- (a) An eligible regional economic acceleration and development organization may submit an application to the corporation for a grant or loan from the fund.
- (b) An application for a grant or loan from the fund must be made on an application form prescribed by the board.
- (c) An applicant shall provide all information required by this chapter.
(d) All applications for a grant or loan from the fund must include a regional economic acceleration and development strategy that complies with the requirements of a policy established under section 16 of this chapter and contain at least the following:
- (1) A comprehensive development plan and timeline.
- (2) A detailed financial analysis that includes the commitment of resources and a return on investment analysis.
- (3) A demonstration of the expected impact of the grant or loan on the region and state.
- (4) Any other information the board considers appropriate.
- (e) An applicant for a grant or loan from the fund may request that information that may be excepted from disclosure under IC 5-14-3 that is submitted by the applicant be kept confidential.
As added by P.L.165-2021, SEC.64.