Indiana § 5-28-34-4 Application for grants or loans

Indiana Statutes

§ 5-28-34-4 — Application for grants or loans

Indiana § 5-28-34-4

Title 5STATE AND LOCAL ADMINISTRATION

Art. 28INDIANA ECONOMIC DEVELOPMENT

Ch. 34Green Industries Fund

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Bluebook

Ind. Code § 5-28-34-4 (2026).

Text

(a)An Indiana manufacturing company may apply for one (1) or more grants or loans from the fund.

(b)The corporation shall give priority to applications that meet three

(3)or more of the purposes listed in section 3 of this chapter. The corporation shall base the award of a grant or loan on the number and quality of jobs being created, the community's economic need, and the capital investment being made by the applicant.

(c)A grant may not exceed fifty percent (50%) of the applicant's project costs.

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(a) An Indiana manufacturing company may
apply for one (1) or more grants or loans from the fund.
(b) The corporation shall give priority to applications that meet three
(3) or more of the purposes listed in section 3 of this chapter. The
corporation shall base the award of a grant or loan on the number and
quality of jobs being created, the community's economic need, and the
capital investment being made by the applicant.
(c) A grant may not exceed fifty percent (50%) of the applicant's
project costs.