Sec. 8. The corporation shall establish guidelines necessary to carry out the purposes of this chapter, including the following:

(1) The application process for applying for a voucher.

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Terms Used In Indiana Code 5-28-40-8

  • 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.
  • eligible small business: means a business entity that:

    Indiana Code 5-28-40-1

  • voucher: means a grant to an eligible small business to purchase research services from an Indiana institution of higher education or other authorized research provider. See Indiana Code 5-28-40-5
(2) The criteria to be used by the corporation to:

(A) evaluate a voucher application from an eligible small business; and

(B) determine the amount of a voucher award.

As added by P.L.158-2019, SEC.3.