The New Ulm Economic Development Authority (EDA) is pleased to announce the opening of its Small Business Incentive Grant application window from November 1, 2024, to December 31, 2024. This initiative aims to support local small business startups and enhance economic growth in our community. Applications will be accepted online only.
This grant program prioritizes funding for businesses in the following sectors: restaurants, retail, childcare, and light manufacturing. Funds are limited and submittal of an application does not guarantee funding. We expect to award five grants in 2025.
Eligibility and Application Process
Businesses interested in applying must meet specific criteria and submit their applications through our dedicated online portal. Detailed information on eligibility requirements and the application process can be found at www.newulmbusiness.com/incentives
Key Dates:
- Application Open: November 1, 2024
- Application Close: December 31, 2024
For additional information or inquiries contact:
Heather Bregel
Economic Development Director
New Ulm Economic Development Authority
(507)233-2107
HeatherB@newulmmn.gov
www.newulmbusiness.com
