Small Business Microloan
Funding Amount
Not stated
Deadline
Deadline not published
Grant Type
Foundation
Overview
Purpose: Designed to support small businesses who need financial assistance to start, expand, or sustain their business operations.
Key Features: The program provides accessible funding with favorable terms, helping to bridge financial gaps that many small businesses face.
Geographic Scope: Rapid City area
Contact Information:
- Elevate Rapid City
- P.O. Box 747
- Rapid City, SD 57709
- Phone: (605) 343-1744
- Hours: Monday-Thursday 8:00 AM - 5:00 PM, Friday 8:00 AM - 12:00 PM
How to Apply
Application Process
See RAPID CITY MICROLOAN APPLICATION for details.
What Elevate Rapid City actually gave
Source: IRS Form 990, 2024
- Grants in 2024
- 10
- Total given
- $828K
- Median grant
- $50K
- Range
- $10K–$357K
- By dollars: South Dakota 100%. Top recipient cities: Rapid City, SD; Spearfish, SD.
- 0% of grants with a stated purpose were for general or operating support.
Example grants
Elevate Foundation · Rapid City, SD
Transfer of pledge receivables to related entity
$357K
South Dakota Ellsworth Development Authority · Rapid City, SD
Community development
$201K
Phase Technologies · Rapid City, SD
Opportunity capture fund workforce grant
$52K
Rural America Initiatives · Rapid City, SD
Furniture and supplies for early head start classrooms
$50K
LIL Punkins Daycare · Rapid City, SD
Safety improvements to childcare facility
$50K
Focus Areas & Funding Uses
Fields of Work
- Small businesses
Categories
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