NEW ULM — Easy Pores and skin Med Spa acquired a $10,000 Small Enterprise Incentive Grant from the New Ulm Financial Improvement Authority (EDA) Monday.
Easy Pores and skin Med Spa is situated at 1511 N. Broadway above InStyle Salon and is operated by Carrie Reinhart. The enterprise opened in December 2021 and operates medical spa remedies together with botox injections, microneedling, chemical peel and hydrafacials.
Reinhart stated the grant can be an amazing assist to her new enterprise. The funds can be used to cowl begin up prices like gear.
EDA Housing Coordinator Heather Bregel stated usually, the EDA units apart $50,000 annually for the Small Enterprise Incentive Grant, however in 2022 it was elevated to $60,000 as a result of demand. Bregel stated there have been already three candidates in January. Right now, the EDA has acquired six purposes for the grant in 2022.
Bregel inspired any new enterprise to use for the grant. She stated there may be at the moment no ready listing for this grant, however can be keen to create a ready listing if there was demand.
Although all grant funding in 2022 is earmarked, new candidates might a minimum of be eligible for funding in 2023.