WCIDA INDUSTRY ENHANCEMENT GRANT OPPORTUNITY
The Washington County Industrial Development Authority (WCIDA) is announcing another open application cycle for the Industry Enhancement Grant Program, awarding up to $10,000 in a 50/50 matching grant, now through January 1, 2025. Washington County manufacturers, service businesses or producers desiring to purchase equipment for the production of goods, commodities, a component which would enhance current production or desiring to provide a new service from a production component may be eligible to apply. The WCIDA funds this program through the Southeast Economic Development Fund and applications will be processed, approved and administered by the SEED$ GRANT committee. Multiple businesses may be selected each cycle depending on funding availability and the quality of submissions.
Any business wishing to apply must review and agree to all program guidelines and submit an application. Eligible businesses are those seeking funding for manufacturing or production purposes who can demonstrate how an equipment or service purchase may lead to business growth, job creation or economic impact. Nonprofits and governmental entities are not eligible. Businesses can apply once per location per calendar year. Ineligible expenses include: operating costs, inventory, building repairs, vehicles, marketing and any items not used for production.
The current round for this grant opportunity is according to this cycle:
Application submissions open – now through January 1, 2025
Submissions closed for review – January 1, 2025 through January 17, 2025
Award Deadline – January 31, 2025
Grant awards will be announced in the last week of January or first week of February.
The purpose of this grant is to improve the economic prosperity of Washington County by assisting industries in production components to produce or enhance a product or service. The end goal is sustaining and growing individual businesses in Washington County.
Please review the 2023-2024 guidelines for eligibility here:
2023 WCIDA INDUSTRY ENHANCEMENT GRANT GUIDELINES-APP – R.4
Please find the application here:
2023 WCIDA INDUSTRY ENHANCEMENT GRANT APPLICATION
Applications and program guidelines are also available for pick up at the Washington County Industrial Development Authority office, 501 E. High Street, Potosi.
