(a) The department will provide assistance to businesses applying for a new business incentive grant by providing the following:
- (1) information, forms, and other material as required to apply for a grant under this chapter;
- (2) available data and information on the region's economy.
(b) The department will
- (1) review and process applications for grants under the new business incentive program and render a determination within 60 days after the department receives a complete application; and
- (2) supervise and monitor a grantee's use of grant money.
(Eff. 6/11/2000, Register 154)
Authority: AS 45.81.010, AS 45.81.020, AS 45.81.030