Kan. Admin. Regs. § 110-13a-2

Current through Register Vol. 43, No. 49, December 5, 2024

Section 110-13a-2 - Application requirements for enterprise facilitation project funding

(a) Each enterprise facilitation group shall be notified by the department of the award amount available for each group within 15 business days following the deadline for the regional foundations to transfer the percentage of funds raised during the previous fiscal year as required by K.S.A. 74-50,154(c)(1), and amendments thereto. All such funds transferred to the department shall be awarded to the enterprise facilitation groups to be used for operating costs.

(b) To be eligible for funding from the enterprise facilitation fund, each enterprise facilitation group shall meet the following requirements:

(1) Submit the following to the secretary:

(A) An annual progress report; and

(B) the most recent quarterly progress reports; and

(2) enter into an agreement with the department.

(c) The agreement specified in paragraph (b)(2) shall state the intended use of the funds, the reporting requirements for the expenditure of funds, and the anticipated results of each project.

(d) Each eligible enterprise facilitation group shall receive an equal portion of the total funds transferred to the department pursuant to K.S.A. 74-50,154(c)(1), and amendments thereto. Funding shall be disbursed to each eligible enterprise facilitation group within 15 business days of execution of the agreement specified in this regulation. If an enterprise facilitation group ceases to exist or is otherwise not eligible for funding, that group's unexpended or remaining or unused allocation shall be returned to the enterprise facilitation fund. That allocation shall then be divided equally among the remaining eligible enterprise facilitation groups.

Kan. Admin. Regs. § 110-13a-2

Authorized by and implementing K.S.A. 2007 Supp. 74-50,154 and 74-50,155; effective July 25, 2008.