Eligibility Criteria

Establish clear criteria for applicant eligibility. This may include, but is not limited to:

• Business location and registration: Applicants may be required to maintain a physical business presence within the defined geographic area of the grant program. This ensures that grant funds are invested in the target community. Proper business registration with the relevant authorities can also be mandatory.
• Residency requirements: Some grant programs may prioritize or exclusively serve residents of a specific area. This is common in programs focused on neighborhood revitalization or individual assistance.
• Non-profit status: If the grant program is intended to support non-profit organizations, applicants must provide proof of their 501(c)(3) or other relevant non-profit designation.
• Compliance with local regulations: Applicants must demonstrate compliance with all applicable local ordinances, permits, and licensing requirements. This ensures that funded projects adhere to legal standards.
• Current tax obligations: Applicants must be current on all federal, state, and local tax payments. Delinquent taxes should disqualify an applicant from receiving grant funds.
• Business size (e.g., number of employees): Some grant programs may target businesses of a specific size, such as small businesses, startups, or large corporations. This criterion helps to direct funds to the intended beneficiaries.
• Time in business: A minimum period of business operation may be required to ensure that applicants have a stable track record and the capacity to complete their proposed projects.
• Zoning and building code compliance: Proposed projects must comply with all applicable zoning regulations and building codes. This ensures that funded projects are safe, legal, and compatible with the surrounding environment.
• Financial stability: Applicants may be required to demonstrate their financial stability and ability to manage grant funds responsibly. This may involve submitting financial statements, credit reports, or other relevant documentation.
• Project feasibility: The proposed project must be feasible and have a reasonable likelihood of success. Applicants may need to provide detailed project plans, budgets, and timelines to demonstrate the feasibility of their proposals.
• Legal standing: Applicants must be legally authorized to enter into a grant agreement and receive grant funds. This may involve providing proof of legal structure, such as articles of incorporation or partnership agreements.

Examples of Eligible Projects and Expenditures   Examples of Ineligible Projects and Expenditures