Why We Want You to Start Your Business in Augusta

 

 

About Augusta:

Augusta is a beautiful little river town off Hwy. 64 in Woodruff County. It is rich in history and culture. It has a population of 2,700 and is steadily growing. It has an excellent school system, Athletic program, City Services, Natural beauty, a steady flow of tourism, and friendly citizens.

 

How will my business profit in a town like Augusta?

As you read this, many programs are in the works for the town of Augusta. A first class riverfront park is being planned, a history walk has been created, two museums are in the works, and a grant program for individuals has been formed to help you get your business started. The downtown will soon be listed on the historic register of downtowns, making downtown businesses eligible for a 20% Tax Break.

 

 Augusta Tourism:

With all the programs and projects taking place, Augusta’s access to the White River, seasonal Hunting and fishing, your business will experience a steady stream of tourist year round, not to mention all local and county customers. Augusta will soon join the ranks of tourist towns such as Hot Springs, Old Washington State Park, The River Market, and Historic Eureka Springs.

 

 You and your business are important to us:

Not only are we willing to work with you any way we can, The City of Augusta values you and your business. There is great opportunity for you here and we want you to be a part of our city. So we are prepared to offer you:

  1. Tax Breaks
  2. Start up grant money
  3. Free Publicity on our website
  4. An update on all  new programs that may be of benefit
  5. Access to a small business Loan of $5,000 - $25,000
  6. The support of our City
  7. A great opportunity to get in on the ground floor of a boom in tourism.

 We’d like for you to take a look at Augusta and see what great opportunities await you and your business. Come and be a part of Augusta. We Want You.

 

50/50 Small Business Start Up Grant

For Individuals

 

 What is a 50/50 small business start up grant?

This is a grant that is set up for individuals who are wishing to start up their own business within the city limits of Augusta. The individual must match the share provided by the city.

Example: If you apply for a $500 grant, you must show proof that you have the other $500 to purchase equipment, pay rent, etc. by providing the city with copies of your receipts.

How hard is it to fill out a grant application?

Not hard at all, in fact, very easy. The grant application is made up of only three questions. The City of Augusta understands that some grants can be a headache to try to tackle, so we want this to be a very easy and pleasant experience for you.

Who is eligible for the grant?

Anyone who wishes to start a business within the city limits of Augusta.

Example: If you are a private citizen who lives in Augusta, you may apply for the grant. If you are someone who lives in another town and wants to open or build a business in Augusta, you may also apply for the grant.

 

What can I purchase with the grant money?

The grant money can go towards the purchase of equipment for your business or towards the first months rent of a building, provided the building is not your home.

 

What about my match?

You must provide proof to the city that you have put your matching share towards your business. This can be done by showing receipts that are dated after you have been approved for the grant. They can be in the form of equipment purchased or the first months rent on your building.

 

How soon will I know if I qualify for the grant?

Only a few grants are available each year. Once you complete the grant application, which may be picked up at Augusta City Hall or requested by mail, you are to return it and it will go before the Grant Committee. Within about a two week period, you will receive a letter in the mail informing you if you have qualified for the grant or not.

 

How much may I apply for?

There are currently four grants available each year. Two $500 matching grants and two $250 matching grants. Example: You may apply for either $500 or $250. Each individual may apply for only one grant. If you are turned down, you may apply again during the next grant cycle. For an application, more information or questions call: Kip Davis @ (870) 347-5656 or email: cityman05@hotmail.com or you may download the application Here: Grant application

Small Business Loans:

Also, you may request more information via the contact information above about a small business loan of $5,000 - $25,000

      Certain types of businesses are not eligible

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