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Baraga County Dynamo Grant Program in Michigan

$5,000
Closed
Grant Description

The Baraga County Chamber is excited to announce the Dynamo Young Business Grants to help attract new businesses and assist young businesses in Baraga County. Donor Name: Baraga County State: Michigan County: Baraga County (MI) Type of Grant: Grant Deadline: (mm/dd/yyyy) 09/03/2024 Size of the Grant: $1000 to $10,000 Grant Duration: Grant Duration Not Mentioned Details: The program will offer to start-up businesses or businesses within the first twelve months of start up as selected by the Dynamo Grant Program committee. This funding is a grant and does not need to be repaid. The businesses may be for profit or non-profit. Funding Information The program will offer up to $5,000. Criteria Type of Business: For profit or non profit business within the first twelve months of existence or not yet opened, but preparing to do so. Dynamo Grant is seeking businesses that will create jobs, have a positive impact on the community and provide products/services that are in demand. Business must be located in Baraga County. Business Plan: The committee will review the business/marketing plan to assess its viability and sustainability. Factors to be considered will be the demand for products/services, funding, the experience of owners, number of potential employees and business location. The business plan must include details on how the grant money will be used.ย  Applicants are encouraged to seek business planning assistance from the Michigan Small Business Development Center and local financial institutions. For more information, visit Baraga County.

Funding Details

Award Range

Not specified - $5,000

Total Program Funding

Not specified

Number of Awards

Not specified

Matching Requirement

No

Eligibility

Eligible Applicants

Small businesses
Nonprofits

Additional Requirements

For profit or non profit business within the first twelve months of existence or not yet opened, but preparing to do so. Dynamo Grant is seeking businesses that will create jobs, have a positive impact on the community and provide products/services that are in demand. Business must be located in Baraga County.

Geographic Eligibility

Baraga County (MI)

Key Dates

Application Opens

July 23, 2024

Application Closes

September 3, 2024

Contact Information

Grantor

Baraga County

Phone

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Business and Commerce
Science and Technology