Iowa Administrative Rules (Last Updated: December 07, 2016) |
Department 261. Economic Development Authority |
Chapter 106. SMALL BUSINESS INNOVATION RESEARCH AND TECHNOLOGY TRANSFER OUTREACH PROGRAM |
Section 261.106.6. Eligibility requirements.
Latest version.
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In order to be eligible for financial or technical assistance under the program, an applicant must meet the following requirements:
106.6(1) The business must be an innovative business.
106.6(2) The business must have a reasonable likelihood of receiving SBIR/STTR grant funds, must be likely to stimulate subsequent investment by industry, venture capital, and other sources, and must be likely to commercialize some promising technology.
[ARC 0611C, IAB 2/20/13, effective 3/27/13]