3 AAC 59.020. Duties and responsibilities of the department

(a) The department will provide assistance to businesses applying for a new business incentive grant by providing the following:

(1) information, forms, and other material as required to apply for a grant under this chapter;

(2) available data and information on the region's economy.

(b) The department will

(1) review and process applications for grants under the new business incentive program and render a determination within 60 days after the department receives a complete application; and

(2) supervise and monitor a grantee's use of grant money.

History: Eff. 6/11/2000, Register 154

Authority: AS 45.81.010

AS 45.81.020

AS 45.81.030

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