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Description of Need
1. Well Developed Business Plan Including:
o Detailed projection of earnings for the next 3 years
o Incorporation documentation for incorporated businesses
o Verification of current number of employees
2. Personal Tax Statements for all principals of the business for the past 3 years
3. If an existing business, Federal Business tax returns for the past 3 years
4. Profit Loss Statement for the past 3 years, or projected profit and loss projections for new businesses
5. Project Details
o If possible, projects will utilize local labor, contractors, etc. ensuring these funds remain in the local economy
o Applicants need to submit cost estimates from a certified contractor to justify request
6. Application fee of $100
City staff may request additional documentation during the application process.
I have read the Small Business Incentive Plan and understand its purpose, intent, and that submission of this application does not guarantee funding. Should I be awarded a grant I also understand that I will be held to performance standards such as maintaining normal business hours, meeting with City officials bi-annually, and creating additional jobs within the community. I have also been made aware that the City reserves the right to perform background and credit checks as part of the application process. Finally, by signing below I understand that any false information given in this application or not following other terms will result in a violation of the agreement, which may require repayment of the awarded funds.
By checking the "I agree" box below, you agree and acknowledge that 1) your application will not be signed in the sense of a traditional paper document, 2) by signing in this alternate manner, you authorize your electronic signature to be valid and binding upon you to the same force and effect as a handwritten signature, and 3) you may still be required to provide a traditional signature at a later date.
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