Who will review grant applications and determine the awards?

An evaluation committee composed of two representatives each from the Small Business Grant Committee, the Agricultural Grant Committee, and the Small Business Loan (SBL) Board and one representative from each of the three Towns (Carrboro, Chapel Hill and Hillsborough) will assist in the structure of the program. The Emergency Small Business Funding Committee (Committee) will be staffed by the County’s Chief Finance Officer and Director of Economic Development.

Orange County staff will service the grants, to include marketing the program, receiving all applications for review, disbursing funds to award recipients, providing administrative reports, and processing all associated documentation.

The Emergency Small Business Funding Program is funded by the Orange County Board of Commissioners which retains the right to amend the grant procedures as necessary to assist the broadest level of Orange County’s small businesses.

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1. What is the purpose of the County’s financial assistance program?
2. What businesses are eligible/ineligible to apply for funding through this program?
3. Who will review grant applications and determine the awards?
4. What will the application and funding process look like?
5. What criteria will be used to evaluate a small business applicant’s economic need to receive a grant?
6. What are the eligible uses of the grant funds?
7. What are examples of unauthorized uses of grant funds?
8. What is the amount of the grant program’s potential award value to a small business applicant?
9. What is the cost to a small business that receives a grant?
10. What types of financial records and related documentation will be required as part of the grant application process?
11. How much funding is available for the program?