A cash match is required. Match is based on the total number of employees, with full-time employees counting as one and part-time employees counting as 0.5, with the match proportion as follows:
Less than five employees on payroll, 5% match of total request.5-10 employees on payroll, 10% match of total request.
10-20 employees on payroll, 15% match of total request.
20-50 employees on payroll, 20% match of the total request
More than 50 employees on payroll, 40% match of total request.
For example, I own Doug Dimmadome Diner and have two full-time employees and four part-time employees (equal to two FT employees). I will apply for a $95,000 grant for signage, window replacement, and plumbing upgrades, and I have a match of 5%, or $4,750.
https://www.cabq.gov/mra/mra-boutique-business-property-grants/renovate-reinvest/renovate-and-reinvest-property-improvement-match-grant-program-application/project-information/a-cash-match-is-required-match-is-based-on-the-total-number-of-employees-with-full-time-employees-counting-as-one-and-part-time-employees-counting-as-0-5-with-the-match-proportion-as-follows
https://www.cabq.gov/++theme++cabq-2020-plone-5-theme/img/abq_logo_1024.png
A cash match is required. Match is based on the total number of employees, with full-time employees counting as one and part-time employees counting as 0.5, with the match proportion as follows:
Less than five employees on payroll, 5% match of total request.5-10 employees on payroll, 10% match of total request.
10-20 employees on payroll, 15% match of total request.
20-50 employees on payroll, 20% match of the total request
More than 50 employees on payroll, 40% match of total request.
For example, I own Doug Dimmadome Diner and have two full-time employees and four part-time employees (equal to two FT employees). I will apply for a $95,000 grant for signage, window replacement, and plumbing upgrades, and I have a match of 5%, or $4,750.