Business Development Grant

GENERAL INFORMATION

Up to a total of $1,000 in matching grant money may be awarded to one or more selected businesses registered within the city of Monroe City. Funds may be used for any business expense at the discretion of the Grant Committee that will review all applications. The grant program is directed at Chamber member businesses. All applicants must demonstrate the ability to obtain supplemental financing as needed.

Grant money will be given to the recipient in the form of reimbursement and will be disbursed only after adequate documentation including, but not limited to, receipts are submitted.
Recipient will be or will agree to become a member of the Monroe City Chamber of Commerce.

RULES AND GUIDELINES

The Grant Committee may disqualify any application they believe violates the letter or spirit of the Business Development Grant Program guidelines in its sole discretion.

Conflict of Interest Policy: The Committee agrees not to initiate a professional relationship with Applicants who have an active application in the Business Development Grant Program. An application is considered active until the Committee has made a decision about it or until it has been withdrawn by the Applicant. A Committee member will recuse themselves from discussion about and voting on an Applicant to the Business Development Grant Program if a Committee Member has an existing personal or business relationship with the Applicant.

The selection committee will base the Business Development Grant Program on

Concept & Innovation
Viability
Financials
Sustainability
Economic Impact
The Committee may ask the Applicant to come in and talk about the project with them and/or the Monroe City Chamber of Commerce Board of Directors. A one-hour consultation with SBDC will be required for startups.

Please mail your application to PO Box 22 Monroe City, Missouri 63456 Application Deadline: August 18[th], 2023