ARM 4.16.404. APPLICATION PROCEDURES FOR A RESEARCH AND DEVELOPMENT PROJECT LOAN - REVIEW PROCESS

(1) In addition to the technical and financial reviews, the council will evaluate each proposal in light of the loan criteria and goals as set forth in the act and rules. (2) The applicant will then be asked to attend a regularly scheduled council meeting and make a brief presentation on the project to the council. (3) The council staff will then develop a recommendation to the council for its review and consideration.