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FIN - Economic Development Fund Grant and Loan Program
Economic Development Fund Grant and Loan Program (EDFGLP) is established under Chapter 20, Article XIII, Sec. 20-73 through Sec 20-75 of the Montgomery County Code. The purpose of the program is to aid the economic development of the County by assisting private employers who are located or plan to locate or substantially expand operations in the County. The most common forms of assistance are loans or grants of public funds. Frequently, this assistance is leveraged with additional incentives offered by the Maryland Department of Commerce. Other permitted forms of assistance are: transfers of real or personal property as otherwise authorized by law; the provision of services, when otherwise authorized, by a County agency; plans, studies, or other technical assistance; or an equity investment as authorized by Section 20-75A of the Montgomery County Code. There is no Sunset Date for the EDFGLP. Program Goal: Strategic attraction and retention projects in targeted industry sectors that generate significant economic development benefits in the County. **Approved Projects are projects, with offers made and accepted, but funds have not yet been disbursed. Projects approved for funding in one year may actually be funded at a future date when conditions for disbursement have been met.** Update Frequency : Annually
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Entrepreneurial Development Loan Fund (EDLF)
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Loans from the Entrepreneurial Development Loan Fund (EDLF) for Fiscal Years 2016-2024 under ORS 285B.740. The fund provides direct loans to help start-ups, micro-enterprises, and small businesses expand or become established in Oregon. For more information visit https://www.oregon.gov/biz/programs/EDLF/Pages/default.aspx
Department of Economic and Community Development (DECD) – Business Assistance Portfolio
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DECD's listing of direct financial assistance to businesses from July 1, 2009 through June 30, 2024. New projects are usually added quarterly, but updates may be made on an ongoing basis. Small Business Boost loan recipients can be found here: https://data.ct.gov/d/yk65-8y82
Economic Equity Investment Program (EEIP)
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During the 2022 short session, the Oregon legislature passed SB 1579, the Economic Equity Investment Act, to build economic stability, self-sufficiency, wealth building and economic equity among disadvantaged individuals, families, businesses, and communities in the state. The program was allocated $15 million and will distribute funding to organizations who will, in turn, implement programs and provide resources to eligible beneficiaries to address longstanding economic inequities in four key areas: ownership of land and property; entrepreneurship and business development; workforce; and intergenerational wealth building. This report covers fiscal years 2023-2024. For more information, visit https://www.oregon.gov/biz/programs/Economic_Equity_Investment_Program/Pages/default.aspx
ED Grants: Promise Neighborhoods Fund
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The Promise Neighborhoods Fund website depicts open grantmaking information on the applicants received, grantees awarded and project locations. The purpose of Promise Neighborhoods is to improve significantly the educational and developmental outcomes of children in our most distressed communities, and to transform those communities by-- (1) Supporting efforts to improve child outcomes and ensure that data on those outcomes are communicated and analyzed on an ongoing basis by leaders and members of the community; (2) Identifying and increasing the capacity of eligible entities that are focused on achieving results and building a college-going culture in the neighborhood; (3) Building a complete continuum of cradle-through-college-to-career solutions (continuum of solutions), which has both academic programs and family and community supports, with a strong school or schools at the center. Academic programs must include (a) High-quality early learning programs designed to improve outcomes in multiple domains of early learning; (b) programs, policies, and personnel for children in kindergarten through the 12th grade that are linked to improved academic outcomes; and (c) programs that prepare students for college and career success. Family and community supports must include programs to improve student health, safety, community stability, family and community engagement, and student access to 21st century learning tools. The continuum of solutions also must be linked and integrated seamlessly so there are common outcomes, a focus on similar milestones, support during transitional time periods, and no time or resource gaps that create obstacles for students in making academic progress. The continuum also must be based on the best available evidence including, where available, strong or moderate evidence, and include programs, policies, practices, services, systems, and supports that result in improving educational and developmental outcomes for children from cradle through college to career; (4) Integrating programs and breaking down agency "silos" so that solutions are implemented effectively and efficiently across agencies; (5) Supporting the efforts of eligible entities, working with local governments, to build the infrastructure of policies, practices, systems, and resources needed to sustain and "scale up" proven, effective solutions across the broader region beyond the initial neighborhood; and (6) Learning about the overall impact of Promise Neighborhoods and about the relationship between particular strategies in Promise Neighborhoods and student outcomes, including a rigorous evaluation of the program.