GRANT PROGRAM GUIDELINES

The Groveton Economic Development Corporation, Committees 4A & 4B, (Collectively “GEDC”) deem it necessary and prudent to develop guidelines to follow when considering finding requests for “community development”.

These guidelines are for the purpose of providing clarification and direction for those individuals and organizations making funding requests and for providing clean and consistent basis for committee members when considering such requests.

Recognizing that the world we live in is a dynamic one, the guidelines are subject to change.

Approval/Denial of applications and funding is not guaranteed on any time line.

In order to stimulate the economic activity, funding requests should follow the guidelines below:

• Fixed asset expenditure (not for marketing or promotion)
• May be for historic preservation
• Must create wealth for the community through job creation
• Projects within the City limits of Groveton will have first consideration

Funding priority will be given to applicants that meet the majority of the above requirements and address the greatest needs of the community.

The Economic Development personnel shall screen all applications for the Board of Directors consideration.

The GEDC reserves the right to reject any application which, at the Boards sole discretion, it deems incomplete, inaccurate, and/or inappropriate.

The GEDC reserves the right to append, modify or otherwise change its guidelines and policies without direct public notice excepting its statutory requirements for the public notice of its open meetings.

For additional information and/or application, contact, Tommy Walton, President @ 936-581-0755