New Hampshire Recoverable Grant Agreement

State:
Multi-State
Control #:
US-ENTREP-0052-3
Format:
Word; 
Rich Text
Instant download

Description

The purpose of the Grant is to support Company's development, dissemination and commercialization of the Company Technology to support the protection and preservation of natural resources and the mitigation of the adverse environmental impacts of climate change, all in furtherance of said company's mission and charitable purpose.
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FAQ

Capital Access Program (CAP) A simple and flexible credit enhancement for small businesses utilized statewide by New Hampshire banks. Whether your client is a start-up, non-profit, or established business, the CAP program can help you provide financing to small businesses across the state.

Hampshire families with 230K children: In New Hampshire, the American Rescue Plan's historic Child Tax Credit benefited an estimated 144,000 families with 230,000 children. Rescue Plan's expanded EITC provided up to $1,500 of tax relief to an estimated 70,000 New Hampshire workers without dependent children.

Recoverable grant capital can serve the same purpose for a nonprofit organization. For example ? if a nonprofit is working to test a new, unproven solution to address climate change, they need access to patient risk capital to help them innovate and try new ways to address the problem.

Under the American Rescue Plan Act of 2021 (ARPA), the State will receive a total of $112 million in Local Fiscal Recovery Funds to distribute to New Hampshire non-metropolitan cities and towns (so-called Non-Entitlement Units or NEUs), this includes all NH municipalities except for Dover, Manchester, Nashua, ...

The New Hampshire Nonprofit Emergency Relief Fund was established by Governor Chris Sununu through the Governor's Office for Emergency Relief and Recovery (GOFERR). The State of New Hampshire will award grants from the allocated $60 million to help nonprofit organizations impacted by the COVID-19 pandemic.

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New Hampshire Recoverable Grant Agreement