3 AAC 147.050. Type, amount, and duration of grants

(a) An eligible applicant may seek a major grant, in any amount, for a project with the potential to enhance and increase the sales and value of wild Alaska salmon in a high-volume or high-value market of regional, national, or international scale.

(b) An eligible applicant may seek a mini-grant of up to $200,000 per grantee for a project with the potential to enhance and increase the sales and value of wild Alaska salmon in an emerging, niche, or speciality market. The commission will award a mini-grant in an amount greater than $200,000 if the commissioner determines that a larger award is warranted by the particular merits of the project, considering the merits of other proposals and the availability of appropriations.

(c) An eligible applicant may seek a micro-grant of up to $25,000 per grantee for a project with the potential to enhance and increase the sales and value of wild Alaska salmon that is directly marketed to a small or emerging customer base. The commissioner will award a micro-grant in an amount greater than $25,000 if the commissioner determines that a larger award is warranted by the particular merits of the project, considering the merits of other proposals and the availability of appropriations.

(d) The commissioner will award a grant amount smaller than the amount requested by the applicant if the commissioner determines that a smaller award is warranted by the availability of appropriations, the merits of the proposal, or the merits of competing proposals. The commissioner will require the applicant to provide a cash match of up to 50 percent of the project's cost, if the commissioner determines that a cash match is warranted by availability of appropriations, the merits of the proposal, or the merits of competing proposals.

(e) Grant money may not be used to finance expenses incurred more than three years after the date of the award, unless the commissioner finds there is good cause to allow an exception. Anticipated project expenses more than three years after the date of the award may not be used to meet cash match requirements.

History: Eff. 12/13/2003, Register 168

Authority: AS 44.33.020

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