The Rich County Economic Development Grant-2024

The Rich  County Economic Development Grant is a funding opportunity provided by the County to assist local businesses to grow and become more profitable by supporting but not limited to: infrastructure, asset acquisition, and training. Marketing, wages, or general operating costs are not eligible for funding. Matching contributions are required. The county will also place a premium on those application that can show favorable return for the grant investment through retention of full-time employees, market research, facility improvements, or equipment.  Requests will be limited to $20,000 and one application per individual per business.  Requests for funding in excess of $10,000 will be required to formally present their application to the Rich County Economic Development Board.  Proof of profitability through profit and loss or other means.  However, this information will not be forwarded to the board for review  to maintain confidentiality. Applications are due by January 1, 2024.  Funding is on a reimbursement basis and all receipts from grant recipients must be received by the grant administrator by June 30, 2024. 

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