Current through November, 2024
Section 15-32-5 - Eligibility requirementsAny business applying for a grant shall meet all of the following qualifications:
(1) Either: (A) Receive an SBIR or STTR phase I, phase II, or phase III award and furnish appropriate documentation as determined by the development corporation that the award has been made; or(B) Apply for an SBIR or STTR federal grant and furnish appropriate documentation as determined by the development corporation that the application has been made; (2) Conduct the SBIR or STTR phase I program activities and any related SBIR or STTR phase II program activities in the State. The SBIR or STTR program activities must be in progress at some time during the calendar year in which the grant is awarded;(3) Agree that if selected for an SBIR or STTR Phase II award, it will continue to perform the program activities in the State, and that if selected for an SBIR or STTR Phase III award, it will maintain its principal place of business and conduct a substantial portion of its operations in the State;(4) Either be incorporated under the laws of the State, or be registered to do business in the State;(5) Has bylaws or policies that describe the manner in which the activities or services for which the grant is awarded shall be conducted or provided;(6) Be licensed or accredited, in accordance with federal, state, or county statutes, rules, or ordinances, to conduct the activities or provide the services for which the grant is awarded;(7) Comply with all applicable federal and state laws prohibiting discrimination against any person on the basis of race, color, national origin, religion, creed, sex, age, sexual orientation, or disability; and(8) Allow the development corporation, legislative committees and their staff, and the auditor full access to its records, reports, files, and other related documents and information for purposes of monitoring, measuring the effectiveness, and ensuring the proper expenditures of the grant.[Eff. DEC 21 1989] (Auth: HRS secs. 42-2, 91-2, 206M-15) (Imp: HRS secs. 42-2, 91-2, 206M-15)Am and comp 12/13/12; am and comp 3/11/2016