Sec. 14. The corporation shall provide grants on a competitive basis from the fund to businesses that apply for a grant under this chapter. The corporation may select and fund part or all of an application request that:

(1) is submitted during an application period; or

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Terms Used In Indiana Code 5-28-10-14

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • fund: refers to the technology development grant fund established by section 7 of this chapter. See Indiana Code 5-28-10-1
(2) was submitted in a prior application period but not fully funded in that application period.

As added by P.L.4-2005, SEC.34.