LAC 19:VII.2913. Amount of Investment

A. A qualified or eligible fund led by a non-profit entity may receive an investment equal to $1 of LEDC funds for each $2 of funds privately raised by the applicant fund. The maximum total dollar amount of an LEDC investment in an eligible fund shall not exceed $10,000,000. B. Any other qualified or eligible fund may receive an investment equal to $1 of LEDC funds for each $4 of funds privately raised by the applicant fund. The maximum total dollar amount of an LEDC investment in an eligible fund shall not exceed $10,000.000. C. Subject to availability of SSBCI funding and associated allocation to this program.