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6 <br /> Background <br /> ❖ The Board of County Commissioners approved an Emergency Small Business Funding on <br /> March 24, 2020 in response to COVID-19 pandemic; <br /> ❖ Funded through $300,000 appropriation in Article 46 Orange County small business loan <br /> program; <br /> ❖ Application period open to small businesses for more than two weeks; March 25 through <br /> April 10, 2020. <br /> ❖ BOCC approved a 9-Member Funding Committee which met and approved the award <br /> recipients. <br /> ❖ 9-Member Funding Committee composition; <br /> - Two members Small Business Loan Program <br /> - Two members Small Business Grant Program <br /> - Two members Agriculture Grant Program <br /> - One member each from Towns of Carrboro, Chapel Hill and Hillsborough <br /> ❖ Collaborative Departmental effort by Manager's Office, Economic Development, Finance, <br /> Information Technology, Register of Deeds, Tax Office to respond to small businesses' needs <br /> ORANGE COUNTY <br /> NORTH CAROLINA <br />