Iowa Business and Commerce Grants

The City of Des Moines introduces the Ladder Up Social Equity Grant program, designed to support community organizations that work towards addressing economic disparities among marginalized and underrepresented residents. This initiative is part of the city's commitment to enhancing economic opportunities and fostering equitable outcomes. Funding Source Each year, the program allocates a total of $100,000 from Local Option Sales & Services Tax revenues to fund these critical efforts. The goal is to boost the local economy and strengthen the purchasing power within the community. Eligibility Criteria Organizations eligible to apply must: Be a 501(c)(3) nonprofit, or have a fiscal partner that is a 501(c)(3) nonprofit. Be based in Des Moines or demonstrate service to City of Des Moines residents. Have a proven track record of successful economic opportunity programming and a strong commitment to equity and inclusion. Supported Equity Efforts The grant supports a variety of initiatives, including but not limited to: Upskilling Programs: Training and education to enhance job skills. Small Business Support: Start-up assistance and ongoing coaching for underserved residents. Community Outreach: Targeted efforts towards specific marginalized groups. Language Accessibility: Increasing access to services through language support. Proactive Services: Quality services aimed at underserved communities. Economic Connection: Programs that link residents to economic opportunities. Grant Details Award Amounts: Organizations can receive between $10,000 and $25,000. Use of Funds: The grant covers operational costs such as program administration, supplies, and training. Funds must be used to expand or create programs specifically designed to serve historically marginalized communities.

Through the program, IEDA provides financial incentives to nonprofit and tax-exempt organizations; schools; area education agencies; local, county, state and federal governmental agencies; and tribal councils to support a wide variety of arts-related activities. Donor Name: Iowa Economic Development Authority (IEDA) State: Iowa County: All Counties Type of Grant: Grant Deadline: 06/03/2024 Size of the Grant: $1000 to $10,000 Grant Duration: 1 Year Details: The Art Project Grants for Organizations program is administered by the Iowa Arts Council, which exists within the Iowa Economic Development Authority (IEDA). To be eligible, projects must include artistic excellence and service to Iowans. Priority is given to projects that advance the goals of the Iowa Arts Council 2022-2026 Strategic Plan. Funding Information Applicants may request funding for eligible one-time project expenses that are incurred and expended during the eligible funding period. Minimum grant request: $2,500. Maximum grant request: $10,000. Funding Period The eligible funding period is July 1, 2024 – June 30, 2025. Eligible Projects  Eligible projects must involve an arts experience or arts learning opportunity and must demonstrate public value to Iowans through deliberate public engagement and access to project activities. Types of eligible projects include community events, performances, exhibitions, festivals or workshops dedicated to arts related activities. All project activities must have a clear beginning and end date during the eligible funding period. Applicants may apply for support of an annual event or series only if they can demonstrate how the event or series is unique to the eligible funding period and worthy of support. Project content must change from year to year. Applicants may apply for support of a public art project only if they can demonstrate broad-based community engagement and programming surrounding the project. Eligible Applicants  Eligible applicants must be one of the following types of entities. Entities who do not fall into one of these categories are not eligible to apply. Nonprofit organization incorporated and physically located in Iowa exempt from federal taxes pursuant to Internal Revenue Code § 501(c)(3). “Physically located in Iowa” means maintaining a current registered office and registered agent address in Iowa pursuant to Iowa Code 490.501 and maintaining a primary staff presence physically located and working in Iowa. Actively registered with the Iowa Secretary of State to do business in the State of Iowa. Entity located in a border community that meets the requirements set out in IEDA’s Border State Policy. A nonprofit organization that has not yet achieved federal tax-exempt status may apply through a fiscal agent. Educational institution, organization or K-12 school whose primary orientation, mission and purposes are education and/or awarding academic credits. Unit of local, county, state or federal recognized tribal government physically located in Iowa. Area Education Agencies. For more information, visit IEDA.

This program provides financial assistance to Iowa cities for the redevelopment or rehabilitation of underutilized buildings to promote economic growth and community revitalization.

Business Innovation & Support Grants are available for small businesses in Iowa with one to 10 employees. This program, funded by the American Rescue Plan Act (ARPA) and administered in partnership with the City and Chamber of Commerce, aims to provide financial support to small businesses that have faced challenges during the COVID-19 pandemic. Grant funding ranges from $5,500 to $15,500, and recipients will also receive up to five hours of mandatory business counseling from a pre-approved business coach, with $500 reserved from each cash award for this coaching fee.