addressed; 2) an analysis of the economic sectors that constitute the community's economic base, including particular strengths and weaknesses that contribute to or detract from a community's current and potential economic competitiveness; 3) strategic objectives that focus on stimulating investment in new and/or existing economic activities that offer good prospects for revitalization and growth; and 4) identified resources and plans for coordinating such resources to implement the overall strategy. The proposed project must also be identified as a necessary element of or consistent with the strategy. Revolving Loan Fund Grants: 1) The need for a new or expanded public financing tool to enhance other business assistance programs and services targeting economic sectors and/or locations described in the strategy; 2) the types of financing activities anticipated; and 3) the capacity of the RLF organization to manage lending, create networks between the business community and other financial providers, and contribute to the adjustment strategy. 247 Economic Development_Technical Assistance 248 opportunities, and expand organizational capacity for economic development. Credentials/Documentation: No rigid requirements are required. Articles of incorporation charters for nonprofit organizations and certificates of good standing, issued by the State in which the organization is
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