Economic Development Grant Program
This grant provides financial support to non-profit and governmental organizations for projects that promote sustainable economic development, job creation, and workforce enhancement in Klamath County, Oregon.
Description
The Klamath County Board of County Commissioners has established the Economic Development Grant Program to support projects that promote sustainable economic development within Klamath County, Oregon. This program invites applications from local organizations aiming to enhance economic growth and job creation in the region. The grant program is designed to fund projects that align with the county's economic development goals and objectives, providing a financial resource for initiatives that can demonstrate a clear benefit to the local economy.
The primary purpose of the Economic Development Grant Program is to create or retain jobs, enhance workforce skills, promote innovation, and support existing economic development organizations in Klamath County. The program seeks to facilitate projects that can effectively contribute to the local economy, including those that provide services or financial assistance to businesses, promote business expansion, or improve economic development infrastructure. The overarching goal is to foster a sustainable economic environment that benefits the community.
Funding for the program ranges from $10,000 to $100,000, with a maximum award of $30,000 for individual projects. The project period is limited to one year, requiring that all funded projects be completed within twelve months of the agreement's effective date. Eligible projects may include a variety of activities, such as job creation initiatives, educational programs, marketing efforts, and infrastructure development that supports economic growth.
Eligible applicants for the grant include non-profit organizations, governmental entities, and for-profit businesses located or planning to operate in Oregon. However, certain projects are not eligible for funding, including those aimed at fundraising, prizes, endowments, or those that violate existing laws and regulations. Additionally, projects must be capable of completion within the specified timeframe, and grant funds cannot be used for regular business expenses.
The application process requires potential applicants to submit detailed proposals that outline their projects and how they align with the program's goals. Specific questions may be included in the application to assess the project's viability and potential impact on the local economy. Evaluation criteria will focus on the project's alignment with economic development objectives, feasibility, and potential for job creation or retention.
The deadline for submitting applications is September 30, 2024. Interested parties are encouraged to review the program details and prepare their applications in advance of this date. For further information, applicants can visit the Klamath County website, where additional resources and guidance may be available to assist in the application process. This grant program represents a significant opportunity for organizations looking to contribute to the economic vitality of Klamath County.