Sec. 50.6. Reporting


Latest version.
  • (a) Applicants which participate in the Export Trade Demonstration Project Program shall submit quarterly and annual project reports to the department in relation to the export trade demonstration project, including the information set forth below:
    (1) For technical assistance projects:
    (i) a description of the project;
    (ii) its potential application to other areas of the State;
    (iii) the success of the project in meeting its stated objectives;
    (iv) the economic impact of the project on the area served;
    (v) the degree of local and regional participation, financial and otherwise;
    (vi) the coordination with State and local export promotion programs and resources;
    (vii) the approximate dollar amount of export sales and investment of foreign capital generated by the project; and
    (viii) such other information as the department deems pertinent to evaluating the effectiveness of the project.
    (2) For financial assistance projects;
    (i) a description of the project;
    (ii) its potential application to other areas of the State;
    (iii) the success of the project in meeting its stated goals and objectives;
    (iv) the economic impact of each project on the area served;
    (v) the degree of local and regional participation, financial and otherwise;
    (vi) the coordination of each project with State and local export promotion programs and resources; and
    (vii) such other information as the department deems pertinent to evaluating the effectiveness of the project.
    (b) Applicants which participate in the Export Trade Demonstration Project Program shall submit quarterly and annual financial reports in a form prescribed by the department which shall set forth receipts and expenditures of funds pursuant to the Export Trade Demonstration Project Program.