Open 4 Business Contest Now OpenWritten by Theresa Rose on March 12, 2018
Do you have a great business idea? Have you always wanted to own a business in downtown Mount Pleasant? Is your current business planning to expand services or add a new product line? Do you have a piece of equipment you wish you could purchase for your business?
Main Street Mount Pleasant is looking for interested entrepreneurs who could use $28,000 to launch or grow their business idea within the Mount Pleasant Main Street district. The Open 4 Business contest, launched in 2015, is an opportunity for businesses located within a state-designated Main Street district, to compete for a chance to win up to $28,000 in grant funds to assist with a business development or expansion project that will benefit the local community. Businesses must complete an application and submit a short video outlining their business idea and how it will benefit the local economic climate in their community. A 25% cash match is required. The grant funds are administered by the Iowa Economic Development Authority’s Downtown Resource Center and Main Street Iowa program.
Each designated Main Street community may submit one local business applicant that will represent Mount Pleasant at the sub-state competition held in Des Moines on June 28, 2018. Sub-state winners will receive $8,000 and advance to the state contest which will be held in Waterloo, Iowa the evening of August 28, 2018. The state winner could win up to $20,000.
For complete details about this program, please contact Lisa Oetken, Executive Director Main Street Mount Pleasant at 319-385-3101 or firstname.lastname@example.org or Robin Bostrom, Business Specialist, Iowa Downtown Resource Center/Main Street Iowa at 515.348.6176 or robin.bostrom@iowaEDA.com.