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Agenda Attachments for June 23, 2022 Board Retreat
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Agenda Attachments for June 23, 2022 Board Retreat
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6/16/2022 2:14:29 PM
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6/23/2022
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Agenda
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Agenda for June 23, 2022 Board Retreat
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5 <br /> C. Agriculture Grant Program <br /> Total Budgeted Article 46 Funding Amount: $700,000 <br /> This important financial assistance program receives$100,000 annually from Article 46 to support <br /> the growth and retention of Orange County's small farms. This program awards grants that help <br /> support Orange County's many local farmers, and strengthen our local food resources. <br /> Agriculture Grant Program 2Q 2015—1Q 2021 <br /> Total Grants Awarded 86 <br /> Total Amount of Funding Awarded $691,874 <br /> Total Jobs Created* 104 FTE <br /> *Jobs created represents the minimum number of jobs as self-reported on the six-month <br /> expenditure reports received to date <br /> D. Summary of All Grants Program Awards Made Since 2Q 2015 <br /> All grant and loan funds were paid from Article 46 reserves and from annual allocations to the <br /> Agriculture Grant and Small Business Investment Grant programs. <br /> Summary of all Small Business Investment,Agriculture and COVID Emergency <br /> Grants for Rounds 1 —3 since 2Q 2015 <br /> Total Grants Awarded 416 <br /> Total Amount of Funding Awarded $2,273,953 <br /> Total Jobs Created* 498 FTE <br /> Total Jobs Retained* 721 FTE <br /> *Jobs created represents the minimum number of jobs as self-reported on the grant recipients' six- <br /> month expenditure reports received to date <br /> E. LAUNCH, Inc. — Entrepreneurial Start-up Innovation Center <br /> Total Budgeted Article 46 Funding Amount: $807,500 <br /> Orange County has used Article 46 funds since late 2012 to partner with the Town of Chapel Hill and <br /> the University of North Carolina at Chapel Hill to operate the current LAUNCH, Inc. entrepreneurial start- <br /> up innovation center, located at 321 W. Rosemary Street. The County allocates $73,500 per year from <br />
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