Orange County NC Website
28 <br /> ECONOMIC DEVELOPMENT PROGRAMS IN ORANGE COUNTY FUNDED BY <br /> "ARTICLE 46" ONE QUARTER CENT SALES TAX FOR ECONOMIC DEVELOPMENT <br /> KEY SECTORS <br /> ANNUAL PERCENT OF <br /> ECONOMIC DEVELOPMENT USES OF FUNDS FUNDS ALLOCATION <br /> Debt Service on Water & Sewer Infrastructure in <br /> Orange County's 3 Economic Development Districts $750,000 60.0% <br /> Small Business Loan Fund $200,000 16.0% <br /> Innovation/Incubator Center for Entrepreneurial <br /> Development "LaUNCh Chapel Hill" $100,000 8.0% <br /> Small Business Investment Grants $100,000 8.0% <br /> Agricultural Economic Development Grants $60,000 5.0% <br /> Marketing & Collaborative Outreach 1 $20,000 1 .5% <br /> Collateral Materials, Advertising, Publishing $20,000 1 .5% <br /> TOTAL ALLOCATION PER YEAR $1,250,000 100.0% <br />