§ 37-141-51. Establishment; purpose
There is hereby created the Regional Initiatives Program within the University Research Center as created by Section 37-141-1 et seq. The program shall provide financial assistance to counties through grants to substate economic development organizations or an aggregate of such organizations to carry out specific projects that will augment the objectives and strategies of the […]
§ 37-141-53. Application for funding
Applications for financial assistance shall be made to the University Research Center. Applicants may request up to seventy-five percent (75%) of the total projects cost. The applicant shall provide at least twenty-five percent (25%) of the total cost, twelve and one-half percent (12-1/2%) of which may be in in-kind funding.
§ 37-141-55. Criteria for funding
No request for funds shall be granted unless the project will have a positive economic impact on at least an entire county. No funding provided by the University Research Center shall be used to fund operating costs.
§ 37-141-57. Promulgation of rules and regulations
The University Research Center shall develop rules and regulations necessary to carry out the provisions of this chapter.