Iowa Administrative Code
Agency 261 - Economic Development Authority
Part XII - Energy Division
Chapter 401 - Administration of Financial Assistance
Rule 261-401.6 - Eligibility Criteria for Financial Assistance

Universal Citation: IA Admin Code 261-401.6

Current through Register Vol. 47, No. 6, September 18, 2024

(1) General criteria. Applicants must include documentation relating to the actual or potential development of the following:

a. Utilization of crops and products grown or produced in this state that maximize the value of crops used as feedstock in biomanufacturing products and as coproducts.

b. Reduction of greenhouse gas emissions and carbon sequestration.

c. Commercialization of technology and product development for sale in the national and international market.

d. Alternative and renewable energy and increased energy efficiency.

e. Private or federal matching funds.

(2) Research criteria. In addition to including documentation related to the general criteria in subrule 401.6(1), applicants seeking funding for research must include information related to the following:

a. The technical feasibility of the proposal.

b. The extent to which the proposed research builds on already-existing research.

c. The extent to which the proposed research meets a market need and demonstrates viability for commercialization.

(3) Commercialization criteria. In addition to including documentation related to the general criteria in subrule 401.6(1), applicants seeking funding for commercialization projects must include information related to the following:

a. The extent to which the technology has been proven.

b. The technology sought to be commercialized.

c. The current scale-up status of the project.

(4) Education criteria. In addition to including documentation related to the general criteria in subrule 401.6(1), applicants seeking funding for educational projects must include information related to the following:

a. The target audience, including the estimated number of people targeted.

b. An estimate of the energy savings possible or fossil fuel reductions achievable if the target audience implements the methods presented.

(5) Undesignated projects criteria. In addition to including documentation related to the general criteria in subrule 401.6(1), applicants seeking funding for undesignated projects must include information that explains how the project meets the statutory goals of the fund.

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