QUESTION
What is the available funding for BID development grants and the maximum and minimum amounts receivable?
0:52:12
·
37 sec
Deputy Commissioner Calvin T. Brown clarifies that for bid development grants, organizations can receive up to $100,000 for BID formation and $20,000 for BID exploration.
- For BID exploration, organizations are eligible for $20,000.
- BID formation grants can reach up to $100,000 per organization.
- The funding amounts depend on the organization's progress in the BID formation process.
Oswald Feliz
0:52:12
How much funding is available through the through that grant?
0:52:15
And also what's the maximum?
0:52:17
What's the minimum that could
Calvin T. Brown
0:52:18
be received?
0:52:18
For the bid formation, it was up to a $100,000, and f y and then forbid exploration is $20,000.
0:52:31
Poor organization.
0:52:31
Sorry.
Oswald Feliz
0:52:32
Sorry, Chris.
0:52:33
So the poor
Calvin T. Brown
0:52:34
organization, $20,000 for bid exploration.
0:52:38
And then for bid formation, is up to a $100,000 per organization, depending on where they are in the bid formation process.
Oswald Feliz
0:52:49
Okay.