Sec. 16. A capital expenditure grant under this chapter shall require that the lesser of:
(1) two million dollars ($2,000,000); or
(2) fifty percent (50%) of the total capital costs;
of the project being funded by the grant be matched from other sources.
As added by P.L.4-2005, SEC.34.
Structure Indiana Code
Title 5. State and Local Administration
Article 28. Indiana Economic Development Corporation
Chapter 10. Technology Development Grant Fund
5-28-10-2. "Political Subdivision"
5-28-10-3. "Redevelopment Commission"
5-28-10-4. "Targeted Employment"
5-28-10-6. "Technology Product"
5-28-10-7. Establishment and Purpose of Fund
5-28-10-8. Appropriations From General Assembly
5-28-10-9. Administration of Fund
5-28-10-10. Investment of Money in Fund
5-28-10-12. Establishment of Grant Application Procedure
5-28-10-13. Qualification for Grant
5-28-10-14. Provision of Grants
5-28-10-15. "Operating Expenditures"; Amount and Use of Grants