All eligible Microenterprises and Microenterprise Delivery Organizations will submit an application to the Department for review and approval. The application will be evaluated based upon the criteria established in the Act.
Applications will be evaluated by a Departmental committee. This committee will be appointed by the Director, or their designee, and will consist of representatives from the Department, banking industry, regional organizations, councils of governments and others as determined by the Director.
Where funds under this Act are leveraged with non-state funds of a Statewide Microlending Support Organization, the Director may authorize integrating Program procedures and evaluation committee members with that of the Statewide Microlending Delivery Organization.
Applications made to the Department by Micro- loan Delivery Organizations may be evaluated based on the following criteria established in the Act.
85 Neb. Admin. Code, ch. 4, § 007