Newbo City Market

Newbo City Market is a non-profit organization located in Cedar Rapids, Iowa, registered in SAM.gov since 2012, with a corporate tax-exempt structure focused on supporting local entrepreneurship and community development. The organization appears to be a community-driven market and innovation space that provides support for agricultural entrepreneurs, artists, and small business owners in the New Bohemia neighborhood. Its mission centers on creating economic opportunities through technical assistance, incubation programs, and strategic neighborhood revitalization efforts.

Through federal grant awards, Newbo City Market has received funding from multiple federal agencies to support diverse community development initiatives. The Economic Development Administration (EDA) awarded a significant project grant in September 2024 to expand and renovate the market, with a goal of increasing space for agricultural entrepreneurs by 30 percent and potentially creating 40-75 jobs through technical assistance and incubation programs. The National Endowment for the Arts has also supported the organization with two project grants: one in January 2023 to develop an arts business incubator and residency program, and another in June 2024 to create an immersive art installation in the historic New Bohemia neighborhood. These grants demonstrate Newbo City Market's commitment to fostering entrepreneurship, supporting local arts, and driving economic growth in persistent, high-poverty census tracts through targeted infrastructure improvements and creative programming.