13 CFR 301.10 - Formal application requirements.

§ 301.10 Formal application requirements. Link to an amendment published at 79 FR 76127, Dec. 19, 2014.
Each formal application for EDA Investment Assistance must:
(a) Include evidence of applicant eligibility (as set forth in§ 301.2) and of economic distress (as set forth in § 301.3);
(b) Identify the sources of funds, both eligible federal and non-EDA, and In-Kind Contributions that will constitute the required Matching Share for the Project (see the Matching Share requirements under § 301.5); and
(c) For construction Projects underparts 305 or 307 of this chapter, include a CEDS acceptable to EDA pursuant to part 303 of this chapter or otherwise incorporate by reference a current CEDS that EDA approves for the Project. The requirements of the preceding sentence shall not apply to:
(1) Strategy Grants, as defined in§ 307.3 of this chapter; and
(2) Projects located in a Region designated as a Special Impact Area pursuant topart 310 of this chapter.
[75 FR 4263, Jan. 27, 2010]
Effective Date Note:
At 79 FR 76127, Dec. 19, 2014, § 301.10 was amended by revising paragraphs (b), (c) introductory text, and (c)(2) and adding paragraph (d), effective Jan. 20, 2015. For the convenience of the user, the added and revised text is set forth as follows:
§ 301.10 Formal application requirements.
(b) Identify the sources of funds, both eligible Federal and non-EDA, and In-Kind Contributions that will constitute the required Matching Share for the Project (see the Matching Share requirements under § 301.5); and
(c) For Projects underparts 305 or 307 of this chapter, include a CEDS acceptable to EDA pursuant to part 303 of this chapter or otherwise incorporate by reference a current CEDS that EDA approves for the Project. The requirements stated in the preceding sentence shall not apply to:
(2) A Project located in a Region designated as a Special Impact Area pursuant topart 310 of this chapter.
(d) Projects that propose the construction of a business, technology, or other type of incubator or accelerator, must include a feasibility study demonstrating the need for the Project and an operational plan based on industry best practices demonstrating the Eligible Applicant's plan for ongoing successful operations. EDA will provide further guidance in the applicable FFO. EDA may require the Recipient to demonstrate that the feasibility study has been conducted by an impartial third party, as determined by EDA.

Title 13 published on 2015-01-01.

No entries appear in the Federal Register after this date, for 13 CFR Part 301.