File #: 170400    Version: 1 Name:
Type: Ordinance Status: Adopted
File created: 11/14/2017 In control: City Council
On agenda: 11/20/2017 Final action: 11/20/2017
Title: Ordinance - Budget Amendment - Business Incubator Grant Council is requested to adopted a Budget Ordinance amending the City of High Point 2017-2018 Budget Ordinance to appropriate funds in the amount of $250,000 for a grant received from the Rural Economic Development Division of the North Carolina Department of Commerce for a Business Incubator Grant. These funds will be transferred to Business High Point to develop a business incubator with space for entrepreneurs, designers, small scale manufacturers, international guests and young professionals to grow their businesses.
Sponsors: Committee of the Whole
Attachments: 1. 5. Budget Ordinance Amendment - Rural Economic Development Grant amendment

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Ordinance - Budget Amendment - Business Incubator Grant

Council is requested to adopted a Budget Ordinance amending the City of High Point 2017-2018 Budget Ordinance to appropriate funds in the amount of $250,000 for a grant received from the Rural Economic Development Division of the North Carolina Department of Commerce for a Business Incubator Grant. These funds will be transferred to Business High Point to develop a business incubator with space for entrepreneurs, designers, small scale manufacturers, international guests and young professionals to grow their businesses.

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