[Code of Federal Regulations]
[Title 13, Volume 1]
[Revised as of January 1, 2001]
From the U.S. Government Printing Office via GPO Access
[CITE: 13CFR308.4]

[Page 502]
 
                TITLE 13--BUSINESS CREDIT AND ASSISTANCE
 
CHAPTER III--ECONOMIC DEVELOPMENT ADMINISTRATION, DEPARTMENT OF COMMERCE
 
PART 308--REQUIREMENTS FOR ECONOMIC ADJUSTMENT GRANTS--Table of Contents
 
                           Subpart A--General
 
Sec. 308.4  Selection and evaluation factors.

    (a) Projects will be selected in accordance with part 304 of this 
chapter and the additional criteria as provided in subsections (b) and 
(c), as applicable.
    (b) Strategy grants. EDA will, as appropriate, review strategy grant 
applications for assurances that the proposed activities will conform to 
the CEDS requirements in Sec. 303.3 of this chapter.
    (c) Implementation Grants. (1) EDA will review implementation grant 
applications for the extent to which,
    (i) If appropriate, strategy meets the CEDS requirements in 
Sec. 303.3 of this chapter.
    (ii) The proposed project is identified as a necessary element of or 
consistent with the strategy.
    (2) Revolving Loan Fund (RLF) Grants. For applicants asking to 
capitalize or recapitalize an RLF, EDA will review the application for:
    (i) The need for a new or expanded public financing tool to enhance 
other business assistance programs and services targeting economic 
sectors and/or locations described in the strategy;
    (ii) The types of financing activities anticipated;
    (iii) The capacity of the RLF organization to manage lending, create 
networks between the business community and other financial providers, 
and contribute to the adjustment strategy; and
    (iv) Use of in-kind match. When in-kind match is included in a 
project, such match will be used for borrower technical assistance or 
general RLF administrative costs (e.g. the training of new RLF staff).
    (d) Additional criteria, or priority consideration factors for 
assistance, may be set forth in a NOFA.

[64 FR 5429, Feb. 3, 1999, as amended at 64 FR 69879, Dec. 14, 1999; 65 
FR 2532, Jan. 18, 2000; 65 FR 71025, Nov. 28, 2000]

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