Indiana § 5-28-21-8 Award of grants, loans, and loan guarantees; criteria

Indiana Statutes

§ 5-28-21-8 — Award of grants, loans, and loan guarantees; criteria

Indiana § 5-28-21-8

Title 5STATE AND LOCAL ADMINISTRATION

Art. 28INDIANA ECONOMIC DEVELOPMENT

Ch. 21Small Business Incubator Program

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Bluebook

Ind. Code § 5-28-21-8 (2026).

Text

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 incubator, in order to encourage geographic distribution of incubators throughout Indiana.

(5)Other criteria established by the corporation.

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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 incubator, in order to encourage
geographic distribution of incubators throughout Indiana.
(5) Other criteria established by the corporation.