(1) expand employment opportunities in the State by providing financial assistance to businesses that are engaged in eligible industry sectors, including financial assistance for:
- (i) aquaculture projects;
- (ii) arts and entertainment enterprises;
- (iii) arts and entertainment projects; and
- (iv) creation and expansion of child care facilities;
- (2) provide financial assistance for the redevelopment of qualified brownfields sites;
- (3) provide financial assistance to local governments and the Corporation for economic development projects; and
- (4) provide grants to local economic development funds.
The purposes of the Fund are to:
Added by Acts 2008, c. 306, § 2, eff. Oct. 1, 2008. Amended by Acts 2012, c. 429, § 1, eff. Oct. 1, 2012.