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CBG Business Assistance Grant Date:Town of Ashland 121 Thompson Street P.O. Box 1600 Ashland, Virginia 23005 Phone: (804) 7981073 www.ashlandva.gov Topham×Ashland.applicant Contact Name:Phone:Address:
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How to fill out cdbg - small business
How to fill out cdbg - small business
01
To fill out CDBG - Small Business, follow these steps:
1. Gather all required documents, such as business license, tax returns, financial statements, etc.
02
Complete the application form accurately and provide all necessary information about your business, including its legal structure, type of industry, number of employees, etc.
03
Clearly explain the purpose of the CDBG funding and how it will benefit your small business.
04
Provide a detailed budget indicating how the funds will be used, including expenses for equipment, marketing, hiring employees, etc.
05
Attach any supporting documents that may strengthen your application, such as business plans, marketing strategies, etc.
06
Review and double-check all information before submitting the application to ensure it is complete and error-free.
07
Submit the filled-out application along with all required documents to the appropriate CDBG office or designated entity.
08
Keep track of your application status and follow up with the CDBG office if necessary. Be prepared to provide any additional information or attend any interviews or meetings if requested.
09
Once approved, ensure that the CDBG funds are used for the intended purposes and adhere to any reporting requirements or conditions set by the CDBG program.
10
Maintain proper records and documentation of all expenses related to the CDBG funding for future audits or compliance checks.
Who needs cdbg - small business?
01
CDBG - Small Business is designed for small businesses that meet certain criteria and are in need of financial assistance. Some examples of who may need CDBG - Small Business are:
02
- Start-up businesses looking for funding to cover initial expenses and operations.
03
- Existing small businesses facing financial difficulties due to economic downturns, disasters, or other unforeseen circumstances.
04
- Small businesses looking to expand their operations or invest in equipment, marketing, hiring employees, etc.
05
- Minority-owned or disadvantaged businesses in need of extra support and opportunities for growth.
06
- Small businesses located in communities targeted for revitalization or economic development by the CDBG program.
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What is cdbg - small business?
CDBG - Small Business stands for Community Development Block Grant - Small Business.
Who is required to file cdbg - small business?
Small businesses looking to apply for funding through the Community Development Block Grant program are required to file.
How to fill out cdbg - small business?
To fill out the CDBG - Small Business application, businesses must provide information about their business and how they plan to use the grant funds.
What is the purpose of cdbg - small business?
The purpose of CDBG - Small Business is to provide financial assistance to small businesses in order to stimulate economic development in local communities.
What information must be reported on cdbg - small business?
Businesses must report detailed information about their operations, financial status, and how they plan to use the grant funds.
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