Grant types
Grants will be granted to the following:
· Individuals
· Co-operatives
· Community Development Facilitation Projects
Service Delivery Standards
· The grant applications will be processed at a branch within 30 working days
· Disbursement for approved will be processed at the Head Office within 30 working days
Credit Checks
· The NYDA shall conduct credit checks for all grant applications for funding.
· A grant applicant who is under debt administration shall not be considered for funding.
Branch Grant Approval and Review Committee (BGARC) Decision
· The decision of BGARC are final and binding on the applicant
· The applicant cannot appeal the decision of the BGARC, however they can re-apply for grant funding
Branding of Funded Enterprises
· NYDA reserves the right to use NYDA logo as branding whenever NYDA provides grant to any party.