Assistance

Resources for your business success.

In an effort to enhance existing downtown spaces, Downtown Partners has created a Downtown Sioux City Storefront Grant program. Eligible projects must be located within the boundaries of the Downtown Partners SSMID and funds are strictly for use towards storefront improvements and/or start-up business space needs.

The goal is to provide an incentive to help attract new and retain existing downtown commercial office/retail tenants while enhancing the overall value and appeal of the downtown business district. The program offers a matching grant to owners or tenants (with the owner’s permission) of commercial property in Downtown Sioux City.

Benefits & Regulations

The grant aids in the form of matching funds that are reimbursed to selected applicants upon completion of an approved impact project. Grant funding is available equaling up to 50% of owner or tenant investment, capped at $2,500 per storefront. 

Assistance is available through Downtown Partners to owners within the district. For more information please contact Ragen Cote, Executive Director of Downtown Partners Sioux City, at ragencote@downtownsiouxcity.com or call us at 712-252-0014

OTHER Organizations Available for Assistance

Siouxland Economic Development Corporation

An SBA Certified Development Corporation for the purpose of helping small business to package financial assistance in business expansion and creation. SEDC operates a revolving loan fund that provides gap financing at rates that are 2% below bank rates on a fixed term up to 10 years. Loans are available with 10% down for a maximum of $100,000.
www.siouxlandedc.com

Small Business Development Center

The Iowa Small Business Development Center (SBDC) conducts research, counsels, and trains business people in management, financing, and operating small businesses, and provides comprehensive information services and access to experts in a variety of fields. The SBDC is the only nationally accredited entrepreneurial development program in Iowa and receives guidance and funding from the U.S. Small Business Administration (SBA). Contact Todd Rausch, Regional Director at 712/274-6454 or visit www.corporatecollege.biz.

Siouxland Initiative

The Siouxland Initiative is a partnership of business and government designed for the purpose of marketing, job creation, job retention, and business expansion. A portion of the Siouxland Initiative funds are set aside for direct assistance to business in the form of loans for job creation and retention.www.siouxlandchamber.com/economic-development-contacts.html

City of Sioux City

The City of Sioux City offers a full range of assistance to new business and new development. Contact Marty Dougherty, Economic Development Director at 712/279-6345 or visit their web site at www.locatesiouxcity.com.