1. A. LED will consider various factors when determining which applications will be funded. Among the factors which may be taken into consideration are the following;

   1. 1. nominations of eligible small businesses recommended by REAL;
   2. 2. disbursing of funding statewide;
   3. 3. number of employees to be relocated to Louisiana;
   4. 4. nature of industry;
   5. 5. nature of business entity created in Louisiana, i.e. whether original out of state entity is dissolved, or reorganized and merged into a new Louisiana entity, or whether registering as a foreign entity authorized to do business in Louisiana.
   6. 6. availability of funding; and
   7. 7. best interests of the state.

Authority Note

AUTHORITY NOTE: Promulgated in accordance with R.S. 36:104 and 51:2402.

Historical Note

HISTORICAL NOTE: Promulgated by the Department of Economic Development, Office of the Secretary, LR 49:1033 (June 2023).