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Grants Awarded

THE KANSAS DEPARTMENT OF COMMERCE WILL AWARD ALMOST $86,000 IN INCENTIVES WITHOUT WALLS FUNDING FOR BUSINESS AND COMMUNITY IMPROVEMENT PROJECTS INCLUDING ONE IN PHILLIPSBURG.
FUNDING WILL BE MATCHED BY A COMBINED $732 THOUSAND DOLLARS IN PRIVATE FUNDS. PROJECTS INCLUDE THREE NEW BUSINESSES/STARTUPS, ONE BUSINESS EXPANSION PROJECT AND THREE BUILDING RENOVATION/REPAIR PROJECTS THAT WILL CREATE APPROXIMATELY 21 NEW JOBS. THE FUNDS ARE DISTRIBUTED AS ZERO PERCENT LOANS. IWW FUNDS PROVIDE DIRECT FINANCIAL SUPPORT TO DOWNTOWN BUSINESSES IN DESIGNATED KANSAS MAIN STREET PROGRAM CITIES TO STIMULATE PRIVATE INVESTMENT. KANSAS MAIN STREET IS A SELF-HELP TECHNICAL ASSISTANCE PROGRAM THAT TARGETS PRESERVATION AND REVITALIZATION OF DOWNTOWN DISTRICTS. THERE ARE 25 DESIGNATED KANSAS MAIN STREET CITIES. FUNDING FOR THE IWW PROGRAM IS PROVIDED BY THE ECONOMIC DEVELOPMENT INITIATIVES FUND, WHICH IS DERIVED FROM KANSAS LOTTERY PROCEEDS. THIRD STREET BAKERY IN PHILLIPSBURG WILL RECEIVE $5,114.13 FOR ROOF REPAIRS AND GUTTERING ON THE BUILDING LOCATED AT 729 THIRD STREET IN DOWNTOWN PHILLIPSBURG.