Farmington Micro Grant

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.
1.Business name(Required.)
2.Name and title of individual applying(Required.)
3.Business Information(Required.)
4.Are you currently or have you in the last 12 months, worked with Open to Business or a similar coaching organization?
5.Are you located within the municipal boundaries of Farmington, MN?(Required.)
6.Please Acknowledge the following:(Required.)
7.Is your business registered with the secretary of state?(Required.)
8.Is property up to date on all property taxes and in good standing with the City?(Required.)
9.Year business was founded(Required.)
10.Describe your business(Required.)
11.Requested grant amount(Required.)
12.Project description – narrative of how funds will be used and how it will help your business(Required.)
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.)
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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.
17.Please acknowledge the following(Required.)