Section 870-RICR-20-00-5.10 - Application Review and ApprovalA. The Corporation shall conduct a review of the applications for Technical Assistance Grants and Implementation Grants received on a rolling basis in order of receipt until such time as all available funds under the Act have been committed, at which point the Corporation will cease reviewing applications until such time as additional funding becomes available. The Corporation may set periodic application deadlines that will be published on the Corporation's web site from time to time.B. Each application shall be reviewed to confirm compliance with the Act and these Rules, and the Corporation may reject any incomplete or deficient application.C. The Corporation may require the submission of additional information in connection with any application or the revision of an application, and may permit the resubmission of an application rejected as being incomplete or deficient.D. After submission of a complete application and review by the Corporation in accordance with the requirements of the Act and these Rules, the Corporation will determine whether to award a Technical Assistance Grant or Implementation Grant to the Applicant. In selecting Applicants to receive Grants, the Corporation will prioritize those Applicants with demonstrated commitments of matching funds or in-kind services contributed to the project.E. In determining whether to approve a Technical Assistance Grant or Implementation Grant, factors the Corporation may consider include, but are not limited to, the following: 1. strength of the Cluster, its stage of development, and its importance to the State's economy;2. quality and clarity of information on the project, including need, timelines, and deliverables;3. the degree of support from the businesses operating in the Cluster;4. caliber and experience of the personnel involved in the project;5. scale, breadth, and sustainability of the project;6. the strength of the Applicant's methodology for evaluation impacts of the Project; and7. the Project's potential for catalytic impact.F. If the Corporation determines that it will not approve a Grant for an Applicant, it shall notify the Applicant in writing of such decision.870 R.I. Code R. 870-RICR-20-00-5.10