This program is a fantastic opportunity for your business. By applying, you can receive valuable grants and expert advice that can foster economic growth and job creation in your area. This support can be used for projects like feasibility studies, disaster resilience plans, or other technical initiatives aimed at strengthening your operations.

You won’t have to worry about strict payback periods or funding limits. This means you can focus on what you do best—growing your business—while benefiting from the program's resources. With no minimum or maximum revenue requirements, this program is accessible, allowing you to enhance your strategic planning and implementation.

Taking part in this program will help you build a more resilient business, potentially leading to high-quality job creation right within your community. It’s a straightforward way to invest in your future while also contributing positively to your local economy.

Type of Financing
The program offers grants to eligible recipients. This means that the funds do not need to be repaid, allowing you to invest in your business with less financial strain.

Repayment Terms and Interest Rates
Since this financing is a grant, there are no repayment terms or interest rates associated with the funds. This makes it a highly attractive option for business owners looking to grow without the burden of debt.

Eligible Expenses
The funds can cover a variety of costs, such as:

• Economic development planning activities
• Feasibility studies
• Impact analyses
• Disaster resiliency plans
• Project planning

Exclusions
Funds cannot be used for general operating expenses or personal benefits. They are intended strictly for economic development and related planning activities.

Fees
There are no application fees or hidden fees associated with this program, ensuring that you can access the funding without additional financial barriers.

• Location: Must be based in an economically distressed area in the United States.
• Sectors: Open to all sectors.
• Minimum Employees: No minimum number of employees required.
• Maximum Employees: No maximum number of employees.
• Minimum Company Revenue: No minimum revenue qualifications.
• Maximum Company Revenue: No maximum revenue qualifications.
• Legal Structure: All legal structures are applicable.
• Profit Structure: All profit structures are applicable.

Disqualifications:

• None specified.

This program aims to support economic development and job creation in distressed areas. It provides planning and technical assistance investments to help businesses like yours thrive. You can tap into resources that help enhance your operations and foster growth in your community.

You could receive grants and expert advice to create and implement strategic economic plans. This funding can be used for various purposes, such as feasibility studies, disaster resilience plans, and other technical projects that strengthen your business. The goal is to create high-quality jobs, particularly for those who are unemployed or underemployed.

There is no strict payback period or funding limit set for this program. This means you can focus on building your business, while the program helps you invest in projects that nurture long-term growth and resilience.