Communities in Southwest Indiana were recently awarded competitive grant funding through the Indiana Office of Community and Rural Affairs. The funding will help local small businesses, with 25 employees or less, continue to operate during the COVID-19 pandemic. This grant funding offers grants to businesses in high risk categories including: food and beverage, personal care, professional services, and retail sectors. Other businesses may apply if they believe they meet the criteria of employing 51% or more low-to-moderate income (LMI) persons. Grant funds can be used for a combination of working capital, continued operation expenses, and/or to support remote work expenses that are immediate needs. Grant funds will need to be expended within a three month period. Businesses will be awarded a grant up to $10,000 with no local match. The current list of awarded communities within the region and an explanation of each grant program are as follows:
- The City of Oakland City is awarded $100,000. Click here for program outline.
- The Town of Poseyville is awarded $150,000. Click here for program outline.
- The City of Princeton is awarded $250,000. Click here for program outline.
- The Town of Newburgh is awarded $200,000. Click here for program outline.
- Warrick County is awarded $250,000 (Businesses located within Newburgh Corporate boundaries should apply for Newburgh Grant, please consult the Warrick GIS to view corporate limits if you are unsure if you should apply for the Warrick County or Newburgh Grant ). Click here for program outline.
This funding is administered by each community and the Community Development Team at the Economic Development Coalition of Southwest Indiana. Businesses interested are encouraged to review all program guidelines. The grant is broken into a two step process. The first step is to complete the appropriate online application based on the physical location of the business.
Grant applications will open on Friday, May 15th at 12:00 p.m. CDT. and close on Friday, May 22th at 4:00 p.m. CDT.
Only online applications will be accepted.
A preview of the online application for Oakland City, Poseyville, Princeton and Newburgh can be found here.
Provided the initial application passes the Review Committee, applicants will be contacted via email for additional information within 7 working days following application deadline on May 22th. Please make sure to include the correct email address that serves as the business contact.
For questions, please contact by location: