Idaho Recoverable Grant Agreement

• Category: Corporations - Startup - Venture Financing Process
• State: Multi-State
• Control #: US-ENTREP-0052-2
• Format: Word; Rich Text

Description

The purpose of the Grant is to support Company's development, dissemination and commercialization of the Company Technology to support the protection and preservation of natural resources and the mitigation of the adverse environmental impacts of climate change, all in furtherance of said company's mission and charitable purpose. Idaho Recoverable Grant Agreement is a financial assistance program offered by the state of Idaho to support various individuals, organizations, and businesses in achieving specific objectives or initiatives. This grant agreement provides funds that are recoverable over time through repayment plans agreed upon between the grant recipient and the state. The primary goal of the Idaho Recoverable Grant Agreement is to foster economic growth, innovation, community development, and job creation within the state. These funds are aimed at supporting activities such as research and development projects, workforce training initiatives, the establishment of new businesses, and the expansion of existing enterprises. There are several types of Idaho Recoverable Grant Agreements available, each catering to specific needs and industries: 1. Research and Development Grants: These grants are designed to support technological advancements, scientific research, and innovation in various fields. They enable businesses and organizations to conduct essential research, develop prototypes, and refine product designs. 2. Workforce Training Grants: These grants focus on enhancing the skills, knowledge, and capabilities of the Idaho workforce. They support initiatives such as job training programs, apprenticeships, and retraining efforts to meet the evolving demands of industries. 3. Small Business Expansion Grants: These grants aim to provide financial assistance to small and medium-sized businesses in Idaho for expansion purposes. They help fund the acquisition of new equipment, infrastructure improvements, market development, and increased production capacity. 4. Community Development Grants: These grants are centered around revitalizing communities, promoting tourism, renovating infrastructure, and improving local amenities. They support projects such as downtown revitalization, community center construction, and beautification efforts aimed at attracting both residents and tourists. Applicants who successfully secure an Idaho Recoverable Grant Agreement must adhere to specific terms and conditions outlined in the agreement. These typically include reporting requirements, regular progress updates, and the establishment of a repayment plan based on the agreed-upon terms. With the Idaho Recoverable Grant Agreement, the state aims to provide sustainable financial assistance that boosts the overall economic prosperity of Idaho while ensuring the recovery of funds to support future initiatives.

Idaho Recoverable Grant Agreement is a financial assistance program offered by the state of Idaho to support various individuals, organizations, and businesses in achieving specific objectives or initiatives. This grant agreement provides funds that are recoverable over time through repayment plans agreed upon between the grant recipient and the state. The primary goal of the Idaho Recoverable Grant Agreement is to foster economic growth, innovation, community development, and job creation within the state. These funds are aimed at supporting activities such as research and development projects, workforce training initiatives, the establishment of new businesses, and the expansion of existing enterprises. There are several types of Idaho Recoverable Grant Agreements available, each catering to specific needs and industries: 1. Research and Development Grants: These grants are designed to support technological advancements, scientific research, and innovation in various fields. They enable businesses and organizations to conduct essential research, develop prototypes, and refine product designs. 2. Workforce Training Grants: These grants focus on enhancing the skills, knowledge, and capabilities of the Idaho workforce. They support initiatives such as job training programs, apprenticeships, and retraining efforts to meet the evolving demands of industries. 3. Small Business Expansion Grants: These grants aim to provide financial assistance to small and medium-sized businesses in Idaho for expansion purposes. They help fund the acquisition of new equipment, infrastructure improvements, market development, and increased production capacity. 4. Community Development Grants: These grants are centered around revitalizing communities, promoting tourism, renovating infrastructure, and improving local amenities. They support projects such as downtown revitalization, community center construction, and beautification efforts aimed at attracting both residents and tourists. Applicants who successfully secure an Idaho Recoverable Grant Agreement must adhere to specific terms and conditions outlined in the agreement. These typically include reporting requirements, regular progress updates, and the establishment of a repayment plan based on the agreed-upon terms. With the Idaho Recoverable Grant Agreement, the state aims to provide sustainable financial assistance that boosts the overall economic prosperity of Idaho while ensuring the recovery of funds to support future initiatives.