Agenda - 09-02-1997 - 9b - Laserfiche WebLink

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CAPITAL OPPORTUNITIES FOR SMALL BUSINESSES 16 OTHER FEDERAL GOVERNMENT PROGRAMS PROGRAM NAME I APPLICANT TYPE DESCRIPTION F DISBURSEMENTRANGE RESTRICTIONS National Institute of Standards and Tedaalep Omit.of Cwnece)000/Z87-3863 _... ; R&D grants are made an the basis of either Single company can receive mil up to ai million Advaead Tedmbgr� Large and small technology Proposals nuwv be submitted on time and pre-announced technology topics or via an over under years.f20 million available Program - oriented companies. projocs must be of high teclehical risk- annual general competition. annually for the general ctenpoftion. Econoti nie Development Administration(Dept of Conenared 803/765.5676 L�noanieAdpebnenf Set up in conjunction with Provides funds to establish revolving loan EDA funds to establish RLFs range from Potential RLFs must be located in areas non-profit organlzabOn that 5100.000 to$1 S million.Individual RLPs set (Tiede 10 Rewlviwg tarn. hrnds n i iwessed areas for fixed assets and caTSaiwscmg wry high unanployme t. represents area.Funds then own policy.General EDA guideline is$S.000 Fuels(RLFs) work"capital loam. per capita income,or chronic orients. loaned to small companies loaned per job created. Rural Devdopeed Adminstration(Dept.of A ricubt re)919/873-2000 RDA guarantees up to 80% an less than PnOnty given to applicants in towns with on b Bntsunw/Inhdnsstrial Low. Rural frets n any induwy $5 million and 70%on low greater than$5 maximum$10 million guarantee. less than 25,(00 PeoW�1 O%equity million required for established business.20% required far sort-up. Infenee�ry Rel�d r6 RDA makes bans to nompipf t ongadzasions 75%of project cow not to exceed SI S0,000 Must be unable uo get funds ei" me. Progeas it Rural firms,any industry. who rewind a small businesses or start-ups m per borrower.Term and interest rate Projects must createfs ive jobs.Firm must rural areas involved in airy industry. negaiated by borrower an intermediary. be loomed in town with pop.under 25.000. Farm Service Agency (US Dept of Axrscdnwel 919/790.3057 -- -- Maximum outstanding principal for direct Must be unable to obtain funds elsewhere. Farm Ovniaeduip Lai.,. Operators of family size Direct loam and loan guarantees made to loan is 5200,000 and for guaranteed loans is Borrowers receiving direct loam are ,... farms. buy,improve.W enlarge farms. $300,000.Loan is secured by real estate expected to refinance using commercial involved. sources when feasible. Operating loan funds may be used to pay for Maximum outstanding principal for direct Must have satisfactory history of deed Farm Loans of family size . loans is 5200.000 and for guaranteed loans is repayment.Maybe used 10 refinance only toms. Hems such as ranee, it equipment,seed,crop $400.000.loans arc for I to 7 years a when certain debt.Collateral is in the forma a insurance,hired labor,ere. financed product is sold. first him. 2 US Department of fnergy 202586-1478 Inventors and small bux,V Rndated lnnvediahe businesses involved with Grant programs for energy-nelaled invenuors i Average award is$83,000 since program Only 0Ae-time assistance available. she uvelopment ol energy with commedal paential. stoned. Invention must be recommended for an ,.. technology. award by N15T. inventors and small Provides seed for effi Seed r from 515.000 to IreevaweCnoospts busnesses involved with TOnry e1Q�' C1e"n' ( � � The program retains the right to publish y ideas to determine U they are 1eclnically and $20.000.M average a is innovators per Program the development a energy data generated by the funded polttts. technology. commercially feasible. eyek receive funding. US Eapvt-tnrgsst flank 800/2.58-0862 Guarantor d up to 90%a principal. No limit Small and mid-size Guarantee for lenders making up to one year finis must have been operating for u least Wprfarg Capital• on roan size.Rate is negotiated in he by lender and exporters domiciled in the waking capita line a credit available to one year and m kasu one full.iime ( C.rnararrlae U5. exporters, borrower. Collatera in the(rpm d export princi No defense a services. inventory. pal. products Foreign buyer of US goods Fixed interest rate loans for two or more yeas Up to 85%a contract price.Rates based on Buyer must make 1 S%cash payment.US ` ahem:,; and services where foreign Layers a quip Y �yn� exporter must face officially subsided Direct Law M financed portion exceeds to a U$ and U.S.US.T rates and loan r f dnanh whore loan _ - f10 million services period' owl cape amount is$2S million or let. Guarantee of repayment a fixed or floating Crarasl N to:Buyes ' f s goods �loupe interest rate et{fon low to foreign buyers of Guarantee a 100%a ban stp to a ma:.ntmh Buyer onus make 1 fix rash amount. d US goods and crevice. US exports. a 85%of the contract value. Guarantee may be fe any amount. US Guinness of Indian Affairs 7031235-1303 Indian awrd business L.Oarh gharenle4 a asaif!khdaxns and Irhdian Guartnntnes for up to 90%of ban up to mac Furndt nthtrtt be used by a for-profs buarrteas loam Emwture benefiting i conmery of a I guarantee a$SOD,00o per individual or$23 with at less 51%Indian ownership that a fit N zed ktdian tribes n staring and expanding their owns �eva)opuent/rognm y SWvaa businesses. million pie tribe.Loan rem may not exceed will benefit a federally recognized Indian -- -- Reservation. 30 years. tribe. 47