News Release 01/20

January 2, 2020

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Marceline IDA 2020 Business Improvement Grant Program

 

Marceline, MO - The Industrial Development Authority of the City of Marceline, Missouri announced today they would be providing a 50/50 matching grant program to Marceline businesses to make improvements again this year. Darrell Gardner Executive Director of the IDA announced the grant would be eligible to all commercial businesses in Marceline and all commercial building owners. Gardner said the total grant money available for this Business Grant Program would be $10,000.00 in the 2020 grant cycle.

 

The IDA Business Improvement Grant Program will be opened on February 3, 2020 and applications may be made through April 10, 2020. The Guidelines / Application is available online HERE.  This document can be saved, completed and printed at the applicant's convenience.  Hard copies are also available at City Hall or at the Downtown Marceline Office at 209 N. Main Street USA.

 

The grant amount will equal up to 50% of the cost of eligible improvements, up to a maximum of $1,000. For example, if a total project cost is $1,200, MIDA’s reimbursed grant is $600 and the business will provide $600 of their funds. If a total project cost is $2,200, MIDA's grant is $1,000 and the business will be responsible for $1,200.

 

A ranking points system will be used with first time recipients, brick and mortar, location, time in business and other factors being considered before grant approval. Also the use of local contractors and buying materials locally will be taken into consideration.

 

Applications must be mailed to Marceline IDA 107 N Main Street USA, Marceline, MO 64658 prior to April 10, 2020. All applications received will be considered at the next regularly scheduled IDA meeting on the third Wednesday of each month.

 

The Guidelines and Application Form can be found at the following link:

 

 http://www.marcelinemo.us/government/grants/2020%20Grant%20Guidelines-Application.pdf

 

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Media contact information:

Darrell Gardner

Executive Director, Marceline IDA

Phone:  (660) 376-2000