Sec. 14.04.03.05. Eligibility

Latest version.

A. In General. TEDCO shall be satisfied that the applicant meets the eligibility requirements set forth in COMAR 14.04.02.04.

B. Eligibility Requirements Specific to Builder Fund. In addition to the requirements set forth in COMAR 14.04.02.04, TEDCO shall be satisfied that:

(1) At least one founder or executive manager works at the applicant full-time;

(2) The founder of the applicant has a demonstrated economic disadvantage; and

(3) If required by TEDCO, the founders, managers, or officers agree to receive executive support.

C. Applicants with Multiple Founders. If there is more than one founder of the applicant, founders owning in the aggregate not less than 50 percent of the applicant, have demonstrated economic disadvantage.

                    
                        var val = document.getElementById('citecontent').innerHTML;
                        art.dialog.defaults.title = window.location.href;
                        art.dialog.data('cite', val);
                        art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
                        art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');