ECD announces grant increase for Main Street communities
The Messenger 01.14.08
The Tennessee Department of Economic and Community Development has announced it is increasing the Tennessee Main Street Innovation Grant to $23,000 to support innovative programs and activities around the state’s 21 Main Street Program communities.
The announcement was made by Economic and Community Development Commissioner Matt Kisber during the Tennessee Main Street program’s quarterly meeting last week in Jackson.
The department also announced that $3,000 of the grant monies will be allocated for an additional training component. These monies can be used by Tennessee Main Street communities to participate in training sessions and conferences sponsored by the National Main Street Network, a program of the National Trust for Historic Preservation.
Participation in this network by communities is a requirement of the state program and necessary to earn national accreditation. The grants will be administered from March 2008 through June 2009.
“The Tennessee Main Street Program continues to be a key component of the state’s economic development efforts,” Kisber said. “Governor Bredesen has been a strong advocate for investment in historic downtowns and I believe this financial commitment to the revitalization and prosperity of downtown districts makes good business sense. It provides immense entrepreneurial opportunities and enhances the quality of life for a community. Tennessee has a tremendously successful Main Street Program and we look forward to seeing even more great improvements through these grants.”
The Main Street Innovation Grant requires a 20 percent match by the local Main Street Program. The component to the grant does not require matching funds.
“This grant allows certified Tennessee Main Street Communities to achieve creative and forwardthinking solutions to downtown revitalization,” said Kimberly Nyberg, director of the Tennessee Main Street Program. “It can serve as a catalyst to create innovation within our historic downtowns, while seeing tangible results and ultimately improving quality of life and economic growth.”
The Tennessee Main Street Program provides assistance to communities in revitalizing their downtown and central business districts, which are vital components of economic development and job growth.