La. Admin. Code tit. 13 § III-2111

Current through Register Vol. 50, No. 11, November 20, 2024

Section III-2111 - Criteria

A. LED will consider various factors when determining which proposal will be funded. Among the factors which may be taken into account in the review of the award requests are the following:

1. needs of the entertainment industry;

2. unique or innovative nature of the proposed project;

3. training or equipment cost per student;

4. the number of students to be trained;

5. evidence of a method of job placement;

6. evidence of need;

7. availability of other federal, state, local or private funding programs for the project;

8. the terms of the "clawback" (or refund) provisions, in the event of a default;

9. evidence of likely success of project;

10. availability of funding; and

11. best interest of the state.

La. Admin. Code tit. 13, § III-2111

Promulgated by the Department of Economic Development, Office of Entertainment Industry Development, LR 461078 (8/1/2020).

AUTHORITY NOTE: Promulgated in accordance with R.S. 47:6007.