5-28-21-8. Award of Grants, Loans, and Loan Guarantees; Criteria

Sec. 8. The corporation shall award grants, loans, and loan guarantees based on the following criteria: (1) The ability of the applicant to comply with section 19 of this chapter. (2) The economic impact of the incubator on the community. (3) Conformance with any areawide and local economic development plans. (4) The location of the […]

5-28-21-9. Use of Grants and Loans

Sec. 9. Grants and loans awarded or guaranteed under this chapter may be used only for the following purposes, when necessary for the creation and operation of an incubator: (1) The acquisition and leasing of land and existing buildings. (2) The construction or rehabilitation of buildings or other facilities. (3) The purchase of equipment and […]