The Faribault Main Street Program is a community-based effort to revitalize Faribault’s Central Business District. It is supported by the Faribault Area Chamber of Commerce and by the City of Faribault Economic Development Authority; however, it is open to members and non-members alike. This program is based on the National Main Street Approach that has been used in over 1,700 communities during the past 25 years.
Faribault Main Street Mission Statement
The Faribault Main Street Program is organized to unify the Central Business District, with emphasis on Central Avenue, to create an attractive destination in which businesses prosper, the community benefits and residents and visitors enjoy a quality downtown experience.
Faribault Main Street is comprised of a board of directors, and four committees, organization, design, promotion, and economic restructuring. These committees welcome participants from all walks of life, business and building owners, residents and anyone interested in the efforts to maintain and promote our Main Street.
The responsibility of the Organization Committee is to manage the financial and logistical aspects of a nonprofit organization by:
- growing sustainable funding resources
- recruiting volunteers
- promoting the program.
Dreaming of starting your own business? Faribault Main Street has Micro Grants available!
The Faribault Area Chamber of Commerce, in partnership with the Faribault Economic Development Authority, is excited to offer the Downtown Micro Grant program. This program is open to both proposed businesses and existing businesses in the Historic District. Awards will be based on merit as determined by a panel of an independent review panel with awards ranging from $500 to $5000.
A notable component of the application process is the business counseling/coaching connection each applicant receives to the Small Business Development Center and SCORE free of charge. After the applicants complete their start up or improvement plans with the counseling services, they are reviewed by the review panel for further coaching. Awards are then given based on the merit of the final plans.
Minnesota Main Streets by Rethos is a 501(c)(3) nonprofit organization committed to helping cities achieve economic vitality by utilizing built assets, supporting local community engagement activities, and cultivating passion for vibrant and prosperous downtowns. Minnesota Main Streets is a Main Street America™ Coordinating Program and provides local Main Street communities with the training, tools, information and networking they need to reinvigorate their downtown districts. More at https://www.rethos.org.