Sec. 8. (a) Reimbursement for booth rental fees incurred by a small business concern under section 7 of this chapter for participation in one (1) trade show or trade mission may not exceed the lesser of:

(1) five thousand dollars ($5,000); or

Terms Used In Indiana Code 5-28-14-8

  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • small business concern: means a small business concern as defined in 15 U. See Indiana Code 5-28-14-2
  • trade mission: means a planned tour of business locations, all of which are:

    Indiana Code 5-28-14-3

  • trade show: means an exhibition, an exposition, or a fair:

    Indiana Code 5-28-14-4

(2) the amount determined in subsection (b).

     (b) The amount to be used in subsection (a)(2) is the amount determined under the following STEPS:

STEP ONE: Determine the total booth rental fees incurred by the small business concern under section 7 of this chapter.

STEP TWO: Subtract from the amount determined in STEP ONE any amounts received by the small business concern from a trade show promotion program or trade mission program, other than the program established by this chapter.

     (c) The maximum financial assistance that may be provided to a small business concern during a state fiscal year may not exceed ten thousand dollars ($10,000).

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

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