CBGI – Piedmont-Triad Prosperity Zone

Counties from the Piedmont-Triad Prosperity Zone are invited to participate in our Community-Based Grants Initiative (CBGI). The process is competitive, but organizations from all counties within the Prosperity Zone will have an opportunity to apply. 

The counties in the Piedmont-Triad Prosperity Zone are Alamance, Caswell, Davidson, Davie, Forsyth, Guilford, Randolph, Rockingham, Stokes, Surry, Yadkin.

The CBGI is designed to identify projects with the potential to have a significant impact. It is a focused process with grants targeted toward investments in the building blocks of economic growth. Funds are limited to projects that address job creation and economic investment, agriculture, and workforce preparedness.

The Golden LEAF Foundation Board of Directors will consider applications from the Piedmont-Triad Prosperity Zone at their February 2024 meeting.

Available Funds

A total of $11m is available to support projects in the region. Awards are limited to no more than three projects in any county and may total no more than $1.5 million in any county. Not all proposals will be funded and there is no assurance that there will be a funded project in every county. Funds may also be awarded for regional projects (see information below), which will not count toward the limit of projects in a county, but regional projects are funded through the overall $11 million program budget.

Eligible Entities

Applicants must be 501(c)(3) organizations or governmental entities (county and municipal governments, community colleges, universities, etc.) Funds do not have to be administered or implemented by the county government.

Process

County managers serve a key role in the process. Each county manager will submit projects for feedback by Golden LEAF and later endorse a slate of up to four projects for consideration. Each county will determine how to identify which projects will be endorsed for this initiative. Only projects that have been endorsed will be eligible to submit an application for consideration by the Golden LEAF Board of Directors.

As of October, this process is complete and eligible projects have been invited to submit an application.

Regional Projects

Eligible entities may submit regional projects for consideration. Regional projects are not subject to the county manager endorsement process but must reach out to discuss with Golden LEAF staff to ensure the project meets the eligibility requirements for regional projects. 

Regional projects must meet all of the following criteria:

• Collaboration of entities in at least three counties 
• Collaboration outside of traditional service area