Thread: Micro Grant

  1. #1
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    Default Micro Grant

    Hey everybody,

    I have a quick question. If I select I want a micro grant, can the amount that I ask for be in excess of th $25,000. Say, if I ask for a $60,000 project and say I'll pay the other $35,000, is that possible.

    thanks

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    To answer your question, technically yes you could do that.

    Begs the question why you would need a grant if you can pay for more than half of it....big uphill battle in the financials if that's the case since anything can be financed these days.

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    You won't be able to add $60,000 worth of equipment and get past the budget section if you select Micro Grant, even if you indicate you are overmatching. The calculations in the application coding are not correlating the overmatch question into the budget screen.

    Obviously what Brian said is even more reasoning for lack of justification.

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    I am now questioning myself about the micro-grant as I am ready to submit. Is it $25,000 total cost or $25,000 in federal share? If it is the later - then if the match is 5% - the total request could be $26,315 in order to fall within the $25,000 federal share. Anyone willing to help me out and allow me to hit the submit button? Want to get this crossed off the to do list.

    Thanks and Happy Thanksgiving.

  5. #5
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    $25,000 in Federal funding.

    Happy Thanksgiving!

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    Thanks Sly - I am not going crazy ---------- yet !

  7. #7
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    That makes one of you! 22 left in the hopper over here...

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