5-28-16-1. “Fund”

Sec. 1. As used in this chapter, “fund” refers to the Indiana twenty-first century research and technology fund established by section 2 of this chapter. As added by P.L.4-2005, SEC.34.

5-28-16-2. Fund Established; Purpose; Administration; Budget Committee Review of Programs, Initiatives, and Investment Policies; Reporting Requirements; Budget Agency Review and Approval of Available Funding

Sec. 2. (a) The Indiana twenty-first century research and technology fund is established within the state treasury to provide grants or loans to support proposals for economic development in one (1) or more of the following areas: (1) To increase the capacity of Indiana postsecondary educational institutions, Indiana businesses, and Indiana nonprofit corporations and organizations […]

5-28-16-3. Application for Grant or Loan From Fund

Sec. 3. (a) This section does not apply to a district board (as defined in IC 5-28-15.5-1(2)) that is an applicant for a grant under section 2(a)(5) of this chapter. (b) An application requesting a grant or loan from the fund must be targeted to one (1) or more of the areas listed in section […]

5-28-16-4. Powers and Duties of Board; Reporting

Sec. 4. (a) The board has the following powers: (1) To accept, analyze, and approve applications under this chapter. (2) To contract with experts for advice and counsel. (3) To employ staff to assist in carrying out this chapter, including providing assistance to applicants who wish to apply for a grant or loan from the […]

5-28-16-5. Administrative Expenses

Sec. 5. The corporation may use money in the fund to cover administrative expenses incurred in carrying out the requirements of this chapter. As added by P.L.4-2005, SEC.34. Amended by P.L.145-2016, SEC.18.

5-28-16-6. Annual Report

Sec. 6. The corporation shall include the following information concerning fund activity in the economic incentives and compliance report submitted under IC 5-28-28: (1) The name of each entity receiving a grant from the fund. (2) The location of each entity sorted by: (A) county, in the case of an entity located in Indiana; or […]