(b) The criteria for awarding the grants and loans must include the:(1) economic need of the county or municipality;(2) impact of the new or expanding business on employment and output in the county or municipality;(3) importance of state participation to the investment decision;(4) impact of state assistance to job production in the county or municipality; and(5) extent of other public and private participation.As added by P.L.4-2005, SEC.34.
Indiana Legal Code