ELK RAPIDS DDA CONGRATULATES BOS WINE ON $25,000 MATCH ON MAIN GRANT AWARD
The Elk Rapids Downtown Development Authority (DDA) is pleased to announce that Bos Wine has been selected to receive a $25,000 grant through the Michigan Economic Development Corporation’s (MEDC) Match on Main Program. This investment underscores Bos Wine’s commitment to elevating the downtown experience and exemplifies the spirit of innovation and community that drives Elk Rapids forward.
Grant Award Highlights
Recipient: Bos Wine (Le Bos LLC)
Award Amount: $25,000
Program: Match on Main, administered by the Michigan Strategic Fund and MEDC
Purpose: Support working capital needs, specifically inventory expansion to meet growing demand
Bos Wine has requested a $25,000 Match on Main working capital grant to support a targeted expansion of its operations, specifically increasing production by 250 cases and driving an estimated 15 percent growth in annual sales by covering key inventory and operational expenses, and will implement the project over a 15-month timeline beginning April 15, 2025, and concluding July 17, 2026.
“Bos Wine’s vision for scaling production exemplifies the innovation and community focus we strive to support at the DDA. This grant will not only strengthen their business but will also drive more foot traffic and economic vitality to our Ames Street district,” said Janet Rentsch, Board Member, Elk Rapids DDA.
About the Match on Main Program
Launched by the Michigan Strategic Fund, the Match on Main grant program empowers small businesses in downtown and commercial districts to undertake transformative projects. Eligible costs may be incurred from the date of application submission through one year from the date of execution of the grant agreement. Projects must be completed within 12 months of that execution date, with extensions considered—though not guaranteed—by the Michigan Strategic Fund Board.
About Elk Rapids DDA
Since its establishment in 1986, the Elk Rapids DDA has championed downtown revitalization through strategic investments, partnership building, and community-focused programming. Elk Rapids is a Michigan Main Street and RRC community.
Media Contact:
John Mach, Executive Director
Elk Rapids Downtown Development Authority
Phone: (231) 264-9274
Email: DDAExecutiveDirector@elkrapids.org