SHARING SUCCESS ECONOMIC DEVELOPMENT GRANT APPLICATION

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

APPLICANT INFORMATION

Organization Name *

Contact Name *

Amount Requested *

Street Address *

Address Line 2

City *

State *

Zip Code *

Phone Number *

Email Address *

PROGRAM INFORMATION

Program / Project Title *

Timeframe *

Location / Target Audience *

General Description *

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

Yes

No

When?

In what amount?

Briefly explain how this project supports local economic development and businesses. *

Please provide a schedule of completion for the project (attach additional sheets if necessary) If changes to the project require a reallocation of funds then SMPA MUST be notified in advance of this change and a grant change of use/reallocation application should be used. *

Submit additional files in .pdf, .doc or .docx format.