95-592 C.M.R. ch. 701, § 4 - ELIGIBILITY

Current through 2022-14, April 6, 2022

To be eligible to receive an investment from the Funds an applicant must meet each of the criteria in A-C below:

A. Must be engaged in or involve at least one of the following:
1. Marine Sciences
2. Biotechnology
3. Manufacturing
4. Export of goods or services to locations outside the State or activities that result in significant amounts of capital being imported into the State
5. Software development
6. Provision or development of environmental services or technologies
7. Provision or development of financial or insurance products or services
8. Production of value-added goods from natural resources
9. Other enterprises that the Board determines will further the purposes and intent of the program, including, but not limited to, retail sales, tourism and agricultural production.
B. The qualifying small business must demonstrate that it has the potential for high growth and that it will provide public benefit.
C. The qualifying small business must provide evidence of its need for financial assistance from the fund to realize its projected growth and achievement of public benefit.


95-592 C.M.R. ch. 701, § 4

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