(a) The corporation may make grants from the Indiana twenty-first century research and technology fund established under IC 5-28-16-2 to a district board established in:
- (1) the city of Lafayette; and
- (2) the city of Fort Wayne.
- (b) The total amount of grant money that a district board established in the city of Lafayette may receive during a state fiscal year may not exceed one million dollars ($1,000,000).
- (c) The total amount of grant money that a district board established in the city of Fort Wayne may receive during a state fiscal year may not exceed one million dollars ($1,000,000).
- (d) One hundred percent (100%) of grant money awarded to a district board under this section must be used by the district board for programs that support entrepreneurship, small business development, technology development, and innovation.
- (e) The corporation may develop guidelines, without complying with IC 4-22-2 , for awarding grants under this section.
As added by P.L.238-2017, SEC.4.