1. (a) Reimbursement for booth rental fees incurred by a small business concern under section 7 of this chapter for participation in one (1) trade show or trade mission may not exceed the lesser of:

   1. (1) five thousand dollars ($5,000); or
   2. (2) the amount determined in subsection (b).

2. (b) The amount to be used in subsection (a)(2) is the amount determined under the following STEPS:

   STEP ONE: Determine the total booth rental fees incurred by the small business concern under section 7 of this chapter.

   STEP TWO: Subtract from the amount determined in STEP ONE any amounts received by the small business concern from a trade show promotion program or trade mission program, other than the program established by this chapter.

3. (c) The maximum financial assistance that may be provided to a small business concern during a state fiscal year may not exceed ten thousand dollars ($10,000).

As added by P.L.4-2005, SEC.34.