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 87-1-005 - Restrictions
Current through September 17, 2024
005.01 Grant funds shall not be used for any activity primarily designed to contribute to a single business, enterprise or individual, nor used to subsidize an existing farming or ranching operation.
005.02 Grant funds must be used exclusively for the purposes listed in each proposal and solely for the benefit of the project described in the proposal.
005.03 Grants shall be made in amounts up to, but not exceeding, $75,000.
005.04 Grant funds shall not be used for administrative costs of the project
005.05 No more than one grant may be used simultaneously in support of a project, nor may a recipient receive more than one grant in any calendar year for the same project.
005.06 Grants shall be awarded for one year starting from dates specified in the grant agreement but not starting prior to the date of grant execution by the Department and the Recipient. Grant extensions may be made at the discretion of the Department. The total of such extensions shall be no more than three years for any single grant. Funding for grant projects may be renewed at the discretion of the Department on an annual basis for an additional three years. Requests for renewal will compete with submitted applications for the upcoming grant period.
