Startup Funding Sample Clauses

Startup Funding. Honey Hill Bar & Grill start-up funds are summarized in the following table:  $35,000 SBA loan  $7,800 Investor  $7,500 Owner investment The additional capital is needed to fund salaries, inventory lags and other costs during the first months of the business year. Table: Startup Funding Startup Funding Startup Expenses to Fund $7,300 Startup Assets to Fund $43,000 Total Funding Required $50,300 Assets Non-cash Assets from Startup $33,000 Cash Requirements from Startup $10,000 Additional Cash Raised $0 Cash Balance on Starting Date $10,000 Total Assets $43,000 Liabilities and Capital Liabilities Current Borrowing $0 Long-term Liabilities $25,000 Accounts Payable (Outstanding Bills) $5,000 Other Current Liabilities (interest-free) $5,000 Total Liabilities $35,000 Capital Planned Investment Owner $7,500 Investor $7,800 Additional Investment Requirement $0 Total Planned Investment $15,300 Loss at Startup (Startup Expenses) ($7,300) Total Capital $8,000 Total Capital and Liabilities $43,000 Total Funding $50,300
Sample 1
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Startup Funding. At present ownership has invested financially and more heavily in sweat equity in an effort to start building a non-profit profile and gain exposure for its Mission and Vision. It is time for a physical presence and investors will be asked to support that initiative. Table: Startup Funding Startup Funding Startup Expenses to Fund $227,000 Startup Assets to Fund $23,000 Total Funding Required $250,000 Assets Non-cash Assets from Startup $10,000 Cash Requirements from Startup $13,000 Additional Cash Raised $0 Cash Balance on Starting Date $13,000 Total Assets $23,000 Liabilities and Capital Liabilities Current Borrowing $0 Long-term Liabilities $0 Accounts Payable (Outstanding Bills) $0 Other Current Liabilities (interest-free) $0 Total Liabilities $0 Capital Planned Investment Owner $0 Investor $0 Additional Investment Requirement $250,000 Total Planned Investment $250,000 Loss at Startup (Startup Expenses) ($227,000) Total Capital $23,000 Total Capital and Liabilities $23,000 Total Funding $250,000 8.2 Break-even Analysis‌ Table: Break-even Analysis Break-even Analysis Monthly Revenue Break-even $22,699 Assumptions: Average Percent Variable Cost 2% Estimated Monthly Fixed Cost $22,292 Chart: Break-even Analysis Surplus and Deficit Year 1 Year 2 Year 3 Funding $364,476 $437,371 $502,977 Direct Cost $6,540 $6,540 $6,540 Other Costs of Funding $6,540 $6,540 $6,540 Total Direct Cost $13,080 $13,080 $13,080 Gross Surplus $351,396 $424,291 $489,897 Gross Surplus % 96.41% 97.01% 97.40% Expenses Payroll $80,004 $82,404 $84,876 Marketing/Promotion $6,000 $5,000 $4,000 Depreciation $2,720 $2,720 $2,720 Rent $24,000 $24,000 $2,000 Utilities $7,200 $7,415 $7,640 Insurance $3,000 $3,150 $3,300 Payroll Taxes $12,001 $12,361 $12,731 Office Supplies $4,980 $4,500 $4,300 Vehicle Expense $2,220 $2,330 $2,450 Telecommunications $2,400 $2,470 $2,545 Project Inception Meetings $2,752 $2,752 $2,752 Workshops-Income Generation $4,047 $4,047 $4,047 Ebola & HIV/AIDS Workshops $8,360 $8,360 $8,360 School Construction $13,195 $13,195 $13,195 Construction-Water Xxxxx $17,472 $17,472 $17,472 Construction-Toilets $750 $750 $750 Unskilled Youth Training $4,977 $3,977 $3,977 Agriculture Programs $22,284 $22,284 $22,284 Small Ruminant Production $49,140 $49,140 $49,140 Total Operating Expenses $267,502 $268,327 $248,539 Surplus Before Interest and Taxes $83,894 $155,964 $241,358 EBITDA $86,614 $158,684 $244,078 Interest Expense $15,000 $15,000 $15,000 Taxes Incurred $0 $0 $0 Net Surplus $...
Sample 1
Startup Funding. For Maternal Life360s, start-up funds will be provided in two payments to be used for the cost of starting the DHS-approved program: The first payment shall be made upon the DMS approval of the application and the signing of this Agreement. The second payment shall be made upon the DMS approval of the readiness review and the signing of the Provider Agreement. The start-up funds shall be based strictly on the approved program budget (Exhibit 2) and be subject to any terms and conditions found in this Agreement as well as the applicable State and Federal laws. Any change or deviation from the approved budget must be submitted for approval to DMS prior to being implemented. Any deviations made to the budget without prior approval from DMS may subject the Life360 to sanctions, including, but not limited to, recoupment of the funds. The start-up funds may be used to cover the cost of staff, equipment, and supports identified in the selected applicant’s startup budget or otherwise approved by DMS. All expenditures of start-up funds are subject to audit. READINESS REVIEW After completion of the Start-up phase, a readiness review will be scheduled and conducted by DMS or its contractor to determine the selected applicant’s readiness to fully implement the Life360 program. During the Start-up Phase, DMS and the Life360 will meet at least monthly to assess progress toward readiness review. For the readiness review, DMS will schedule an onsite visit to each Life360 location once requirements in 3.4.4 are ready. Each Life360 must demonstrate that it is operationally ready to fulfill all Life360 requirements including: The ability to refer potential clients to enrollment broker for eligibility verification and accept eligible clients into the program; The ability to report required data to DMS in the format requested; A SDOH screening tool and the necessary staff training, a platform for capturing results, and a process for linking clients to resources and verifying clients accessed resources; Any other client assessment tools to be used by the program; A person-centered action plan (PCAP) template and plan for updating the PCAP regularly, at a minimum annually; Program staff and needed training; Fully executed community partner agreements; Referral network, agreements, and a process for accepting and transferring protected health information; The Life360 and its partners have a communication, outreach, and referral plan; and Fund controls to correctly submit payment ...
Sample 1
Startup Funding. The Mon Valley Aquaponics operation will use the startup funding in two phases. The first phase will be used to create an Opportunity Fund that will be used to fund our business startup. The second phase will be the execution of the Opportunity Funds to actually start the asset purchase process. Phase One:
Sample 1
Startup Funding. Our startup costs are as follows:  Logo - $30  Amazon Card Reader - $10  HoloView domain name - $8.17  Shirt/Business Cards - $29.39  SiteGround Web Hosting - $47.40  Acrylic - $83.25  3D Printing Filament - $18.99  Adhesive - $7.51
Sample 1

Related to Startup Funding

  • Program Funding Upon entry into force of this Compact, MCC will grant to the Government, under the terms of this Compact, an amount not to exceed Four Hundred Eight Million Eight Hundred Fifty Thousand United States Dollars (US$408,850,000) to support the Program (“Program Funding”). The allocation of Program Funding is generally described in Annex II to this Compact.

  • Per-pupil Funding The School's non-facility general fund per-pupil funding shall be as defined in Sec. 302D-28, HRS. The Commission shall distribute the School's per-pupil allocation each fiscal year pursuant to Sec. 302D-28(f), HRS, and shall provide the School with the calculations used to determine the per-pupil amount each year. All funds distributed to the School from the Commission shall be used solely for the School's educational purposes as appropriated by the Legislature, and the School shall have discretion to determine how such funding shall be allocated at the school level to serve those purposes subject to applicable laws and this Contract.

  • Fiscal Funding Notwithstanding any other provision of this agreement, the parties hereto agree that the charges hereunder are payable to the Contractor by the District solely from appropriations received by District. In the event such appropriations are determined by the Chief Financial Officer/Comptroller of the District to no longer exist or to be insufficient with respect to the charges payable hereunder, this Agreement shall immediately terminate without further obligation to the District upon notice that such appropriations no longer exist and are insufficient. If this Agreement is so terminated, then the District shall only pay Contractor for goods and/or services provided by Contractor and accepted by the District up to, through, and including the date of termination. Following the termination of this Agreement under this Section, the parties’ duties to one another shall cease except for those obligations that shall survive the termination of this Agreement, including, but not limited to, the District’s payment obligations for goods and/or services accepted by the District before the date of termination, and the Contractor’s duties to insure and/or indemnify the District and to cooperate with any audit. Termination of this Agreement pursuant to this Section shall not limit either of the parties’ remedies for any breach of this Agreement.

  • Formula Funding Funding equivalent to the level of funding which would be provided through the funding formula of the LA to a maintained school which had all of that Academy's relevant characteristics, including its number of pupils;

  • Supplemental Funding Unless otherwise defined by program rules, Supplemental Funding is the award of additional funds to provide for an increase in costs due to unforeseen circumstances. The State will comply with all Federal program agency policies and procedures for requesting supplemental grant funding. The State will comply with the following guidelines when requesting supplemental funding for the Medical Assistance Program and associated administrative payments (CFDA 93.778): The State must submit a revised Medicaid Program Budget Report (CMS-37) to request supplemental funding. The CMS guidelines and instructions for completing the CMS-37 are provided in Section 2600F of the State Medicaid Manual (SMM). The CMS/CO must receive the revised Form CMS-37 through the Medicaid Budget Expenditure System/Children's Budget Expenditure System (MBES/CBES) no later than 10 calendar days before the end of the quarter for which the supplemental grant award is being requested. Additional guidance on this policy is available from the respective CMS Regional Office, U.S. Department of Health & Human Services. The State will comply with the following guidelines when requesting supplemental funding for TANF (CFDA 93.558), CCDF (CFDA 93.575), CSE (93.563), and the FC/AA (CFDA 93.658 and CFDA 93.659) programs administered by the U.S. Department of Human Services, Administration for Children and Families (HHS/ACF):

  • State Funding (a) This Contract shall not be construed as creating any debt on behalf of the State of Texas and/or the GLO in violation of Article III, Section 49, of the Texas Constitution. In compliance with Article VIII, Section 6, of the Texas Constitution, it is understood that all obligations of the GLO hereunder are subject to the availability of state funds. If such funds are not appropriated or become unavailable, the GLO may terminate this Contract. In that event, the Parties shall be discharged from further obligations, subject to the equitable settlement of their respective interests, accrued up to the date of termination.

  • Additional Funding If the General Partner determines that it is in the best interests of the Partnership to provide for additional Partnership funds (“Additional Funds”) for any Partnership purpose, the General Partner may (i) cause the Partnership to obtain such funds from outside borrowings, or (ii) elect to have the General Partner or any of its Affiliates provide such Additional Funds to the Partnership through loans or otherwise.

  • Other Funding It may be appropriate for funding to be provided to the awardee by other organizations, including Federal agencies in support of their missions or in support of mission-related staff research. It is also recognized that it may be appropriate for personnel or facilities to be used for other NSF and non-NSF projects that are deemed consistent with the scope of the federal award. Such activities, however, must be coordinated in advance with NSF and not impact negatively on NSF sponsored activities to be performed under the award. Accordingly:

  • Project Funding 8.1 The Project Funding for completion of this PFA is as follows:

  • Payment of Funding 5.1 Payments will be made after written request to FFG in accordance with the following payment plan: 1st instalment after conclusion of the Funding Agreement EUR xx 2nd instalment after the end of the reporting period xx.xx.20xx EUR xx 3rd instalment after the end of the reporting period xx.xx.20xx EUR xx 4th instalment after the end of the reporting period xx.xx.20xx EUR xx Final instalment after final approval by FFG EUR xx

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