PROGRAMS

  • Businesses seeking loans must reside in the communities who are members of NewAllen including Grabill, Harlan, Hoagland, Monroeville, New Haven, Leo-Cedarville, and Woodburn.

  • Business loans are at 3/4 of the prime interest rate for equipment, infrastructure, and other approved purchases.

  • Real estate purchases are not eligible.

  • The Community Development Corporation of Northeast Indiana provides administrative support on loan origination.

  • Loans are rarely approved over $50,000.

  • Loans can be a secondary loan to a financial institution's loan.

  • A letter of reference is needed from a New Allen Alliance community board member when applying.

Applications are accepted on a rolling basis. Please submit your application to the NewAllen Alliance Board Member that represents your community (See Board Members)

  • Façade grants are only approved before or during a project, not after completion.

  • A letter of reference is needed from a NewAllen Alliance community board member when applying.

  • Rebates are given at 1/3 of the cost, up to $1,000.

  • Rebates are given upon completion of the project and submission of final completion form.

  • Improvement can be made to any outs

  • Projects can include any exterior surface that is seen by the public including but not limited to siding, signage, roof, landscaping, windows, doors, gutters, etc.

  • Labor by business owner is not reimbursable.

Applications are accepted on a rolling basis. Please submit your application to the NewAllen Alliance Board Member that represents your community (See Board Members)

The business education grants provide opportunities for businesses in member communities to attend continuing education courses (in areas like marketing, leadership, Quickbooks, etc.) to improve their business models and operations.
 

  • Courses qualifying for this Grant are offered by IPFW, in conjunction with the Small Business Development Center and can be located at: www.ipfw.edu/dcs/ and Ivy Tech at: www.ivytech.edu

  • Applicant will complete form and give to a NewAllen Alliance Community Representative for review and processing prior to taking course.

  • Applicant or Employer will pay for the course. Reimbursement will be issued upon verification of successful course completion by NewAllen's receipt of a copy of the 'Certificate of Completion'. 

  • Maximum Grant amount per person, per year will be $500.00 

  • Grant requests will be approved on a first come, first served basis, on NewAllen-approved business courses.

Applications are accepted on a rolling basis. Please submit your application to the NewAllen Alliance Board Member that represents your community (See Board Members)

 
 
 

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