Sec. 9. (a) A development authority may submit an application to the corporation for a grant or loan from the fund.
(b) A successful applicant must meet the requirements of this section and be approved by the board. An application for a grant or loan from the fund must be made in a form prescribed by the board. An applicant shall provide all information that the board finds necessary to make the determinations required by this chapter.
(c) All applications for a grant or loan from the fund must include the following:
(1) A comprehensive development plan and timeline.
(2) A detailed financial analysis that includes the commitment of resources and a return on investment analysis.
(3) A demonstration of the regional and state impact that the grant or loan is expected to have.
(4) Any other information that the board considers appropriate.
(d) An applicant for a grant or loan from the fund may request that information that may be excepted from disclosure under IC 5-14-3 that is submitted by the applicant be kept confidential.
As added by P.L.237-2017, SEC.37.
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