13 C.F.R. § 301.9 Proposal selection.
Title 13 - Business Credit and Assistance
(a) EDA will review completed proposal materials for compliance with the requirements set forth in PWEDA, this chapter, the applicable FFO and other applicable federal statutes and regulations. From those proposals meeting EDA's technical and legal requirements, EDA will select proposals for further consideration based on: (1) The availability of funds; and (2) The competitiveness of the proposals, judging by the criteria and priorities set forth in §301.8; and (3) The applicable FFO. (b) EDA will endeavor to notify proponents regarding whether their proposals are selected as soon as practicable.
Title 13: Business Credit and Assistance
PART 301—ELIGIBILITY, INVESTMENT RATE AND PROPOSAL AND APPLICATION REQUIREMENTS
Subpart E—Proposal and Application Requirements; Evaluation Criteria
§ 301.9 Proposal selection.