General Conditions
1 The business trading address of the company must be located within the
Hambleton district and preferably also the private address of the principal of the
business.
2 The project must demonstrate it has a direct benet to the graduate.
3 Approval must be gained prior to eligible expenditure being undertaken and may be
subject to specic conditions deemed appropriate by the district council. All grant
applications will be submitted to a panel for approval - any monies spent before
approval are at the applicants own risk.
4 In cases where businesses or individuals have outstanding debts to HDC, payment
of funding will be withheld until these accounts are cleared.
5 The applicant must be able to demonstrate that they have secured any necessary
permission or licenses required before any grant money is released - copies of these
will be required as evidence when a claim is made.
6 The business must match fund the grant on a 75/25 basis, with the business
contributing 25%.
7 Applicants who receive a grant will be expected to allow ofcers of the council
access to inspect items that have been the subject of aid, at reasonable notice, or
provide such other information as may be considered necessary in order to monitor
the effectiveness of the grant in generating new employment.
8 After a period of three months and up to 12 months depending on the project, the
council will ask the recipient to make a brief progress report on the use made of the
grant and how the business has faired in meeting the goals and objectives specied
in the original application.
9 If the graduate placement is terminated mid-term, for whatever reason, the
business will be liable to return on a pro rata basis the wage subsidy or support
grant offered based on the remaining percentage of the internship period
remaining.
Please read the guidance notes before completing this
form - for
more information call the Business and Economy
Team on 01609 767058.
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