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2022-568-E-Economic Dev-Hope Renovations-Business Investment Grant
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2022-568-E-Economic Dev-Hope Renovations-Business Investment Grant
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Last modified
11/3/2022 5:12:15 PM
Creation date
11/3/2022 5:11:53 PM
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Contract
Date
10/31/2022
Contract Starting Date
10/31/2022
Contract Ending Date
11/2/2022
Contract Document Type
Contract
Amount
$5,000.00
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Revised 4/22 <br /> <br />received funding under the small grant category, or one year if they have received funding <br />under the large grant category. <br /> Duplication of benefits prohibited. No individual business or affiliated owner(s) shall receive in <br />excess of $10,000 from Orange County’s Small Business and Large Business Investment Grant <br />Programs, the Agriculture Grant Program, and any other County grant awards over a two year <br />period. This prohibition includes a situation in which the same owner(s) owns multiple <br />businesses. In such a situation if one or more of the multiple businesses applied for a grant(s) <br />the maximum available to any one or more of such businesses is $10,000. <br /> Individuals who have taken legal action against the County in the past 12-months, or have an <br />active legal case, and who applies for any available County grant program, are ineligible to <br />apply for and receive grant funding through Orange County Government until the settlement or <br />dismissal of such legal action. <br /> <br /> CONDITIONS OF RECEIVING A GRANT <br /> Applicant must fill out a grant application and submit required supporting documents through <br />Submittable. <br /> Applicant may be asked to provide additional information via email or through a short video <br />uploaded to the Submittable platform about how grant funds will be used, and to answer any <br />questions about their business or application. <br /> Each venture receiving a grant must provide an accounting of how all funds were used and key <br />milestones reached by the venture within 180 days of the receipt of the grant. This accounting will <br />include a request for proof of expenditures made including copies of receipts and/or photos of the <br />equipment or facility upgrades made. If grant funds are used towards employee costs, a copy of <br />the business’ NC Employment Security Commission reports or IRS 941 Payroll quarterly reports <br />shall be provided to the County as evidence of compliance. <br /> As a condition of receiving grant funds, Grant recipients may be asked to commit to mentoring <br />with an experienced business coach or mentor at: <br /> <br /> SCORE Chapel Hill (Service Corps of Retired Executives) <br />104 S. Estes Drive, Chapel Hill, NC 27516 <br />(919) 240-7765 <br />https://chapelhill.score.org/ <br />Chapelhillinfo@scorevolunteer.org <br /> <br /> SBTDC (Small Business & Technology Development Center) <br />UNC Chapel Hill, 1700 Martin Luther King Jr Blvd <br />Suite 115 / CB# 1823, Chapel Hill, NC 27514 <br />(919) 962-0389 <br />http://www.sbtdc.org/offices/unc/#sthash.UJQjZW0L.dpuf <br /> <br /> The Small Business Center (Durham Technical Community <br />College) <br />The Chesterfield <br />701 W. Main Street, Suite 203, Durham, NC 27701 <br />919-536-7241 <br />https://www.durhamtech.edu/small-business-center <br /> <br /> Launch, Inc.(by application) <br />321 W Rosemary St, Chapel Hill, NC 27516 <br />(919) 240-7765 <br />http://www.launchchapelhill.com/ <br />info@launchchapelhill.com <br /> <br />DocuSign Envelope ID: 5A245371-0EE4-4291-9C32-4D506FD0F04D
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