Measuring Community Economic Development Grant Impact
GrantID: 63327
Grant Funding Amount Low: $10,000
Deadline: May 1, 2024
Grant Amount High: $600,000
Summary
Explore related grant categories to find additional funding opportunities aligned with this program:
Arts, Culture, History, Music & Humanities grants, Black, Indigenous, People of Color grants, Community/Economic Development grants, Education grants, Environment grants, Health & Medical grants.
Grant Overview
Infrastructure upgrades for local small businesses
In the realm of community economic development, funding opportunities are designed to bolster the operational capabilities of local small businesses, particularly in economically distressed neighborhoods. This funding specifically supports infrastructure upgrades, which may include technological enhancements, physical improvements, or energy-efficient systems, while excluding unrelated business operational costs such as employee salaries or inventory purchases.
One practical use of this funding could be a program that provides comprehensive support for a collective of small businesses aiming to upgrade their infrastructure. For instance, a group of local cafes may apply for funding to enhance their internet access to better serve customers and streamline online ordering systems. Another potential project might involve a partnership with a local technology provider to implement energy-efficient equipment across several businesses, resulting in long-term savings and a reduced environmental footprint.
Small businesses that stand to benefit should be locally owned, demonstrate a need for infrastructure support, and possess a viable plan for improvement, including how upgrades will enhance sustainability and job creation. Conversely, businesses with limited operational histories, those located in non-target areas, or organizations without clear economic impact goals may not be suitable applicants for this funding opportunity.
Assessment criteria for potential grantees will include the clarity and viability of their proposed upgrade projects, along with demonstrated community impact through collaboration with local workforce development initiatives. Projects should also convey the importance of sustainable practices in their proposed infrastructure changes, linking economic improvement with a commitment to community revitalization.
Eligible Regions
Interests
Eligible Requirements
Related Searches
Related Grants
Grants for Tree Planting Projects
Projects are to be located in underserved communities and are to enhance human health, quality of li...
TGP Grant ID:
12740
Grants for Long-Term Rent Affordability Initiative
The grant aims to safeguard existing affordable housing stock from market pressures that could lead...
TGP Grant ID:
65675
Grants to Support Farmers
Grants to support farmers. Our program seeks proposals that have clear relevance to agriculture...
TGP Grant ID:
17132
Grants for Tree Planting Projects
Deadline :
2023-03-08
Funding Amount:
Open
Projects are to be located in underserved communities and are to enhance human health, quality of life and...
TGP Grant ID:
12740
Grants for Long-Term Rent Affordability Initiative
Deadline :
Ongoing
Funding Amount:
$0
The grant aims to safeguard existing affordable housing stock from market pressures that could lead to increased rents. The program helps maintain com...
TGP Grant ID:
65675
Grants to Support Farmers
Deadline :
2022-09-25
Funding Amount:
$0
Grants to support farmers. Our program seeks proposals that have clear relevance to agriculture community, demonstrated producer support, and the...
TGP Grant ID:
17132