388857 - Open 4 Business

The Main Street Iowa “Open 4 Business” grant provides financial assistance to eligible Main Street districts to support business expansion projects. Applicants must be Main Street program organizations in good standing, submitting on behalf of a for‑profit business located within a designated Main Street district. Grants range from $5,000 to $25,000 per project, with a one‑time award per program and a required 25 % owner investment. The award cycle runs from June 1 2026 (announcement) to June 26 2026 (application deadline), with projects expected to be completed within 24 months of award notification. • Eligibility: Main Street Iowa programs with current contracts, National Main Street Accreditation, and a new for‑profit business applicant (no prior grant recipients). • Funding: Single award per program, $5k–$25k, 25 % owner match required, disbursements in two installments (partial ≤60 % after ½ completion, final upon project close‑out). • Deliverables: Business plan, 3‑minute video pitch, budget, and post‑award reporting (budget updates, photos, invoices).