Spencer, IA (KICD) — Spencer’s Mainstreet Program has announced a new, competitive grant program aimed at enhancing the business district. President Eric Meeter tells KICD News the Main Street Micros Program is the first of its kind for downtown.

Meeter says applications for round one are being accepted now.

The initial 20 thousand dollars will come from the existing economic development fund. Later grants will be funded by a yearly fundraiser.

Applications are due by April 1st with the first awards scheduled for the annual Spencer Main Street business meeting April 24th.