- Where: Property location in downtown Winona: Huff Street to Franklin Street and Fifth Street to the riverfront.
- When: Applications will be available from August 15 to October 17. It may be reopened depending on funding.
The Winona Chamber Foundation, in partnership with the City of Winona Community Development Office, applied for funds from the Minnesota Department of Economic Development for capital projects. The application was successful and the Chamber is now accepting grant applications to support capital projects for economic development in downtown Winona. Downtown businesses are eligible for funding for real estate improvements, such as building construction, infrastructure, landscaping, design, and engineering fees.
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Guidelines, application and requirements can be found at www.winonachamber.com
After the application period ends on October 17, the local review team will assess the proposal for eligibility and the following criteria: potential to increase the tax base, job creation and retention, feasibility (request from the market, business plan, research) and readiness (project start date, commitment of contractors/banks).
This criterion is consistent with the funding priorities established by the granting agency.
For more information about the Winona Main Street Economic Revitalization Grant Program, contact Lucy McMartin, Community Development Manager for the City of Winona, 507-457-8250 [email protected]; or Nick Larson, City of Winona Development Coordinator, 507-457-8250 [email protected]; Winona Area Chamber of Commerce, 507-452-2272 [email protected]