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9 <br /> 0 <br /> Golden LEAF <br /> U N DA T 1 ON <br /> Community Based Grants Initiative FY 2017-18 <br /> THE PROCESS CHANGES <br /> • It is competitive to any county within a region. Counties may submit between 1-3 Letters <br /> of Inquiry for project ideas that total no more than $1 .5 million. <br /> • Only project ideas that are endorsed by county manager will receive consideration. <br /> • Not all counties, nor all project ideas, will receive funding. <br /> • It is an abbreviated process to identify those projects that are ready to move the needle <br /> quickly, more similar to other Golden LEAF grant programs. <br /> • It is a focused process with grants targeted toward investments in the building blocks of <br /> economic growth. <br /> • 20 percent of the total project cost must come from other sources <br /> • All counties will be able to apply when it is their region's turn. We are currently <br /> implementing this process in the North Central Prosperity Zone. 5 <br />