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Rockville Small Business Impact Fund Application

Rockville Small Business Impact Fund Application

Below please find the application for the Rockville Small Business Impact Fund. There are two application deadlines each year–September 30 and April 30. Applications received after each deadline will be considered in the next review cycle.

If you have any questions about the application or required documentation, contact Richelle Wilson at Richelle@RockvilleREDI.org.

APPLICATION

Required documents for this application

Please have you business license, budget estimate, recent financial statement, articles of incorporation/organization, most recent business tax filing, business insurance, and mortgage statement, lease agreement or co-working membership agreement available before starting this application. Estimated application completion time: 30-45 minutes. Please note progress is NOT saved.

SECTION 1 - Business Information

Check if your business is within City of Rockville limits by using the GIS tool: City of Rockville Address Checker.
This information is used only for data aggregation and will not be considered for the application or disclosed.
If none, please type 'NA'
Drag & Drop Files, Choose Files to Upload
Upload any business certifications that the Applicant business has been awarded.

SECTION 2 - Business Contacts

Enter in the following format: xxx-xxx-xxxx
Enter in the following format: xxx-xxx-xxxx

SECTION 3 - Ownership Background

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Upload ONE document or spreadsheet that indicates EACH Principal's Full Name, Corporation Ownership Percentage, LLC Interest percentage, Partnership Percentage, Years of Experience in Industry, and Annual Compensation.

SECTION 4 - Project & Use of Funds

Enter the total amount requested (without $, commas, or decimal points).
Describe: 1. What you will do with the SBIF funds; 2. Why this investment is important to your business; 3. What impact receiving SBIF funds will have
Drag & Drop Files, Choose Files to Upload You can upload up to 5 files.
Click the highlighted links: Project Budget Template | Financial Projection Template

SECTION 5 - Public Benefit & Community Impact

Include: What your business does to support a community cause or program; who benefits; how this activity aligns with your business.
Include partner or program name and type of organization (nonprofit, school, informal program, business-led initiative).
Community benefits may also serve residents outside of Rockville
Please use numbers. Examples: 0, 5, 11
Please use numbers. Examples: 0, 5, 11

SECTION 6 - Financial Snapshot

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Please upload one of the following documents: 3 years of income statements; 3 years of balance sheets; 24-month pro forma or projection;
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SECTION 7 - Business Documentation Uploads

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Upload a copy of the current, valid business license.
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Upload the evidence of organization, including Articles of Incorporation, By-laws, and Corporate Resolutions as well as any deed(s) showing ownership interest in business.
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Upload a copy of the current business insurance policy.
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For office and retail spaces, upload the current or prospective lease agreement and/or copies of all recent statements of mortgages outstanding on the business property. If applicant has multiple locations, upload files pertaining to all leased and/or owned properties.
Drag & Drop Files, Choose Files to Upload
Upload the general or limited partnership agreement if any exists.

SECTION 8 - Certification & Agreement

BY CHECKING THESE BOXES AND SUBMITTING THIS ONLINE APPLICATION, APPLICANT HEREBY AGREES TO THE STATEMENTS. ALL BOXES MUST BE CHECKED FOR APPLICATION TO BE CONSIDERED COMPLETE.
Enter Full Name Here

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