Small Capital PurchasesSmall Capital Purchases cover the acquisition and installation of a capital asset with a useful life of at least five years and do not involve modifications to real property. Examples are trucks, forklifts, vans, IT equipment, computer hardware, fixtures such as industrial refrigeration units, and solar panels. In Round of 2 of Small Purchases, the maximum award amount has changed to reflect the remaining available funding:If your annual operating budget is less than $500,000, the maximum grant amount is $100,000.If your annual operating budget is greater than $500,000, the maximum grant amount is $150,000.There will be a second round of funding for Large Capital Projects launching after this Small Purchases round closes. More details will be announced shortly. Returning Applicants If you have previously applied for a Small Purchase and would like your previous request copied over to update and submit for consideration in Round Two, please contact Rose Cervantes. Due to the current inflationary environment, you will need to obtain new bids/estimates for your proposed purchases regardless of a prior submission. The requested amount must also fit within the new maximum request amounts. |