Fitness Center Relief Grant
posted in Economic Development on September 1, 2021
The Iowa Economic Development Authority (IEDA) is administering an allocation of up to $30 million to be distributed to eligible Iowa Fitness Centers*. These funds will be available for for-profit, non-profit, not-for-profit and community/county owned fitness centers. The program is funded by the federal Coronavirus Aid, Relief and Economic Security (CARES) Act.
IEDA has opened the link for applications and will be accepting applications thru Friday, September 10th at 5 PM. Additional information and the online application can be found at the following link: iowabusinessrecovery.com
*For purposes of this program:
- Fitness center is defined as a facility geared toward providing patrons with physical exercise for health and wellness purposes. All facilities must be open to the public for use via daily pass or membership.
- Included in the definition of fitness center are practice specific facilities including but not limited to yoga studios, cycling centers and cross-fit facilities
- Not included in the definition are classes/instruction given at a leased or borrowed space within a fitness center (ex., personal trainer utilizing fitness center above) or activity out of residence (ex., online courses).