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<p style="font-weight:bold; display: inline; line-height:150%; font-size: 115%;">500 East Walnut Street
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Columbia, MO 65201</p></div>
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<p style="font-size: 150%; font-weight: bold;">FOR IMMEDIATE RELEASE</p>
<p style="font-size: 120%; margin-top: -5px; font-weight:bold;">July 17, 2025</p>
<p style="float:right; font-weight:bold; margin-bottom: 25px; font-size: 100%; text-align:right;">CONTACT: Shaunda Hamilton
<br />Entrepreneur Program Specialist
<br />Economic Development
<br />City of Columbia
<br />573.441.5544
<br />Shaunda.Hamilton@CoMo.gov</p>
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<div style="font-size: 110%; line-height:150%;"><h1 style="clear:both; margin-top: 75px; margin-bottom: 10px; font-weight: bold; font-size: 130%;">City of Columbia funds Small Business Grant</h1>
<div class="content"><span style="padding-left: 50px;">(COLUMBIA, MO)</span> - <em>Community input period ends July 23; Applications available Aug. 1</em><br /><br />The City of Columbia and Regional Economic Development, Inc. (REDI) have announced a grant opportunity for small businesses in Boone County.<br /><br />The Small Business Grant program is designed to support both start-ups and established businesses that are looking to expand, innovate or improve operational efficiency. The program prioritizes business owners residing in economically disadvantaged areas of Columbia and aims to strengthen local economic sustainability and community impact.<br /><br />Eight Columbia businesses will receive funding through the grant process. <br /><br />
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<li><strong>2</strong> grants of $10,000 each</li>
<li><strong>6</strong> grants of $5,000 each.</li>
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<br /><br />To be eligible to apply for this funding, businesses must:<br /><br />
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<li>Be registered with the State of Missouri and have a Federal Tax ID (EIN)</li>
<li>Be located in Boone County and licensed to do business in the City of Columbia</li>
<li>Have 10 or fewer employees</li>
<li>Have a business bank account or establish one during the application process</li>
<li>Have generated less than $250,000 in gross sales during the previous 12 months</li>
<li>Be willing to work with a REDI business coach if selected</li>
</ul>
<br /><br />Eligibility requirements and a complete timeline for the grant programs can be found at <a style="white-space:nowrap" href="https://beheard.como.gov/small-business-grant">BeHeard.CoMo.gov/small-business-grant</a>. Questions about eligibility requirements and comments on the program can also be submitted on this page.<br /><br />Full eligibility requirements are also attached. </div>
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<div class="attachments">This release has the following attachments:<br /><br /><a style="white-space:nowrap" href="https://www.como.gov/CMS/pressreleases/downloadfile.php?id=3378">Small Business Grant 2025 Eligibility and Process</a></div>
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<div style="margin-top: 15px; margin-bottom: 20px; text-align:center;"><p>City of Columbia Vision<br>
<em>Columbia is the best place for everyone to live, work, learn and play.</em></p>
<p>City of Columbia Mission<br>
<em>To serve the public equitably through democratic, transparent and efficient government.</em></p>
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<p style="text-align:center;">-30-</p>
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