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DocuSign Envelope ID:470DF5EE-A79D-4E51-9C8F-E763A28357EC <br /> PROCEDURES <br /> 1. Applicants will be referred to the Orange County Economic Development (Department)website <br /> where they will complete and submit their application. Applications (with required documents) <br /> should be submitted via: <br /> • email: edcmail(cDorangecountync.Qov <br /> • mail/deliver: Orange County Economic Development <br /> 131 W. Margaret Lane, Suite 205 <br /> Hillsborough, NC 27278 <br /> 1. If asked to appear before the Subcommittee, applicants will be provided interview dates and <br /> times no later than two weeks prior to the Subcommittee's next meeting date. <br /> 2. County staff will provide completed applications to the Subcommittee for their review no later <br /> than three weeks prior to its next scheduled meeting. <br /> 3. At its scheduled quarterly meeting, the Subcommittee will discuss the strengths and weaknesses <br /> of complete grant application(s) and decide whether or not to take action on the request, based <br /> on the information provided. <br /> 4. The Subcommittee shall approve, deny or request additional information from the applicant. <br /> They will submit determinations in writing to County staff. <br /> 5. The applicant will be informed in writing by County staff of the Subcommittee's decision to deny, <br /> grant, grant with condition, or seek more information. If the Subcommittee denies a grant <br /> request, it shall provide a copy of the score sheet(s) to the applicant. <br /> 6. Should the Subcommittee deny an application; the Subcommittee will not consider any <br /> applications from that applicant for at least six months. Should an applicant think that their <br /> application has been improperly denied, then the applicant may notify, in writing, the <br /> Subcommittee. The notice to the Subcommittee shall state why the applicant thinks the grant <br /> should be approved. The application shall then be given further consideration by the <br /> Subcommittee and its decision is final. <br /> 7. At its discretion, the Subcommittee may impose any additional terms to a grant request. The <br /> Subcommittee may require an itemized budget detailing the proposed use of grant funds. <br /> 8. Applicants agree to utilize grant funds for their intended use. Each venture receiving a grant <br /> must provide an accounting of how all funds were used, or will be used, and key milestones <br /> reached by the venture within 180 days of the receipt of the grant. <br /> 9. As a condition of receiving grant funds, Small Grant recipients must commit to a mentoring <br /> period as detailed above (CONDITIONS OF RECEIVING A GRANT) unless waived by the Grant <br /> Subcommittee. <br /> OCEDbiga July 2015 <br />