REDI Grant

The Rural Economic Development Initiative Grant (REDI Grant) is designed to help rural communities comprehensively diversify their local economy and create a more resilient Colorado. The City of Gunnison has been awarded this grant to administer to local businesses.

The City of Gunnison, in partnership with the ICELab, is accepting grant proposals to support existing businesses with viable plans to expand operations and create local jobs. A total of $101,100 in funding is available. 

This grant is only open to businesses within the City of Gunnison.

Eligibility Requirements

• Business must be located within the city limits of Gunnison, Colorado.
• Eligible uses of grant funds include acquisition or renovation of a building or property, physical space improvements, and equipment purchase to expand operations.
• Preference will be given to projects that result in job creation, especially for primary jobs.
• 20% cash match by the business is required. Region 10 Business Loan Fund is a resource for matching funds.
• Funds cannot be used for payroll expenses, rent or lease payments, or to buy inventory.
• Projects must be completed by April 30, 2026.
• Click here for full requirements.
• Click here for full requirements en español.

Timeline

Applications open: October 9, 2024

Applications close: December 18, 2024

Winners will be announced January 17, 2025

Questions?

If you have any questions, please reach out to ICELab program manager, Ben at [email protected].

Apply Now!

Apply for the REDI grant below:

• English application
• Spanish application