(30 ILCS 750/9-6)
(from Ch. 127, par. 2709-6)
Technical Assistance Grants.
Any grant made pursuant to this
(a) Be made only if a recipient not-for-profit organization also provides a
portion of the financing with respect to the technical assistance project. The
participating not-for-profit organization's financing may be in the form of
cash or in-kind services or any other form approved by the Department;
(b) Be made only if the Department determines, on the basis of all
information available to it, that the technical assistance project would not be
undertaken unless the grant is provided;
(c) Be made only after the Department has made a determination that the
grant will cause a technical assistance project to be undertaken which has the
potential to improve the capital marketplace structure or to reduce information
barriers that are impediments to the flow of capital.
(Source: P.A. 88-422.)