Small Business Grants

The City of Columbia and Regional Economic Development, Inc. (REDI) are excited to announce a grant opportunity for local businesses.

The Small Business Grant program is designed to support both start-ups and established businesses that are looking to expand, innovate, or improve operational efficiency. The program prioritizes business owners residing in economically disadvantaged areas of Columbia and aims to strengthen local economic sustainability and community impact.

A total of 8 grants will be awarded:

2 grants of $10,000 each
6 grants of $5,000 each

To be eligible to apply for this funding, businesses must:

• Be registered with the State of Missouri and have a Federal Tax ID (EIN)
• Be located in Boone County and licensed to do business in the City of Columbia
• Have 10 or fewer employees
• Have a business bank account or establish one during the application process
• Have generated less than $250,000 in gross sales during the previous 12 months
• Be willing to work with a REDI business coach if selected.

*Please note, recipients of the 2023 and 2024 Minority Business Enterprise (MBE) Grant funds are not eligible for this Small Business Grant program.

Eligibility Verification Phase:
August 1-12

Written Application Submission:
August 18 - September 3
Applicant Interviews:
September 15 - 17
Grant Award Notification: 
September 19 (Winner Notification)
September 25 (Funds Distribution)

Grant Information Sessions
We strongly recommend attending the upcoming information session to learn more about the Small Business Grant Opportunity. 

In-Person at REDI on Tuesday, July 29 from 2:30 PM – 4:30 PM. REDI offices are located at 500 E. Walnut, Columbia, MO. There is also a virtual session on Wednesday, July 30 from 5:30 PM – 7:00 PM.

RSVP for information session.