Section 545.520  Authorized Programs and Activities

The Homeland Security Market Development Program may be used for activities generally consistent with the intent of Section 2002 of the Act, such as providing investments, loans, or grants to individual businesses, partnerships or joint ventures that provide or commercialize products or services that meet homeland security or defense needs. Further, financial assistance may be used to fund not-for-profit or educational institutions that  make available resources and expertise that further homeland security preparedness, recovery, planning, or service delivery; support development of the technical or managerial skills for business owners and entrepreneurs; aid commercial ventures in locating financing product or service development; and help new companies or partnerships with product development.

(Source:  Added at 30 Ill. Reg. 8450, effective April 19, 2006)