Main Street Elkader is dedicated to partnering with local businesses and organizations to create sustainable growth in our downtown district.
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.
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.
By being a National and State Accredited Main Street Community, Elkader is able to participate in both these annual Main Street sponsored grant programs.
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
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.
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.