Idaho Gem Grant Program

Idaho Gem Grant Program is sponsored by Idaho Department of Commerce. The Idaho Gem Grant Program supports rural communities in economic development initiatives that aim to enhance job creation. Awards are limited to the hard implementation costs of economic development projects.

Please help us improve our site! Idaho Admin. Code r.

28. 02. 03.

150 - IDAHO GEM GRANT (IGG) PROGRAM Program Intent . The intent of this program is to fund community development projects of rural communities for the purpose of improving the local economy, retaining or creating jobs, promoting the community for economic development and tourism, and assisting business expansion and diversification. Eligible Applicants .

Idaho rural communities under ten thousand (10,000) persons and other Idaho rural communities at the discretion of the Director of the Department of Commerce are eligible to apply for IGGs up to a maximum of fifty thousand dollars ($50,000). IGGs to city and county governments may be administered by their designees as established by formally adopted resolutions. Review of Applications .

The Department's Director, in his sole discretion, makes all IGG awards. The Director may make grant awards at any time the Director determines it necessary to take advantage of special opportunities that further the primary objectives of the IGG Program. Matching Funds .

This grant requires a minimum of twenty percent (20%) matching funds of either cash or in-kind donations for the total amount of IGG funds received. Matching funds can be comprised of any combination of cash and in-kind donations and must meet conditions specified in the program guidelines. Distribution of Funds .

Grantees receive payment of IGG funds on a cost reimbursement basis. Grant payment procedures will be established in the program guidelines. The Department will reimburse allowable costs up to the maximum grant amount for which both receipts and matching funds documentation have been provided.

The grantee is responsible for any discrepancies in documentation. Eligible Expenses . Eligible expenses are specified in program guidelines.

Ineligible Expenses . Funds may not be used for: a. Payroll costs for city, county, development corporation or other community agencies.

b. Real property acquisition. Construction, rehabilitation, or operation of schools, general government facilities, jails or state facilities.

c. Administrative costs. Expenses related to administering the grant will not be reimbursable to the grantee from grant funds.

Bid Process . Grantees must contact a minimum of three (3) vendors for quotes or bids for the purchase of goods or services over twenty-five thousand dollars ($25,000). Prior to reimbursement for such costs, the following information must be submitted to the Department: a.

Item or service purchased. A detailed description of the item or service purchased or to be purchased. b.

Bid verification. Written documentation of three (3) or more businesses or vendors contacted by IGG grantees for bids or quotes listing the businesses or vendors contacted and indicating their response, and a list of all businesses or vendors contacted whether or not a response was received. c.

Reasons for selection. Grantees justification for the business or vendor selected. Idaho Admin.

Code r. 28. 02.

03. 150 State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release.

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