Farmington EDA Micro Grant Application

A matching grant program of the Farmington EDA intended to support and encourage business development and growth through a small incentive program that meets small businesses where they are at.

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1. Business name (Required.)

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2. Name and title of individual applying (Required.)

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3. Business Information (Required.)

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4. Are you currently or have you in the last 12 months, worked with Open to Business or a similar coaching organization?

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5. Are you located within the municipal boundaries of Farmington, MN? (Required.)

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6. Please Acknowledge the following: (Required.)

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7. Is your business registered with the secretary of state? (Required.)

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8. Is property up to date on all property taxes and in good standing with the City? (Required.)

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9. Year business was founded (Required.)

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10. Describe your business (Required.)

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11. Requested grant amount (Required.)

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12. Project description – narrative of how funds will be used and how it will help your business (Required.)

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13. Attachment: Business Plan (Required.)

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14. Attachment: Bid/Project Cost Estimates (Required.)

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15. Relevant photos depicting your project

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16. Financial Plan: attach 12 months of financial projections AND profit/loss balance sheet for the previous 12 months (Required.)

The EDA reserves the right to approve or reject projects on a case-by-case basis. Meeting program criteria does not guarantee the award of a Micro Grant to the project. Approval or denial of any project does not set a precedent for approval or denial of another project. The EDA is not liable for any additional issues or expenses that may occur as a result of the project and are wholly the responsibility of the applicant.

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17. Please acknowledge the following (Required.)

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