Economic Development Agency Funding

Application Deadline is Monday, January 9, 2023 at 5:00 PM

Contact Gwen Hill at (910) 500-7894 or ghill@nhcgov.com for questions.

Eligibility: Nonprofits with 501(c)(3) or 501(c)(6) status and governmental entities are generally eligible to apply for economic development agency funding. Economic Agencies includes both Economic Development Agencies and Community-Based Economic Development Agencies (arts, attractions, events, etc.). Economic Agencies are paid to recruit, grow, and retain businesses in New Hanover County; are primarily focused on improving the tax base or creating jobs; and contribute to creating community wealth i.e., brings visitors/dollars into the local economy.

Required Documents: A complete submission must be comprised of the following documentation:

  • Completed funding application submitted from the Finance Department website
  • IRS Tax Exempt Letter (501(c)(3), 501(c)(6)) for nonprofit or enabling legislation for governmental entity
  • FY22-23 Financial Statements – If requesting $25,000 or more in funding, submit a financial audit. The audit must be conducted by a certified public accountant and financials must be two-year comparative. If requesting less than $25,000 in funding, submit compiled financial statements prepared by an accounting professional and approved by the governing body of the agency. Financials must be two-year comparative. Additional information may be requested if required to understand the financial
    statements.
  • Current Board of Directors roster

Any application packages with missing or incomplete documents will not be eligible for funding consideration.

Application: The application must be completed using the form posted on the New Hanover County Finance website. Responses to the application questions should be brief.

Evaluation Criteria: Applications will be reviewed by the County Manager and recommendations will be included in the Recommended Budget for Board of County Commissioners’ approval. There are no specified funding or eligibility time limits.

Submission of Application Package: Completed applications and required documents must be submitted by clicking “Submit” at the bottom of the application.

Contact Gwen Hill at (910) 500-7894 or ghill@nhcgov.com for questions.
Mailing Address(Required)
Contact Name(Required)
Chief Executive Officer(Required)
Please give a brief summary of the unique service your agency provides. Please include the population you serve and an overview of the programs/services you offer.
Describe how your agency increases jobs or employment opportunities in New Hanover County.
Describe how your agency generates a financial impact or return on investment utilizing county funds.
Alignment with New Hanover County Strategy(Required)
Please select one of the following categories that best aligns to the program/service for which you are requesting funding. If none of the categories apply, please select Not Applicable.
Describe two milestones the agency plans to achieve with county funding.
Accepted file types: jpg, gif, png, pdf, doc, docx, Max. file size: 5 MB.
Accepted file types: jpg, gif, png, pdf, doc, docx, xls, xlsx, Max. file size: 5 MB.
Accepted file types: jpg, gif, png, pdf, doc, docx, xls, xlsx, Max. file size: 5 MB.
Agreement to Terms(Required)
By submitting this form, I hereby acknowledge that:
Please type or sign your name as confirmation of your agreement to the above terms:
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Finance: 230 Government Center Dr, #165 • Wilmington, NC 28403 • Phone 910-798-7187 • Fax 910-798-7806
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