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22 <br /> Totals 244 $1,210,550 $3,204,410.82 $4,414,960.82 <br /> Orange County Economic Development staff completed reviews to check the business <br /> registration status with the North Carolina Secretary of State and/or Orange County Register of <br /> Deeds, and checked each applicant's current Real and Personal property tax payment status <br /> with Orange County Tax Office to verify eligibility. A total of 168 of the 244 applicants returned <br /> the requested information. <br /> The following table represents demographic information for women, minority and co-owned <br /> women businesses. <br /> Breakdown of 244 Applications <br /> Breakdown of 244 Applications <br /> Percentages of Women and Minority- <br /> Owned Business Owners Women Owned <br /> 90 out of 244 37% <br /> Applicants <br /> Minority Owned <br /> 34 out of 244 14% <br /> Applicants <br /> Co-owned by Women <br /> 44 out of 244 18% <br /> Applicants <br /> Gary Donaldson made the following PowerPoint presentation: <br /> Emergency Small Business Fund <br /> Final Report <br /> May 19, 2019 <br /> Background <br /> ❖ The Board of County Commissioners approved an Emergency Small Business Funding <br /> on March 24, 2020 in response to COVID-19 pandemic; <br /> ❖ Funded through $300,000 appropriation in Article 46 Orange County small business <br /> loan program; <br /> ❖ Application period open to small businesses for more than two weeks; March 25 <br /> through 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, <br /> Finance, Information Technology, Register of Deeds, Tax Office to respond to small <br /> businesses' needs <br /> Eligibility Requirements <br /> ❖ Orange County based businesses <br />