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What is the difference between Tier 1 and Tier 2?

difference Tier
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What is the difference between Tier 1 and Tier 2?

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will be eligible for up to $5000 cost share and are required to submit the application, business plan and proof of funding. Tier 2 applicants will be eligible for up to $25,000 cost share and are required to submit a current year cash flow, 2 year projections, in addition to the application, business plan and proof of funding.

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