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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

Enter the total amount requested (without $, commas, or decimal points). Note: The Rockville Small Business Impact Fund is an annual award program. Grantees awarded in current fiscal year will be eligible for annual renewal for up to four option years, subject to review of business performance, adequately meeting performance conditions, and annual funding appropriations.
enter in the following format: xxx-xxx-xxxx
enter in the following format: xxx-xxx-xxxx
enter in the following format: xxx-xxx-xxxx
enter number without hyphens or dashes
Click or drag a file to this area to upload.
Attach a statement explaining how the business benefits the public good and meets the Impact Fund criteria selected in the previous question.
Click or drag a file to this area to upload.
Upload the project budget and proposed allocation of funds. Be sure to include the following categories and proposed budget amount for each category: Building Improvements or Repairs, Acquisition of Equipment, Purchase of Inventory, Accounts Payable, Furniture & Fixtures, Equipment, Working Capital, Rent/Lease Expense, and Other (explain in full).
Click or drag a file to this area to upload.
Upload a document or spreadsheet that indicates 1) the current amount of leased square footage, current number of jobs, current annual payroll, and current salary range for all employees; and 2) the one-year projected amount of leased square footage, projected number of jobs, projected annual payroll, and project salary range for all employees.
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Upload a 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.
Click or drag a file to this area to upload.
Upload any business certifications that the Applicant business has been awarded.
Click or drag a file to this area to upload.
Upload any commitment letters the applicant business has received.
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Upload a copy of the current, valid business license.
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Upload the company's complete business plan.
Click or drag a file to this area to upload.
Upload the past three years of business income tax returns or Form 990Ns (for nonprofit organizations).
Click or drag a file to this area to upload.
Upload the past three years of business financial statements, including income, cash flow, and balance sheet.
Click or drag a file to this area to upload.
Upload a five-year pro forma projection, including description of how you plan to reduce your reliance on the Impact Fund and how you will increase your bottom line in order to be self-sustaining.
Click or drag a file to this area to upload.
Upload the personal financial statements for each owner, principal, and/or general partner.
Click or drag a file to this area to upload.
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.
Click or drag a file to this area to upload.
Upload the general or limited partnership agreement if any exists.
Click or drag a file to this area to upload.
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.
Click or drag a file to this area to upload.
Upload a copy of the current business insurance policy.
Click or drag a file to this area to upload.
Upload a copy of the most recent business tax bill.
Click or drag a file to this area to upload.
Upload evidence of zoning compliance for the business entity (if applicable).
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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