The application deadline for the Main Street Economic Revitalization Program grants through the Greater Mankato Growth, Inc. (GMG) Foundation has been extended to January 31, 2023. This program is supported by a grant from the Minnesota Department of Employment & Economic Development (DEED), the state’s principal economic development agency.
“We are very happy with the response we have seen so far and are excited by the impact these funds will make in the future. In this second round, we are conducting outreach to increase the variety of project sizes. $150,000 has been set aside for applicants requesting grants of $1,500-$15,000,” said Ryan Vesey, Economic Development & Research Manager. “Our hope is that this set aside will promote applications for small repair projects and façade improvements.
Businesses seeking to develop or redevelop property in Blue Earth and Nicollet County can apply for grants to cover up to 30% of the total eligible project costs. Target corridors include the Mankato and North Mankato City Center, the US Hwy 60/169 corridor, and the US Hwy 14 corridor. Corridors are visible on this map: MN Main Street – Greater Mankato Commercial Corridors (arcgis.com)
The grant application as well as application instructions and frequently asked questions are available at www.GreaterMankato.com/MSERP.