301.7—Investment Assistance application.
(a)
The EDA Investment Assistance process begins with the submission of an Investment Assistance application. The Application for Investment Assistance (Form ED-900 or any successor form) may be obtained from EDA's Internet Web site at http://www.eda.gov or from the appropriate regional office. EDA generally accepts applications on a competitive and continuing basis to respond to market forces in Regional economies. The timing with which competitive investment opportunities arise, as determined by the criteria set forth in § 301.8, paired with the availability of funds in a given fiscal year, will affect EDA's ability to participate in any given Project. EDA will evaluate all applications using the criteria set forth in § 301.8 and will:
(1)
Return the application to the applicant for specified deficiencies and suggest resubmission upon corrections; or
(b)
PWEDA does not require nor does EDA provide an appeals process for denial of applications or EDA Investment Assistance.