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2025-047-E-Economic Dev-Hasena Farms-AG Economic Development Grant
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2025-047-E-Economic Dev-Hasena Farms-AG Economic Development Grant
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Last modified
2/13/2025 3:19:12 PM
Creation date
2/13/2025 3:19:08 PM
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Contract
Date
2/7/2025
Contract Starting Date
2/7/2025
Contract Ending Date
2/10/2025
Contract Document Type
Contract
Amount
$1,380.00
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OCEDaedga 1-25 <br /> <br />outlined at the end of this document Grant funds may not be used to reimburse prior expenses incurred <br />before grant funds are received. <br /> <br />10. If an applicant fails to complete item #9 in a timely manner, the County has the right to require all <br />grant funds back from the applicant, and may initiate legal proceedings against the applicant. <br /> <br />11. The Subcommittee shall provide annual reports to the Economic Development Department of the <br />number of grants requested, approved and denied, and an analysis of the program’s success metrics <br />to date. <br /> <br />12. Documents, including, but not limited to, financial statements, business plans, customer and supplier <br />lists, description of inventory or assets, contractual obligations and existing liabilities, submitted <br />during the application process shall be treated as confidential information. <br /> <br /> <br />Expenses <br /> <br />Suitable expenses are those associated with the production and marketing of diversified farm enterprises, <br />value-added, and agritourism endeavors. Funds are not intended for farmer or full-time employee salaries or <br />normal farm operational costs (utilities, insurance, rent, etc.). Funds should be used as stated in the applicant’s <br />proposal unless any requested changes are pre-approved by the Subcommittee. <br /> <br /> <br /> <br />Funding Limits <br /> <br />The maximum amount any one farm can receive within 3 years of initial funding is $10,000. Multiple <br />applications and subsequent awards of less than the $10,000 limit may be made within the 3-year period by <br />one farm entity but may not exceed $10,000 in total awards for the 3-year period <br /> <br /> <br />Advisors/Mentors <br /> <br />Although not required, advisors and mentors can bring valuable expertise and may increase the likelihood of <br />success of your project. These may include County Agriculture Economic Development Coordinators, other <br />farmers, marketing and production specialists, extension agents, crop consultants, non-profit organizations, <br />business and other agricultural advisors. <br /> <br /> <br />GRANT APPLICATION GUIDELINES: <br /> <br />1. Farm Name / DBA <br />2. Farm Address (must be located in Orange County, NC) <br />3. Years of Farming Experience <br />4. Phone number <br />5. E-mail address <br />6. Website or Social Media (if available) <br />7. Percent of Personal Income from Farming Enterprise <br />8. Amount of Grant Request ($10,000 max) <br />9. Budget Summary – show how funds will be used <br />10. Owner(s) First & Last Name <br />11. Owners Address (if different than farm address) <br />Docusign Envelope ID: 655ACAEF-B2E2-4E68-8246-7AC7415E1D2C
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