Foundation / Corporation
Grants of up to $50,000 to Cloud County, Kansas for-profit small businesses for the construction of a new building or the repair of an existing building. In addition to financial support for facilities expansion, recipients may take part in a business mentorship program. Criteria judges look at include impact on the community, jobs created, new product lines, and financial soundness.
Some of the grant objectives may include:
1) Repair of an Existing Structure. This includes repair or remodeling of the interior or exterior. The funds can be used for permanent fixtures such as HVAC, plumbing fixtures, flooring, lighting, etc. Funds can also be used for site clearance.
2) New Building Construction. The funds can be used for permanent fixtures such as HVAC, plumbing fixtures, flooring, lighting, etc. Funds can also be used for site clearance.
The Get in the Cloud grant fund provides competitive grants and mentoring support for new and existing businesses. Entrepreneurs who successfully complete the educational component and who own an existing business located in Cloud County or are developing a business concept they intend to locate in Cloud County will be eligible to apply for a one-time grant to fund eligible expenses as further described below. Existing businesses are eligible if they can show increased sales/customer base from an addition to their current facility.
CloudCorp extends further support by providing participants with a network of experienced, successful business mentors they may rely on after the courses end and as they continue building their business.
The LRS Small Business Series includes 3 classes: Meeting the 3 Ms – Learning the Basics of Money, Marketing & Management, The Right Start – Using a Business Plan and Cash Flow Made Easy. New businesses must verify the completion of these three courses. Existing businesses do not have to take these courses. You can sign up for these courses or view a course schedule by visiting www.cloudcorp.net.
Establishing a relationship with a business mentor increases the likelihood of an entrepreneur to succeed. New businesses wishing to be considered for a Get in the Cloud Grant must identify a mentor that will agree to help in the following ways:
-Look over your business plan and make suggestions.
-Do a monthly financial review for the first year after doors open.
-Do a quarterly financial review for the remaining two years after doors open.
-Be available to answer questions.
A business mentor does not necessarily have to be someone who resides in the county, but it is helpful if they are close enough to meet one on one. It is also advisable to have a mentor that is versed in the type of business you are starting. The CloudCorp executive director will work with applicants to find a mentor who can appropriately assist in their venture.
GrantWatch ID#: 181122
The Get In The Cloud Grant awards 50% of startup costs or $50,000, whichever is less.
Awarded funds must be spent within one calendar year of the date on your award letter.
To be eligible, the business must be physically located in Cloud County and must be a for-profit entity.
All projects must adhere to applicable zoning regulations and building codes. Leasehold improvements can only be made with written permission from the property owner. Other funding sources can be used for the above items. Applicants must be current on all property taxes in Cloud County.
Businesses with 50 employees or more are NOT eligible to apply for these funds. These projects are encouraged to apply directly to CloudCorp for funding consideration.
Grant funds cannot be used for the following:
-Purchase of existing structure
-Housing or residential rental properties. Mixed us properties such as a retail building with an attached apartment are allowable.
2017 Application Deadlines:
-May 1, 2017, midnight for awards June 1, 2017.
-July 1, 2017, midnight for awards August 1, 2017.
-September 1, 2017, midnight for awards October 1, 2017.
Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.
Ashley Hutchinson, Executive Director
606 Washington St
Concordia, KS 66901
USA: Kansas: Cloud County