Section 15-33-8 - Preferences and priorities in making grants(a) In determining the distribution of funds, the development corporation shall be guided by the nature and economic significance of the activity of each grant application, the importance of the grant to the activity's success, and the potential economic advantage or job creation prospects offered to the State.(b) Preference shall be given to businesses receiving their first manufacturing development program award.(c) The development corporation shall not grant more than one manufacturing development program award to any business in a fiscal year.[Eff 3/11/2016] (Auth: HRS § 206M-3) (Imp: HRS § 206M-15.1)