7 Pa. Code § 138b.7 - Criteria for awarding grants
Grants will be awarded by the Secretary only after consideration of the Grant Committee's recommendation. In making its recommendation to the Secretary, the Grant Committee will consider:
(1)
The applicant. A
prerequisite for a grant is an applicant who has demonstrated achievement as an
agricultural processor. Accordingly, the following factors will be considered:
(i) The capital needs of the applicant in
light of available funds.
(ii) The
payment to date of tax obligations due and owed by the applicant to the
Commonwealth or a political subdivision.
(iii) The experience and credentials of the
applicant.
(iv) The credit history
and rating of the applicant as determined from credit reporting services and
other sources.
(v) The applicant's
total assets controlled, equity owned, contingent liabilities and history of
earnings to date.
(2)
The project. In addition to the information required to be
submitted in the proposal according to §
138b.5 (relating to submission of
proposal), the following factors relating to the project for which a grant is
sought will be considered:
(i) The potential
for success for the project, given the proximity to consumers, involved costs
and other relevant information.
(ii) The existing level of similar processing
operation in the geographic area in which the project is located.
(iii) The impact upon the Commonwealth's
agriculture and the rural poor.
(iv) The amount and nature of farm
commodities developed into value added products.
(3)
Special consideration.
Special consideration will be given to projects that:
(i) Would create an increase in the market
demand of a particular farm commodity.
(ii) Locate processing operations in rural
areas and using rural labor.
(iii)
Involve small business which show a potential for growth.
(4)
Geographic distribution.
The Committee will consider other grant awards in an attempt to make an
equitable geographic distribution of grants throughout this Commonwealth giving
priority to agricultural areas.
Notes
This section cited in 7 Pa. Code § 138b.5 (relating to submission of proposal).
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