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The new grant program has three grants to help promote and enhance economic vitality in Yamhill County.
· The Start-Up Grant awards two $25,000 grants per year and will help foster a countywide culture of innovation and entrepreneurship. Applicants must be participants in the Launch-Mid Valley Oregon Entrepreneurs Network (OEN) initiative to be considered.
· The Small Grants will be smaller awards of up to $10,000 per grant and will provide flexible and responsive financial support to businesses and organizations engaged in various stages of development. Up to $66,700 of Small Grants can be awarded this year.
· The Strategic Investment Fund will give grants up to $100,000 per award and support businesses and organizations making significant investments in the region. Traded-sector businesses with job-growth potential will be given priority for the Strategic Investment Grants. Up to $133,300 can be awarded this year.
Applications close on June 30, 2019 for the Small Grants and the Strategic Investment Fund. The Start-Up Grant application ends Dec. 31, 2019. To be eligible all projects must be located in Yamhill County and have economic development significance. Projects should be focused on acquisition, capacity building, construction, equipment purchases, market research, technical assistance, or workforce training programs. Applications can be found either at the Yamhill County Board of Commissioners’ Office, 434 NE Evans Street in McMinnville or online at Yamhill County.
If you have questions, you can contact SEDCOR Yamhill County Business & Retention Manager Abisha Stone at 503-507-4175 or email astone@sedcor.com.
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