Get Magic Fund Application Form - City Of Minot, Nd - Minotnd

Filling out the MAGIC Fund Application Form is a crucial step for businesses seeking financial assistance from the City of Minot. This guide provides a clear, step-by-step approach to ensure users can complete the form effectively and accurately.

Follow the steps to complete your application with confidence.

1. Click the ‘Get Form’ button to obtain the application form, and open it in your preferred document editor.
2. Begin with the section regarding previous MAGIC Fund proposals/applications. Clearly indicate any past submissions in the space provided.
3. In 'The Firm' section, enter the name of your company, corporate address, project address, and contact telephone number in the designated fields.
4. Specify the form of business ownership (e.g., sole proprietorship, partnership) in the relevant section.
5. If your business is structured as a corporation, provide the federal tax ID number where indicated.
6. List the project principal(s) and their respective ownership percentages, ensuring to include all relevant contact information.
7. Describe the product or service your business offers. Be concise and clear in this section.
8. Indicate the phase of your project (startup, expansion, or retention) and detail current company status, including the number of full-time and part-time employees.
9. In the 'Project Funds Source/Use Statement', outline the sources and uses of funds, ensuring clarity and completeness.
10. Fill in the current and projected employment section, providing relevant details for existing jobs and projections in the specified format.
11. For all applicants, ensure the application is fully completed and attach any required documents regarding pending litigation or bankruptcy, if applicable.
12. If applicable, include details of new business ventures, personal references, and provide a thorough business plan with pro-forma financial statements.
13. For existing businesses, attach financial statements for the past three fiscal years, along with interim financial statements and any required documentation.
14. Conclude by reading the application thoroughly, verifying the accuracy of all statements, signing the document, and indicating the date.
15. Once finished, save any changes, and choose to download, print, or share the completed form as required.

Complete your MAGIC Fund Application Form online today to take the first step towards securing funding for your business.