Orange County NC Website
OCEDbiga June 2016 <br /> <br />x 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 OFGRANTS <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 />($1,500.00or less; 2 -3 pages) <br />Large Grant Application Requirements <br />($1,500.01-$10,000.00; 8 -15 pages) <br />Business Information:Business Information: <br />1.Business Name/DBA1.Business Name/DBA <br />2. Street Address/Mailing Address2. Street Address/Mailing Address <br />3. Date Established3. Date Established <br />4. Number of Employees4. Number of Employees <br />5. Business phone number5. Business phone number <br />6. E-mail address6. E-mail address <br />7. Tax ID/ Employment Identification Number 7. Tax ID/ Employment Identification Number <br />8.Primary bank <br />9.Accounting firm <br />10.Attorney <br />Business Financial Information:Business Financial Information: <br />8. Annual Sales for the past 3 years (if applicable)11.Annual Sales for the past 3 years (if applicable) <br />9.Business Financial Statements(for 3 years, if <br />applicable) <br />12.Business Financial Statements(for 3 years, if <br />applicable) <br />10. Current Business Checking Account Balance13. Current Business Checking Account Balance <br />11.Balance In Other Accounts14. Balance In Other Accounts <br />12. Existing Business Debts15.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 />Description of Business Operations: <br />16.Detailed Written Business Plan (5-10 pages) or <br />PowerPoint Pitch Deck <br />Grant Use Details Grant Use Details <br />14.Amount of Grant Requested & Detailed Use of <br />How Funds Will Be Used (2-3 pages) <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 />DocuSign Envelope ID: A5395492-4C70-402E-A7F1-2688316D702F