City of Conway Economic Development Grant Program in South Carolina

The City of Conway Economic Development Grant Program for 2024-2025 is now open for applications, aiming to drive economic growth and enhance the quality of life within the Conway, SC community. This grant program is designed to support various projects and activities that stimulate economic activity and benefit local organizations. The overarching mission of the program is to foster a thriving Conway by investing in initiatives that create a positive economic impact. The target beneficiaries for this grant program are local organizations within Conway, SC, including charities, nonprofits, chambers of commerce, and similar entities. The program's impact goals are centered on supporting economic development programs, expanding or recruiting new businesses, and facilitating special events that draw attention and activity to the city. By supporting these organizations, the program seeks to strengthen the local economy and improve the community's overall well-being. The program's priorities and focuses include funding for economic development programs such as small business incubators and activities to expand or recruit new businesses. It also covers economic development staff salaries and benefits, special events like festivals, parades, conferences, conventions, sporting events, and arts/cultural events within the City of Conway. Additionally, travel for the purpose of recruiting business is a permissible use of funds, highlighting the program's commitment to attracting new opportunities. The expected outcomes of this grant program are a more vibrant and economically active Conway. Measurable results would include an increase in new businesses, expansion of existing businesses, a rise in local employment, and a greater number of successful community events that enhance the city's appeal. The program's strategic priorities are clearly aligned with fostering a robust local economy through direct investment in growth-oriented initiatives and community enrichment. The foundation's strategic priorities and theory of change are rooted in the belief that targeted investments in local organizations and economic development initiatives will directly lead to a stronger, more dynamic community. By providing financial support for key activities, the City of Conway aims to create a ripple effect, where initial investments lead to sustained economic growth, increased civic engagement, and an improved quality of life for all residents. This approach emphasizes collaborative efforts between the city and local organizations to achieve shared prosperity.