Tuesday, June 16, 2009

Who Was Approved?

This is the breakdown according to the state:

  • They received 1,054 TERP grant applications.
  • 806 applications met the specified criteria to be considered for funding.
  • 217 of those were offered TERP grants.
  • 106 others were held as contingency options.

That means there are 106 applications essentially on hold and they will be funded as any of the 217 approvals decide to decline their grant.

Although I don't have the exact breakdown for the last few years I'm pretty confident the percentage of funded applications took a dive this time.

This round was not one of the larger ones in terms of dollars available and as interest has grown so has the level of competition. Having more requests than money will do that.

Congratulations to those who received approval.

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