DIP New Business Recruitment

DIP New Business Recruitment promotes the recruitment of new businesses or relocation of existing businesses into the historic Salina downtown Lee District.

Funds

This is a revolving loan fund. The New Business Recruitment will accept applications for a minimum of $1,000 to a maximum of $5,000. SDI has a maximum of $20,000 to award on a competitive basis in 2012. Awarded funds will NOT be released until the business has opened for business in the Lee District.

Eligibility

All applicants must be a participant in Project Open and must plan to locate in the Lee District within twelve months of application. (See Project Open below)

Application Period

Applications are accepted quarterly (if funds are available).

There is NO separate application form for this loan fund. Applicants must indicate on their Project Open Business Development Fund Application that they intend to locate in the Lee District and wish to apply for these additional loan funds. Just two simple check marks on the Project OPEN Funding Guidelines and Project OPEN Grant ApplicationProject OPEN Funding Application 

Grant Application Deadline               Grant Application Review Date
                   February 1st                                  February 16th
                   May 1rd                                              May 17th
                   August 1st                                      August 16th
                   November 1st                                 November 15th

See the DIP New Business Guidelines 2012 for complete details. 

 

 

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