Orange County NC Website
DocuSign Envelope ID: 1B5AF1F6 -3F21- 4247- 89A0- CCCE77297D9B <br />• Ventures that implement planning and economic development policies which create a balanced, <br />dynamic local economy that promotes diversity, sustainable growth, and enhanced revenue while <br />embracing community values will also be given priority. <br />AMOUNT OF GRANTS <br />Small Grant - Minimum Up to $1,500.00 <br />Grant applications for $1,500.00 or less will have a separate and simplified application. <br />Large Grant - Maximum Up to $10,000.00 <br />Grant applications for $1,500.01 or more will require additional financial information and documentation <br />of how grant proceeds will be used. Should market conditions change, or in the event of an applicant <br />with extraordinary conditions, a grant amount exceeding the maximum may be considered by the <br />Subcommittee. All grants are subject to availability of funds. <br />Grant Application Guidelines <br />Small Grant Application Requirements <br />($1,500.00 or less; 2 - 3 pages) <br />Business Information: <br />1. Business Name /DBA <br />2. Street Address /Mailing Address <br />3. Date Established <br />4. Number of Employees <br />5. Business phone number <br />6. E -mail address <br />7. Tax ID/ Employment Identification Number <br />Business Financial Information: <br />8. Annual Sales for the past 3 years (if applicable) <br />9. Business Financial Statements (for 3 years, if <br />applicable) <br />10. Current Business Checking Account Balance <br />11. Balance In Other Accounts <br />12. Existing Business Debts <br />13. 250 -500 Word Description Of Business <br />(When & where it was started, market, target <br />customer, future plans, etc.) <br />Grant Use Details <br />14. Amount of Grant Requested & Detailed Use of <br />How Funds Will Be Used (2 -3 pages) <br />Large Grant Application Requirements <br />($1,500.01 - $10,000.00; 8 - 15 pages) <br />Business Information: <br />1. Business Name /DBA <br />2. Street Address /Mailing Address <br />3. Date Established <br />4. Number of Employees <br />5. Business phone number <br />6. E -mail address <br />7. Tax ID/ Employment Identification Number <br />8. Primary bank <br />9. Accounting firm <br />10. Attorney <br />Business Financial Information: <br />11. Annual Sales for the past 3 years (if applicable) <br />12. Business Financial Statements (for 3 years, if <br />applicable) <br />13. Current Business Checking Account Balance <br />14. Balance In Other Accounts <br />15. Existing Business Debts <br />Description of Business Operations: <br />16. Detailed Written Business Plan (5 -10 pages) or <br />PowerPoint Pitch Deck <br />Grant Use Details <br />17. Amount of Grant Requested & Detailed Use of How <br />Funds Will Be Used (2 -3 pages) <br />SUGGESTED SMALL GRANT GUIDELINES <br />Use of Funds - Priority will be given to ventures demonstrating a clear need for grant funds to grow their <br />business, hire additional staff, grow the commercial tax base, and /or create a significant social and <br />OCEDbiga June 2016 <br />