164.6033 Limitations upon project funding in the Kentucky Rural Innovation Program. - Kentucky Statutes

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Page 1 of 1 164.6033 Limitations upon project funding in the Kentucky Rural Innovation Program. Project funding in the Kentucky Rural Innovation Program shall have the following
limitations:
(1) Award funds shall be used as seed funding as defined in KRS 164.6011;
(2) Award funds may be used for those entrepreneurial training topics specified in KRS 154.01-750(4), if they meet particular objectives of a qualified company as
delineated in the project application; and (3) The amount of a fund award to a qualified company shall not exceed fifty thousand dollars ($50,000) each year for two (2) years, equal to a maximum of one hundred
thousand dollars ($100,000). Effective: July 15, 2002
History: Amended 2002 Ky. Acts ch. 230, sec. 35, effective July 15, 2002. -- Created 2000 Ky. Acts ch. 522, sec. 12, effective July 14, 2000.