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Can the 1:1 match required for funds > $100,000 come from individual Angel investors (1 or many)? Also, is there a payback of some sort (financial or other) required if the grant is awarded? Thank you. #13

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mofiebot opened this issue Apr 14, 2018 · 0 comments
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mofiebot commented Apr 14, 2018

Can the 1:1 match required for funds > $100,000 come from individual Angel investors (1 or many)?

  • Yes, as long as they are investing in what the grant will be funding. There needs to be an alignment between the funds the City is providing and the outside funding

Is there a payback of some sort (financial or other) required if the grant is awarded?

  • No
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