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Grant applications available for Yoakum businesses, nonprofits

By Sonny Long
Sept. 20, 2013 at 4:20 a.m.
Updated Sept. 21, 2013 at 4:21 a.m.


HOW TO APPLY

Applications for the Yoakum Economic Development Corp. grants are available at YoakumEDC.com. Click on the incentives tab. The deadline is Oct. 4. For more information, call Patrick Kennedy at 361-293-0476.

YOAKUM ECONOMIC DEVELOPMENT CORPORATION ENHANCEMENT PROGRAM GRANTS

FY/Businesses Assisted/Nonprofits Assisted/Amount Provided

2009-10/10/3/$66,455.54

2010-11/6/3/$42,324.74

2011-12/5/3/$39,916.90

2012-13/12/4/$96,526.45*

* - 2012-13 allocations pending completion of projects.

YOAKUM - The Yoakum Economic Development Corp. is offering another round of grants to assist local businesses and nonprofit groups.

The programs include grants for community enhancement, business retail enhancement and business district preservation.

"This is our fifth year offering these programs," said Patrick Kennedy, Yoakum Economic/Community Development coordinator, noting that more than 30 businesses and about a dozen nonprofit groups have been assisted by the grant programs during the first four years.

The Business Retail Enhancement grant is for businesses that collect and report sales tax in Yoakum.

Applications are scored, in part, on how many jobs are created and retained due to the proposed project.

A completed business plan from the University of Houston-Victoria Small Business Development Center is also required.

Up to $10,000 could be awarded in this grant program.

The Business District Preservation grant is awarded to encourage preservation, protection and enhancement of the Yoakum Business District bounded by Hopkins, Front, West and McCarty streets.

Eligible work could include signs, painting, brick work, landscaping, store front upgrade, second story conversion and interior repair, among others.

Grants may be awarded up to $7,500, and applications are also scored on how many jobs are created or retained because of the proposed project.

The Community Services grant is for nonprofit organizations in the Yoakum trade area (within 10 miles of Yoakum).

Grants of up to $5,000 can be awarded to qualifying nonprofit organizations.

All the grant programs are cost reimbursement. Work must be completed before awardees receive grant funds.

Employees of the city of Yoakum and their families are not eligible for any of the grant programs.

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