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Economic Development Match Grant

This funding opportunity supports tax-exempt organizations, educational institutions, and local governments in Woodbury County, Iowa, to implement impactful economic development projects that create jobs, enhance community services, and improve quality of life.

$1,000,000
Active
Recurring
Grant Description

The Economic Development Match Grant offered by Missouri River Historic Development (MRHD) is designed to support high-impact economic initiatives within Woodbury County, Iowa. MRHD, a private nonprofit, aims to promote sustainable economic growth and community enrichment through strategic grantmaking that encourages collaborative investment from other funders. The grant specifically supports projects that align with one or more of MRHD’s four economic development focus areas: job creation and retention, workforce development, impactful new services or projects, and enhancements to quality of life and community development. Proposals must demonstrate sustainability beyond the grant period and articulate measurable outcomes, ideally accompanied by evaluation methods. Applicants must ensure the project is a priority within their community, substantiated by supporting materials like surveys, reports, or letters of endorsement from stakeholders. Projects must be accessible to Woodbury County residents and demonstrate long-term impact and economic relevance. Proposals are expected to engage a range of public, private, and community partners, and applicants must submit a detailed line-item budget including match verification. Grants range from $250,000 to $1,000,000 and require a dollar-for-dollar match, with at least 50% of the match provided in cash. The total available funding for the 2025 cycle is $1,000,000. Projects must begin within two years of the award and be completed within four years. Applications will be reviewed for completeness, clarity, sustainability, and demonstrated community value. Eligibility is limited to tax-exempt organizations, educational entities, and local governments based in Woodbury County. While nonprofits may submit only one application, separate departments within local governments or educational institutions may each apply, provided the proposals reflect distinct projects or phases. The application window for the 2025 cycle opens on June 1 and closes on June 30. Awards will be announced on August 1 and disbursed on August 21. All applications must be concise, complete, and supported with relevant visuals and documentation. No contact name, phone number, or email was specified in the source materials.

Funding Details

Award Range

$250,000 - $1,000,000

Total Program Funding

$1,000,000

Number of Awards

Not specified

Matching Requirement

Yes - 1:1

Additional Details

 Grants range from $250,000 to $1,000,000 and require a 1:1 match, with no more than 50% of the match in-kind. Projects must start within 2 years and finish in 4 years. Must demonstrate sustainability and community impact.

Eligibility

Eligible Applicants

County governments
City or township governments
Nonprofits
Independent school districts

Additional Requirements

Eligible applicants are educational entities, local governments, and tax-exempt organizations located in Woodbury County, IA. Nonprofits may only submit one application. Distinct units within local governments or educational institutions may each submit for separate projects.

Geographic Eligibility

Woodbury County (IA)

Key Dates

Application Opens

June 1, 2025

Application Closes

June 30, 2025

Contact Information

Grantor

Missouri River Historical Development

Phone

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Categories
Community Development
Business and Commerce
Employment Labor and Training
Workforce Development
Housing