(a) The Authority may provide equity participation financing under the Program only after the enterprise submits an application that contains a business plan that meets the requirements of subsection (b) of this section. (b) The business plan of an enterprise shall include: (1) a description of the small business or existing business and its management, product, and market; (2) a statement of the amount, immediacy of need, and projected use of the capital required; (3) a statement of the potential economic impact of the purchase; (4) information that relates to the satisfaction of the applicant’s requirements of § 5–557(d) and (e) of this subtitle; and (5) any other information the Authority requires.