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West Central Michigan News

Friday, November 15, 2024

Coldwater DDA Accepts Applications for Spring Round of Match on Main Grant

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City of Coldwater | Free CCO Credit

City of Coldwater | Free CCO Credit

Coldwater, Mich. (17 Jan. 2023) – The City of Coldwater’s Downtown Development Authority (DDA) is accepting applications for the “Match on Main” grant program through February 12th. Interested applicants can download the application form here. “Match on Main” is a reimbursement grant program provided by the Michigan Economic Development Corporation, which serves as a tool to support new or expanding place-based businesses by providing up to $25,000 in funding.

Eligible uses of funds include technical assistance, building renovation, permanent and semi-permanent activation of outdoor space, and general marketing and technology, among others. To be eligible, businesses and nonprofits must offer face-to-face goods or services, have a physical location within the downtown, and are required to have a minimum 10% match of funds.

The Match on Main program requires communities to administer a local application process before selecting up to two projects to submit to MEDC for consideration for funding. Applications to the DDA will be scored using the eligibility requirements provided by MEDC and a list of local criteria. Coldwater’s local criteria will evaluate projects based on whether applicants have sought business support programs in the recent past, to what extent businesses are actively involved in downtown projects and programs, and whether the business type was identified by the community as a priority, according to the 2022 Pulse Poll: retailers, restaurants, and experience-based businesses. The DDA must submit its selected projects to the MEDC by February 24th. MEDC will announce the winners the week of April 3, 2023.

Applications for local businesses are available on the City’s website and by contacting Audrey Tappenden directly at atappenden@coldwater.org or 517-279-6913.

Original source can be found here.

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