Business Innovations Grant Program allows public funds to be available for the support of economic development initiatives and business development in the community. The program will provide a maximum of 50% total project funding for economic development to private entities for improvements to local business and their facilities.
Butler & Grundy County Rural Electric Cooperative
This low-interest loan program assists new or expanding private businesses, local governments, and non-profit community development organizations. Eligible uses include land purchases, buildings, fixed assets, m&e, residential housing projects, and working capital. The minimum loan is $5,000.
Butler - Grundy Development Alliance
This new revolving loan program was created to assist small and emerging businesses in the county. This program can be used for retail and service businesses, among others. The interest rate will be around 5% and there will be a maximum repayment term of 5 years. The maximum loan amount is $5,000.
Black Hawk IRP Program
This low-interest loan program assists business with the acquisition of real estate, purchase of machinery & equipment, building improvements and working capital. The IRP Program services all of Grundy County.
One Small Step Program
Downtown Grundy Center offers something very unique: historic architecture, a Main Street storefront shopping district, a human-scaled street grid, and unique locally-owned businesses. The Grundy Center Chamber-Main Street “One Small Step Program” is designed to complement these strengths by providing assistance and incentives for commercial property owners to enhance the design and appearance of their storefront façades.