Deadline:  November 25, 2023
We at San Miguel Power Association Inc., in conjunction with CoBank, our national cooperative partner, are again seeking proposals for funding opportunities that stimulate and enhance our local economies.

Member organizations and businesses may apply for up to our fund maximum of $20,000 (rounded to the nearest $500) depending on the costs of their initiatives. Initiatives may vary in size and scope but should aim to benefit the entire business community of a region, not just individual businesses. The entity making the grant proposal does not have to be a 501 c3 nonprofit. Once funds are distributed they must be used for the original application proposal.
The following definition of economic development will be used by SMPA Board of directors for evaluation of all proposals:
Economic development is the development of economic wealth of regions or communities for the well-being of their inhabitants. From a policy perspective, economic development can be defined as efforts that seek to improve the economic well-being and quality of life for a community by creating and/or retaining jobs and supporting or growing incomes and the tax base.
Qualifying projects should:
  • Stimulate job creation in our area
  • Promote economic growth
  • Create/improve local commerce
  • Maintain/strengthen existing businesses
  • Enhance regional prosperity
  • Offer sustainable progress; set the stage for economic development in the long run
  • Build collaboration
  • Show off our communities attributes
  • Demonstrate ability to leverage funds



Have you received funding from SMPA for this event / program before? *

Powered byFormsite