Bussiness
Huxley unveils 5-year grant program for business expansion and development
Huxley is launching a grant program to support its new and expanding businesses.
The business improvement grants are supported by the Huxley City Council, which approved up to $120,000 in grant money to be distributed each of the next five years.
The funds can be used to support façade improvements, building or land acquisition, capital improvements, job creation or training, site development, accessibility improvement or utility upgrades.
The program is unique in terms of its flexibility and can be used for things inside and outside businesses’ buildings, Brenda Dryer, senior vice president of the Ames Regional Economic Alliance, said.
“This is a really robust program, incentive program with more flexibility than other programs that are out there,” Dryer said. “It’s not a focus on repairing things; it’s really about enhancing the business.”
The program is for businesses only and not for home-based businesses, since it is funded with property taxes, Dryer said.
How much can businesses apply for?
Businesses can receive up to $30,000 accompanied by a required dollar-for-dollar match from said business.
“There will be some folks that ask for all $30,000, but then there will be some that ask for smaller amounts,” Dryer said. “(The funding) could be any dynamic mix of size.”
The funding program will close each year once the $120,000 threshold is reached. It will re-open once the new fiscal year begins on July 1.
How to apply for a grant
Interested businesses must complete an application and submit the required supporting documents to the City of Huxley. All grant funds are subject to availability and at the sole discretion of the city.
Applications are available at Huxley City Hall or by email at brenda@amesalliance.com.
Dryer said the city could start seeing some of the applications come in front of the council as early as January 2025.
Dryer has been amazed by the interest in the grants in the short time since it was announced.
“Since we’ve launched, I have taken multiple calls a day (from interested businesses),” Dryer said. “It’s simulating a lot of discussion on starting and expanding businesses in Huxley.”
Celia Brocker is a government, crime, political and education reporter for the Ames Tribune. She can be reached at CBrocker@gannett.com.
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