Call: 913.795.2274
Linn County organization receives $158,033 in funding to help foster new business startup and expansion of existing businesses.
Linn County County E-Community has been awarded $158,033 through the NetWork Kansas E-Community Loan Fund. This money is not a grant or tax dollars, rather it is donations whereby the donors receive a tax credit (Entrepreneurship Tax Credit).
This is the 1st year that Linn County have received this funding. It provides a locally operated loan fund for economic and community development purposes within Linn County and its communities. Linn County E-Community is eligible to add to the first award in 2010 to provide a total loan /grant fund of approximately $300,000. E-Community funds are to be used only as matching funds with other programs. Recipients of these funds can include existing businesses, expansions, or start ups.
Partners include the Southeast Kansas Prosperity Foundation and SEK Regional Revolving Loan Fund.
The maximum grant or loan through E-Community is $40,000 with lesser amount requests being considered. Funds must be matched through another partner organization.
For more information on this economic development funding program or other sources of financial assistance for new business or expanding business ventures, please contact Dennis Arnold, Economic Development Director for Linn County. Dennis is available for consultation at the Mound City Courthouse Annex . For an appointment please call 913-795-2274 or email: Darnold@linncountyks.com