News Flash

City Press Releases

Posted on: June 29, 2021

Valpo Extends Deadline for VIB Grant Applications

Valpo Invests in Business Grant

Valparaiso launched the $300,000 grant program to provide qualifying small businesses with working capital, continuing operations and remote work. The Valpo Invests in Business (VIB) grant was designed to help businesses to maintain operations and retain their workforce, with a priority for low- to moderate-income jobs. The City worked to create this program by securing a grant through the Indiana Office of Community and Rural Affairs (OCRA) with additional support from the Valparaiso Redevelopment Commission. Valparaiso was the only Northwest Indiana community to invest in this program and receive funding.

 

“We’re listening to our small businesses and created this grant to further assist in their success,” said Valparaiso Mayor Matt Murphy. “We also heard from businesses that just needed a bit more time to apply and we wanted to make sure we allowed as many as possible to take advantage of this opportunity.”  The maximum grant per business is $10,000.  Funds may be used for payroll costs, inventory, rent or mortgage, property taxes or insurance, utilities, equipment lease or to support remote work.

 

Valpo to Host Info Session 

To further assist businesses in applying for the VIB grant and to answer any questions, the City of Valparaiso is hosting a brief information session at 9:30 am on Thursday, July 8, 2021, at the Indiana Beverage Activity Center, 70 Lafayette St. To register, email Economic Development Director Brandon Dickinson at BDickinson@valpo.us

 

Applications for the VIB grant will be accepted through July 16, 2021. The grant application is available on the Economic Development page at Valpo.us or businesses may search “VIB grant” at Valpo.us. 

 

To qualify, businesses must be:

  1. A for-profit business with employees (who receive W-2’s) or a microenterprise with less than 5 employees (who receive 1099’s) in which 1 or more employee is also an owner. 
  2. Be physically located within the corporate limits of the City of Valparaiso, Indiana. Questions regarding whether or not your business is located within the corporate limits of the City of Valparaiso may be directed to Brandon Dickinson: Valparaiso Redevelopment Commission Executive Director at bdickinson@valpo.us or (219) 462-1161.
  3. Be registered to do business in the State of Indiana.
  4. Be willing to certify qualified employees are within HUD LMI guidelines.
  5. Agree to all terms, conditions, responsibilities and reporting requirements set forth by OCRA and execute a Grant Agreement document.

 

A list of frequently asked questions detailing the process and eligibility is available on the Economic Development page at Valpo.us.  The City of Valparaiso anticipates that these funds will be in high demand and has created a grant review committee to evaluate applications for eligibility.  The committee will be required to submit its recommendations to OCRA for final funding approval.  

Additional Info...
Facebook Twitter Email

Other News in City Press Releases

Neighborhood Workshop 2022

Valpo to Host Neighborhood Workshop

Posted on: June 14, 2022
Birds of Paradise Event

Birds of Paradise Takes Flight

Posted on: May 18, 2022

Valpo Supports Respite House Project

Posted on: April 20, 2022
Neighborhood Improvement Grants

Valpo Awards Neighborhood Grants

Posted on: March 14, 2022
Don Clark

Don Clark Named to Valpo Park Board

Posted on: January 11, 2022
Katrina Spence-Smock

Katrina Spence-Smock Named to AHRC

Posted on: January 7, 2022
Valparaiso placeholder

Valpo Updates Warming Centers

Posted on: January 5, 2022
Soofa Sign

Valpo Transit Introduced Digital Signs

Posted on: January 3, 2022
02-2021 Lincolnway (9)

Valpo Prepares for Winter

Posted on: December 8, 2021
Journeyman

Journeyman Breaks Ground in Valpo

Posted on: December 3, 2021
Good Neighbor 2021-Susie Hord

Susie Hord Named Good Neighbor

Posted on: November 29, 2021

Roadway Projects Wrapping for Season

Posted on: November 24, 2021
10-2020 Vale Park Pathway (2)

Leaf Pickup Continues

Posted on: November 23, 2021
Neighborhood Grants 2022

Valpo Offers Neighborhood Grants for 2022

Posted on: November 15, 2021

Shop Valpo Campaign

Posted on: November 15, 2021
Multi Mile Project

Valpo Roadway Projects Moving Forward

Posted on: October 19, 2021
Valparaiso placeholder

Fire Department Statue Dedication

Posted on: October 19, 2021
10-2020 Vale Park Pathway (2)

Leaf Pickup

Posted on: October 15, 2021
Graphic Button Template - City Services (Hover)

Valpo City Services Recognized

Posted on: October 13, 2021
Valparaiso placeholder

Neighborhood Workshop 2021

Posted on: October 1, 2021
Multi Mile Project

Valpo Begins Multi-Mile Road Project

Posted on: September 20, 2021
Valparaiso placeholder

Valparaiso Passes Ordinance for Golf Carts

Posted on: September 3, 2021

Valpo Swears In Mayor's Youth Council

Posted on: August 24, 2021