Md. Code Regs. 15.16.02.06 - Board Evaluation
A. The
Board shall decide whether to approve a qualified applicant's application for
funding based upon the following criteria of the proposed activity:
(1) Value to the industry;
(2) Degree of industry promotion;
(3) Size and scope of activity;
(4) Financial need; and
(5) Quality of the written
presentation.
B. The
Board shall disapprove an application for any of the following reasons:
(1) The application is incomplete or does not
comply with these regulations;
(2)
Funds are not available; or
(3) An
applicant who is subject to stable licensing under COMAR 15.16.01 fails to
possess a current license upon application submission.
C. An application disapproved due to lack of
funds may be held for consideration by the Board for the next fund
cycle.
D. The Board shall notify
the applicant if an application is approved or disapproved within 30 days of
the completion of the application review process. If the application is
approved, the applicant shall be notified of the amount of the State grant for
the project.
Notes
Regulation .06B amended effective March 29, 2004 (31:6 Md. R. 510)
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