June 29, 2016
The Iowa Economic Development Authority awarded on June 24 a total of $40,000 to five Main Street programs via the Open 4 Business grant program, including $8,000 to Hotel Greenfield.
Business development and expansion proposals competed for the sub-state honors. The Hotel Greenfield presentation included a skit to show the need for improvement of the lounge space and services to make it more customer friendly. Helping with the presentation June 15 in Osceola were Stacie Hull, Mary Powell, Mary Dunn, Barb Riley, Carol Woosley, Gail Steward and Ellen Paullin.
The proposal will next be judged at the state level against the other four winners.
The goal of the Open 4 Business program is to further develop the economic vitality in Iowa’s Main Street districts. This grant program is administered through IEDA’s Iowa Downtown Resource Center and Main Street Iowa programs.
Hotel Greenfield will compete against Olson-Larsen Galleries, Valley Junction - West Des Moines; Bella Ragazza, Burlington; One Mission Fundraising Inc., Mount Vernon; and Wize Bize Wholesale, Hampton Aug. 2 in conjunction with the Iowa Downtown Conference in Mason City and all five finalists will be competing for an additional $20,000.
“The Main Street Open 4 Business program builds upon the revitalization work taking place in Main Street districts across the state,” explained Main Street Iowa State Coordinator Michael Wagler. “The investment these businesses are making strengthen local economies in our communities’ downtowns – making them great places to do business.”
The Open 4 Business grant program is part of the Challenge Grant program that is funded through an appropriation from the Iowa Legislature. Since the first appropriation in 2002, approximately $6 million in state and federal funds have leveraged over $37 million in private reinvestment. This represents 115 projects in 43 Main Street Iowa commercial districts across the state.
For more information about the Main Street Iowa Open 4 Business Grant program, contact Robin Bostrom, Business Specialist, Main Street Iowa, at 515.725.3053 or firstname.lastname@example.org.
Courtesy of Adair County Free Press, 6/29/16.