Elkader Economic Development Resources

Main Street Elkader
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    • Home
    • About Us
    • Events
    • Projects
    • Invest
    • Volunteer
    • Grants

  • Home
  • About Us
  • Events
  • Projects
  • Invest
  • Volunteer
  • Grants

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.


Apply for the MSE Revolving Loan

Clayton County Development Group

The CCDG loan provides financing to new or expanding businesses for which credit is not otherwise available. 


Apply for the CCDG Revolving Loan

Upper Explorerland Loan

The UERPC  loan provides financing to new or expanding businesses for which credit is not otherwise available. 


Apply for the UERPC Revolving Loan

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. 


Apply for the Allamakee-Clayton Electric Coop Loan


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


2022 Challenge Grant Application and Process

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. 


2022 Open 4 Business Application and Process


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. 


Additional Grant Opportunities

Join our email list!

Previous Grant Winners

Danielle and Caleb Shea awarded $270,000 Downtown Housing Grant by Governor Reynolds

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

mse@alpinecom.net


Elkader Chamber of Commerce 

City of Elkader

Elkader Economic Development 


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