THE ECONOMIC DEVELOPMENT GRANTS POLICY REVIEW (Referred from Planning and Environment Committee dated 8 August 2023 - Item 5.3) · Attachment 5 Guidelines - Economic Development Grant Program

                                                              Economic Development Grant Guidelines




How much funding is available?
The delivery of the Economic Development Grants Program is subject to Council’s annual budget

The minimum grant amount from Council is $1,000 and maximum grant amount is $5,000.

All applications will be assessed on a case by case basis. The grant round will close when all grant
funds allocated for that particular year are expended..
It is expected that the applicant will make both a cash and in-kind contribution to the project.
Contributions from your organisation could include:
   •   Applicant cash contributions
   •   Grants from other funding bodies
   •   Sponsorship, event/ticket income, expertise and
   •   In-kind support or volunteer labour valued at $44 per hour.

Eligibility for grants
The grant program is available to organisations who are seeking a financial contribution to a project
which will benefit the economy and small business community of Noosa Shire.
Who can apply?
   •   Not for profit incorporated business representative groups where the benefit of the project
       extends beyond their membership base.
   •   For profit businesses where the project is not run for the direct commercial profit of an
       individual business
   •   Consortiums – not for profit business representative groups, for profit businesses,
       governments



Applicants and projects must:
   •   Primarily service the Noosa Shire business community
   •   Comply with all governance and financial requirements of the State and Commonwealth as at
       the closing date for the grant program
   •   Have an active ABN
   •   Have a bank account in the name of the legal entity.
   •   If not eligible, the applicant may apply under an eligible auspice (administrator). The auspice
       organisation will take legal and financial responsibility for the grant and the project being
       delivered. See the section on auspicing below.
   •   All applicants (including the auspice) must have:
           ▪ Appropriate insurances and adhere to sound Workplace Health and Safety practices
           ▪ No debt to Council, or have entered into scheduled payment arrangements that is
                being adhered to and
           ▪ Met obligations of agreement and/or acquittal conditions for any previous Council
                grants




                                                                                                        3