Supporting Local Growth and Development
Main Street Elkader is dedicated to partnering with local businesses and organizations to create sustainable growth in our downtown district.
Financial Support
Revolving Loan Funds
Main Street Elkader Revolving Loan
Funds for this small business loan program are intended to be used for private, for-profit businesses engaged in retail, small-industrial and/or service type businesses.
Clayton County Development Group
The CCDG loan provides financing to new or expanding businesses for which credit is not otherwise available.
Upper Explorerland Loan
The UERPC loan provides financing to new or expanding businesses for which credit is not otherwise available.
Allamakee-Clayton Electric Coop
The priorities of this loan source include job creation and retention, diversification of the local economy and public infrastructure upgrades to improve the health, safety and/or medical care of rural residents.
Main Street Iowa Grants
By being a National and State Accredited Main Street Community, Elkader is able to participate in both these annual Main Street sponsored grant programs.
Challenge Grant
Main Street Iowa Challenge Grants are available for brick-and-mortar building projects that contribute to the development of designated Main Street Iowa districts. Highly competitive applications focus on comprehensive building rehabilitation projects that provide increased business, housing or job opportunities. Local applications for this 1:1 match program open at the end of June each year. Only one local applicant is able to advance to the stat
Open 4 Business Grant
The Open 4 Business program encourages business development in designated Main Street Iowa districts around the state. Funding can be used for inventory, equipment, software updates, marketing, etc. but not for building rehabilitation or rent. Local applications for this program open in late January. One local applicant is selected in March or April to advance to the state level.
Other Grants
Ongoing Grant Opportunities
Additional grant opportunities are regularly updated in our newsletter and online. If you have a specific project and grant need in mind please join our email list to get monthly updates on additional grant opportunities.
Join our email list!
Previous Grant Winners
Danielle and Caleb Shea were awarded a $270,000 Downtown Housing Grant by Governor Reynolds
Mike and Kathleen McShane, GEAR Elkader, were awarded $100,000 for a 2021 Challenge Grant.
Dawn Medberry was awarded a 2019 Challenge Grant for the Argus Building.
Dave Fulk was awarded the 2020 Open 4 Business award for his business, Cutting Edge Archery. The grant will be used for inventory, marketing, and a 4D shooting system.
MAIN STREET ELKADER
207 N Main St, Elkader, Iowa 52043, USA
PO Box 125
563-245-2770
Copyright © 2018 Main Street Elkader - All Rights Reserved.
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