- (a) Grants shall be funded from the technology workforce development account in the general revenue fund and may include both money and in-kind contributions accepted by the Comptroller.
- (b) Grants shall be for a period of no longer than three years.
- (c) Grants shall be made to eligible institutions.
- (d) After making a finding that an institution has failed to perform or failed to conform to grant conditions, the Commissioner may retract or reduce a grant.
- (e) Grants must be used to fund new projects or activities or the expansion of existing activities. Grants may not be used to replace current funding for an existing project or activity.
- (f) An eligible private or independent engineering institution must match the amount of the grant with an equal amount of contributions made by that institution for the project or activity for which the grant is awarded.
Source Note:The provisions of this §13.195 adopted to be effective February 27, 2002, 27 TexReg 1328.