Targeted Small Business Sole Operator Relief Fund – This program is jointly administered by IEDA and the Iowa Center for Economic Success. The program will provide grants of between $5,000-$10,000 to sole proprietorship or single member LLC businesses that are also certified as Targeted Small Businesses (TSB) by the State of Iowa. Businesses who are not currently certified TSBs may submit a certification application and be considered for assistance through the program. Applications will be available beginning Wed., March 25 and will remain open until funds have been exhausted.
• Must be a Certified Targeted Small Business or have submitted a certification application by April 10
• Business must be able to demonstrate COVID-19 impact
• Business must be primary source of income for business owner applying
• Business must be in existence for 12 months prior to April 10