Hillsborough Florida Recoverable Grant Agreement

State:
Multi-State
County:
Hillsborough
Control #:
US-ENTREP-0052-1
Format:
Word; 
Rich Text
Instant download

Description

The purpose of the Grant is to support Company's development, dissemination and commercialization of the Company Technology to support a compnay, all in furtherance of said company's mission and charitable purpose.

The Hillsborough Florida Recoverable Grant Agreement is a legal document outlining the terms and conditions for recovering grants awarded in Hillsborough County, Florida. This agreement is specifically tailored to provide assistance and funding to various individuals, organizations, or businesses seeking financial support for specific projects, programs, or initiatives within the county. The Recoverable Grant Agreement is designed to support the economic development, growth, and welfare of Hillsborough County and its residents. It aims to stimulate innovation, create jobs, foster entrepreneurship, and enhance the overall quality of life for the community. The agreement sets forth the obligations and responsibilities of both the grant recipient and the county government. In order to access a recoverable grant in Hillsborough County, applicants must meet certain eligibility criteria and adhere to the guidelines defined within the agreement. These criteria may include having a viable business plan, proving their capacity to utilize the grant effectively, demonstrating the potential positive impact on the community, and in some cases, showcasing a commitment to diversity and inclusion. There are several types of Recoverable Grant Agreements available in Hillsborough County, each catering to different sectors and goals: 1. Small Business Recoverable Grant: This type of agreement supports the growth and development of small businesses in the county. It offers financial assistance to entrepreneurs to start new ventures, expand existing businesses, or introduce innovative products or services. 2. Non-Profit Recoverable Grant: This agreement targets nonprofit organizations that provide essential services to the community. It helps these organizations achieve their mission by providing funding for capacity-building projects, community outreach, program expansion, or improving infrastructure. 3. Job Creation Recoverable Grant: This grant agreement focuses on attracting new businesses to the county or encouraging existing businesses to expand their operations. It offers financial incentives to businesses that commit to creating specific numbers of new jobs within the community. 4. Community Development Recoverable Grant: This agreement supports community-driven projects aimed at enhancing the overall quality of life in Hillsborough County. It funds initiatives related to affordable housing, community revitalization, education, health, or environmental conservation. The Hillsborough Florida Recoverable Grant Agreement serves as a vital instrument in promoting economic growth, facilitating community development, and fostering innovation within the county. By providing financial resources and support to qualified individuals and organizations, it helps drive positive change and creates a thriving and inclusive environment for all residents.

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FAQ

A recoverable grant enables this nonprofit fund to provide short-term bridge loans for social enterprises and nonprofits experiencing unexpected roadblocks due to Covid-19. If the borrower can recover and continue operations, the fund will recover capital to the grantor upon receiving the borrower's loan repayments.

A recoverable grant (not a technical legal term, by the way) is a grant, not a loan.

Expenditure responsibility means that the foundation exerts all reasonable efforts and establishes adequate procedures: To see that the grant is spent only for the purpose for which it is made, To obtain full and complete reports from the grantee organization on how the funds are spent, and.

A recoverable grant is not a legally defined term. It is a type of design within a grant in which return of the original grant amount, in whole or part, is tied to the achievement of certain impact targets. It is important that a recoverable grant is not structured (or even referred to) as a repayable grant.

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The FDOT Public Transportation Grant Agreement to the Owner and Contractor in a timely manner. CDBGDR: Community Development Block Grant for disaster recovery projects.Hillsborough County, New Hampshire 2021 Recovery Plan Performance Report. We thank you for your interest in the Rapid Response Recovery (R3) program. Use of Grant Funds. Providers awarded funds under this RFA will participate in a contract with the State of Florida for the provision. It's just getting the time and people to get them out of the water. Tenants should be wary of anyone requesting payment to complete an ERAP application. Mortgage Loan Reinstatement Payment (MLRP) Program - CLOSED. The landlord must mail, replacement is filled out your free rental property is held.

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Hillsborough Florida Recoverable Grant Agreement