Iowa Admin. Code r. 261-112.9

Current through Register Vol. 47, No. 8, October 30, 2024

Rule 261-112.9 - Application selection criteria

In reviewing applications for technical assistance, the committee shall consider the following criteria:

(1) Experience in identifying and successfully recruiting management talent for Iowa targeted industries.

(2) Formal linkages to associations and individual members of international organizations providing management talent recruitment.

(3) Number of Iowa targeted industries involved in the application.

(4) Established information, and methods for the identification, due diligence, profiling, and connectivity ability of management talent recruitment.

(5) Strength of the business plan in the following areas:

a. Description of the company and the overall industry;

b. Product and production plan;

c. Market, competition, and the marketing strategy;

d. Executive or operations management; and

e. Financial information and business capitalization plan.

(6) Management team, management expertise, and background (including education, training, work experience, and other factors) which will be provided to the business.

(7) Budget, financial matching, and total leverage.

(8) Return on state investment.

Iowa Admin. Code r. 261-112.9

ARC 8212B, lAB 10/7/09, effective 11/11/09