BUSINESS GROWTH ACCELERATOR (BGA)
PROPOSED PROGRAM BUDGET FORM
APPENDIX C
[Applicant Name]
2022-2023 Program Year
A. Complete the following Project Budget with as much detail as is currently available.
Lines items may be added or removed, based on individual program budgets
INCOME
FUNDING SOURCE
ESD
INCUBATOR
CASH
INCUBATOR
INKIND
OTHER
FUNDS
OTHER
FUNDS
PROGRAM
INCOME
TOTAL
Grant and Funding Match
$ 350,000
.00
$ 350,000
.00
Program Income
$ -
TOTAL INCOME
$ 350,000.00
$ -
$ -
$
-
$
$ 350,000.00
EXPENDITURES
PERSONNEL
(Please List Specific Titles). Clearly identify hourly
rates and the number of hours each personnel will
be budgeted for.
ESD
INCUBATOR
CASH
INCUBATOR
INKIND
OTHER
FUNDS
CASH
OTHER
FUNDS
INKIND
PROGRAM
INCOME
TOTAL
Salaries
$ -
Fringe Benefits
$ -
Contractual Services
$ -
Consultants (training)
$ -
Supplies/Materials
$
Participant Supplies
$
Insurance/Bonding
$
Audit
$
Legal
$ -
Equipment Rental
$ -
Real Estate Rental
$ -
Telephone
$ -
Utilities
$ -
Postage
$ -
Printing
$ -
Maintenance & Repair
$
Advertising
$ -
Internet Usage/Fees
$ -
Program Software
$ -
Data Processing/Comp. Serve
$ -
Total Personnel Costs
$ -
$ -
$ -
$
-
$
$ -
INDIRECT (Overhead Costs. Specifically Identify
"Other")
ESD
INCUBATOR
CASH
INCUBATOR
INKIND
OTHER
FUNDS
OTHER
FUNDS
PROGRAM
INCOME
TOTAL
OTHER:
$ -
OTHER:
$ -
Total Indirect Expenses
TOTAL EXPENSES
DIFFERENCE (Income less Expense)
$ -
$ -
$
-
$
$ -
*Miscellaneous is not an acceptable line item. All line items must be clearly stated.
B. ESDC funds must be matched on a 1 to .2 basis, using a combination of cash and In-kind.
In-kind contributions may not exceed 50% of matching funds.
C. Cash match may include a combination of any non-State source. Enrollment fees may not be used to meet the funding
match, as they are considered Program Income, but can be used to cover other program expenses.
D. Attach any commitment letter(s) or letter(s) of intent from each source of financing indicated (including
letter of intent from company).
If the organization is providing the match, a matching letter from the organization head is required.
E. If indirect funds or administrative cost are required as part of your budget, identify the intended use
for these funds.
