<?xml version='1.0' encoding='utf-8'?>
<regulation prefix="Regulation" num=".02" citation="COMAR 14.04.10.02" title_num="14" subtitle_num="04" chapter_num="10" heading="Eligibility.">
  <paragraph num="A.">
    <text>Eligibility Criteria. TEDCO may make an award to an applicant, if TEDCO determines the applicant meets all of the following criteria:</text>
    <paragraph num="(1)">
      <text>The applicant is a public, nonprofit, or private entity in the State, including institutions of higher education and public-private partnerships;</text>
    </paragraph>
    <paragraph num="(2)">
      <text>The applicant’s proposed project is primarily focused on workforce development or infrastructure in the State;</text>
    </paragraph>
    <paragraph num="(3)">
      <text>The applicant shall use the award proceeds and the leveraged funds in the State;</text>
    </paragraph>
    <paragraph num="(4)">
      <text>The applicant shall have secured verified funding commitments from the private sector, federal sources, and other sources of funding in an amount to be approved by TEDCO, the receipt of which by the applicant shall be a condition of disbursing the TEDCO funds; and</text>
    </paragraph>
    <paragraph num="(5)">
      <text>The applicant’s proposal shall be consistent with the 10-year goals in the strategic plan developed by the Commission.</text>
    </paragraph>
  </paragraph>
  <paragraph num="B.">
    <text>Verification of Information Submitted to TEDCO. An applicant shall verify, in a form approved by the Office of the Attorney General, the information the applicant submits to TEDCO in an application for an award.</text>
  </paragraph>
</regulation>