individual | Application Preview
The grant application outlines a business plan focused on acquiring properties through tax lien sales, auctions, and county sales. Funds will be allocated for purchasing renovation materials, hiring vendors for home repairs, covering realtor and county fees, as well as fuel and permit costs.
The applicant aims to establish a general contracting firm in Madison County, Alabama. This involves forming relationships with vendors, applying for credit, engaging contractors, securing necessary insurance, and obtaining a storefront. The goal is to enhance local employment by training residents and fostering economic growth through job creation and tax contributions to the community.
The applicant points to a lack of competitors utilizing government funding to strengthen local infrastructure. Their competitive advantage stems from extensive experience in navigating building codes and safety regulations, particularly with the newly adopted 2018 building code. Their knowledge of current technologies in construction will further support the business’s initiatives.
In summary, the application emphasizes community improvement, job creation, and an understanding of the local construction landscape as key reasons for granting funding.
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General Information
Business Registration Number: individual
Location: Rancho Santa Margarita, CA, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: $500k to $1M
Annual Gross Expense: $250k to $500k
Open to Loans: YES
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Funding Usage
Acquiring properties, by means of Tax lien sales, auctions, county sales. Renovation materials, requisitioning of vendors to repair said homes, realtor fee, county fees, fuel cost, permits...
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Business Plan
After becoming acquainted with vendors, apply for credit thru agencies, enlist the use of contractors, secure liability insurance, workers compensation, employ the most common tradesman for renovations, purchase vehicles and equipment thru auctions, secure a store front, become licensed in the Madison County Alabama area, then conduct business as a General Contractor firm in Alabama. As a community advocate and Madison co Alabama business, i will employ and train residence creating employment opportunity, and strengthen the financial economy. My business supports the financial stability of Madison County Alabama in the sense of taxes paid and supports the wages of the public servants who also work in the community.
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Self Identified Competition
I am unaware of any competitors who are poised to utilize government funding as a means of strengthing Madison County infrastructure. I have experience with changing building codes throughout my career as tradesman, and construction manager, with experience in safety. The 2018 building code is newly adopted in the area, due to the industry change and the areas facilitating Aero Space technology. I have the experience of the new technology used in residential and commercial building trades, training and acquiring the materials.
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Contact Applicant
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