ENTERPRISE ZONE PROGRAM (EZP)

Description: Grants to financially disadvantaged communities to prepare and implement business development strategies within municipal Enterprise Zones.

Eligibility:

• Municipalities
• Redevelopment Authorities
• non-profit economic development organizations, or other non-profit organizations on a case-by-case basis

Eligible Uses:

• For business development surveys
• For business development strategy preparation
• Revolving Fund business loans

Where to Apply: MCIDC office or Single Application

Amounts:

• Planning grants Up to $50,000
• Basic grants Up to $50,000
• Competitive grants Up to $500,000

Terms/Conditions: Community must be financially disadvantaged