Regional Partners Launch Small Business Recovery Grant Program

The Greater Des Moines Partnership, alongside regional partners, has launched a Small Business Recovery Grant program aimed at supporting small businesses impacted by the COVID-19 pandemic. This initiative provides financial assistance to sole proprietors and businesses with 0-30 employees, offering grants ranging from $1,000 to $5,000, with a potential maximum of $10,000 for qualifying businesses in Des Moines. The program prioritizes businesses that have yet to receive federal or state funds, ensuring that the support complements existing recovery efforts. With backing from various local governments and private entities, the program demonstrates a unified approach to fostering economic recovery in the region. Applications for the grants are available until May 20 and will be evaluated based on merit and need, rather than a first-come, first-served basis.

Local leaders, including Des Moines Mayor Frank Cownie, have emphasized the essential role of small businesses in maintaining the economic health of the community. The initiative not only aims to provide immediate financial relief but also seeks to position businesses for sustainable recovery in the long term. Interested parties can access applications online, and there are additional resources for broader community support during this challenging time.