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business and /or industrial environment by making stable and adequate funds available to support this environment. Failure to support a robust program aimed at recruiting and retaining businesses may result in the loss of business investment and economic development projects which would retain or create jobs that would improve the standard of living and enrich the quality of life for citizens of this state.

Title 13

ECONOMIC DEVELOPMENT

Part III.  Financial Assistance Programs

Chapter 17.Regional Awards and Matching Grant Program

§1701.General

A.The Louisiana Department of Economic Development (“LED” or “department”) has determined that the support of regional economic development efforts is critical to the long-term economic health of the state of Louisiana. The following rules for the regional awards and matching grant awards program (“program”) implement the program and provide funding for projects in accordance with the goals of the program.

AUTHORITY NOTE:Promulgated in accordance with R.S. 36:104 and 36:108.

HISTORICAL NOTE:Promulgated by the Department of Economic Development, Office of the Secretary and Office of Business Development, LR 33:41 (January 2007); amended by the Department of Economic Development, Office of the Secretary, LR 35:

§1703.Program Description

A.The program is designed to provide assistance to eligible economic development organizations in their comprehensive and strategic marketing and/or recruitment plans for towns, cities, parishes, regions or the state as a site for new and/or expanded business development. The program also seeks to encourage economic development through multi entity cooperation and communication. The program has two objectives:

1.regional awards (Tier 1); and
2.matching grant awards (Tier 2).

AUTHORITY NOTE:Promulgated in accordance with R.S. 36:104 and 36:108.

HISTORICAL NOTE:Promulgated by the Department of Economic Development, Office of the Secretary and Office of Business Development, LR 33:41 (January 2007); amended by the Department of Economic Development, Office of the Secretary, LR 35:

§1705.Eligible Participants

A.Eligible applicants for the benefits of this Program shall be nonprofit economic development organizations (“EDO”) established in accordance with Louisiana law and in good standing in the state of Louisiana. The EDO must have as one of its primary objectives promoting Louisiana to national and world markets for business and industrial location and expansion.

B.Applicants for funding under the program must have federal and state tax identification numbers.

AUTHORITY NOTE:Promulgated in accordance with R.S. 36:104 and 36:108.

HISTORICAL NOTE:Promulgated by the Department of Economic Development, Office of the Secretary and Office of Business Development, LR 33:41 (January 2007); amended by the Department of Economic Development, Office of the Secretary, LR 35:

§1707.Qualifications

A.Eligible applicants may qualify for grants in the manner hereinafter provided under this program through either:

1.regional awards that are to be administered on behalf of an association of the EDOs acting in concert to promote regional economic development strategies for the region; or through
2.matching grant awards, to an EDO or a combination of EDOs, from LED for a specific project marketing industrial location and expansion or a specific project aimed at supporting future industrial location and expansion.

B.Under either regional awards or matching grant awards, funding for the awards must be for implementation of new and/or continuing programs through the fulfillment of deliverables in accordance with the goals and objectives as shall be hereinafter provided.

C.Eligible funding shall be consistent with the examples of eligible funding as provided by LED as an exhibit to the cooperative endeavor agreements (“CEA”) for either the regional awards or the matching grant program. Generally, the exhibits to the CEA will provide for funding of core production costs of marketing and promotional activities and may distinguish the availability of allowable recovery for administrative costs between regional awards and matching grant awards program as hereinafter provided.

D.Award agreements shall be executed and performed in accordance with statutes, rules and Executive Orders as administered by the Louisiana State Division of Administration Office of Contract Review.

AUTHORITY NOTE:Promulgated in accordance with R.S. 36:104 and 36:108.

HISTORICAL NOTE:Promulgated by the Department of Economic Development, Office of the Secretary and Office of Business Development, LR 33:41 (January 2007); amended by the Department of Economic Development, Office of the Secretary, LR 35:

§1709.Regional Awards (Tier 1)

A.Regional Awards shall total at least $2,000,000 of the total appropriation of the Louisiana Legislature to this program and shall be allocated to the eight regions of this state in accordance with the map to be provided by LED. The regions will closely approximate the regions of the state presently served by LED regional representatives. Subject to Subsection E below, each region shall receive such portion of the available amount in accordance with its percentage of population of the state as established by the most recent census of the state. The secretary of LED shall determine the association of the EDOs for each region with which the department will enter into a CEA through which deliverables reflective of the goals and objectives of this program shall be established. The EDO identified by the regional association and approved by LED as the fiduciary agent for the region shall be responsible for coordination within the region to provide for the delivery of certain administrative documents. The costs related to the production of these documents are to be paid for using funds provided by Louisiana Economic Development (LED). 

B.Each region shall produce the following core deliverables as a minimum. A regional business retention and expansion program in coordination with the statewide business retention and expansion program designed and

Louisiana Register   Vol. 34, No. 10   October 20, 2008

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