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DocuSign Envelope ID: 78E1 165A-64D3-43E4-AF1 B-49D5CBEB7557 <br /> DEADLINES <br /> • Tuesday, June 30, 2015 by 5:00 pm <br /> • Wednesday, September 30, 2015 by 5:00 pm <br /> • Thursday, December 31, 2015 by 5:00 pm <br /> FUNDING <br /> The County will provide funding for the Grant Program through revenues generated from the Orange County quarter <br /> cent sales tax. <br /> COMMITMENT PERIOD <br /> The County will support the Program until funding is exhausted; demand for the Program no longer exists, or until it <br /> is no longer financially feasible. <br /> ELIGIBILITY <br /> • Applicant's business must be located in Orange County in areas zoned appropriately for their use. <br /> • Applicants must be business entities whose gross revenues do not exceed $1 million per year. On a case-by- <br /> case basis, Grant requests from businesses with revenues exceeding $1 million may be considered by the <br /> Subcommittee. <br /> • Applicants and their businesses must not have any past due tax, fee, or fine in Orange County. <br /> CONDITIONS OF RECEIVING A GRANT <br /> • Applicant must fill out a grant application. <br /> • Applicant must appear before the Subcommittee for an interview to detail how grant funds will be used, and <br /> answer any questions about their business or application. <br /> • Each venture receiving a grant must provide an accounting of how all funds were used and key milestones <br /> reached by the venture within 180 days of the receipt of the grant. <br /> • As a condition of receiving grant funds, Small Grant recipients must commit to the following mentoring period: <br /> Amount of Request <br /> o Below$1,000 1 hour session* <br /> o $1,000- $5,000 3 hour session* <br /> o $5,000- $10,000 5 hour session* <br /> *unless waived <br /> ➢ SCORE Chapel Hill (Service Corps of Retired Executives) <br /> 321 W. Rosemary Street, Chapel Hill, NC 27516 <br /> (919) 968-6894 <br /> https-.//chapelhil l.score.org/ <br /> ChataelhillinfoCa)scorevolunteer.orq <br /> ➢ SBTDC (Small Business & Technology Development Center) <br /> UNC Chapel Hill, 1700 Martin Luther King Jr Blvd <br /> Suite 115/CB# 1823, Chapel Hill, NC 27514 <br /> (919) 962-0389 htlE://www.sbtdc.org/offices/unc/#sthash.UJQiZWOL.dguf <br /> ➢ Launch Chapel Hill (by application) <br /> 321 W Rosemary St, Chapel Hill, NC 27516 <br /> (919)240-7765 <br /> htt2-://www.launchchapelhill.com/ <br /> infoCa)launchcha�relhillecom <br />