Nebraska Administrative Code
Topic - ECONOMIC DEVELOPMENT, DEPARTMENT OF
Title 87 - NEBRASKA DEPARTMENT OF ECONOMIC DEVELOPMENT
Chapter 1 - Rules and Regulations for Agricultural Opportunities and Value-Added Partnership Act
Section 87-1-003 - Definitions
Current through September 17, 2024
In addition to the terms listed below, the definitions of terms found in the Agricultural Opportunities and Value-Added Partnerships Act shall apply to such terms when found in these regulations and in grant application materials:
003.01 ACT means the Agricultural Opportunities and Value-Added Partnerships Act as contained in LB 90, 99th Legislature, 1st Session.
003.02 APPLICANT means any entity that has submitted an application for consideration to receive grant funds pursuant to the Act.
003.03 DEPARTMENT means the Nebraska Department of Economic Development.
003.04 IN-KIND CONTRIBUTION means the value of goods, services, or labor used in direct support of the project.
003.05 MATCH means money or in-kind contributions or a combination of both.
003.06 PROGRAM YEAR shall coincide with the State of Nebraska fiscal year.
003.07 PROJECT means any agricultural or value-added agricultural product activity in the areas specified in Section 10 of the Act designed to promote the purposes specified in Section 7 of the Act.
003.08 PROPOSAL means any project that is submitted for consideration for grant funds by an applicant pursuant to the Act.
003.09 RECIPIENT means any applicant who has been selected to receive grant funds pursuant to the Act.
003.10 SUSTAINABILITY means the ability of the project to operate independently of supporting grant funds from any source beyond the time period of any grant received pursuant to this Act.