The Match on Main program is offered by the Michigan Economic Development Corporation for small businesses who are undergoing major renovation projects in main street areas such as Downtown and Old Town Saginaw.
The DDA must collect applications from businesses in the district, score and select 1 or 2 to submit for funding from MEDC.
The DDA must collect applications from businesses in the district, score and select 1 or 2 to submit for funding from MEDC.
The following are a few of the stipulations of the grant:
- The business must be a place-based business located in a main street area.
- You can not begin the project before the grant is submitted. Any cost incurred before the application is submitted is not eligible for reimbursement.
- The project must be completed within six months of the grant agreement execution. This would be after the grant is awarded.
- MEDC is looking for applications that include interior work and exterior activation of an underutilized space.
- The maximum grant award is $25,000 and the business must match 10% of the total grant award.
For Example:
|
Total Grant Award |
Required Match |
Total amount of paid receipts to be submitted |
|
$25,000 |
$2,500 |
$27,500 |
Required for application:
- Completed Application
- Project Cost Estimates form a Third-Part that reflect total private investment. Private investment includes any non-match on main funds that will be leveraged to implement the project within 6-months of an executed grant agreement. All costs associated with the proposed project should be reflected in the required third-party cost estimates.
- A minimum of three photos that represent the scope of Match on Main request: this should include at least one exterior photo and at least one photo of the interior of the space.
If your Project Qualifies Apply Here!
Please contact Steve Hensley with questions.
Email: shensley@saginawfuture.com
