Scoring RISE grant applications.

CFR · 2024-01-01 · US · Title 7

The Agency will score each complete and eligible RISE application using the criteria specified in paragraphs (a) through (g) of this section, unless otherwise specified in a (a) (b) (c) (d) (1) If the targeted region has a median household income of: (i) 50% or less of state median household income; 5 points will be awarded; (ii) Over 50% and up to 80% of state median household income; 3 points will be awarded. (2) If the targeted region residents have the educational attainment of a bachelor's degree by: (i) 10% or less of the population; 5 points will be awarded; (ii) Over 10% and up to 30% of the population; 3 points will be awarded. (3) Existing residents of the targeted region will receive direct career training for new employment or upscaling to a high-wage job; 5 points will be awarded. (4) If the identified region has fewer than 50,000 residents according to the most recent decennial census; 5 points will be awarded. (e) (1) The RISE grant request is for $500,000 to $750,000; 10 points will be awarded. (2) The RISE grant request is for over $750,000 and up to $1,000,000; 5 points will be awarded. (f) (1) Targeted industry(ies) in the region is classified as an emerging industry; (2) Applicant demonstrates that the targeted industry(ies) in the region hold a competitive advantage or will enhance their competitive advantage through the RISE project; (3) Applicant demonstrates that industry provides significant support of regional assets, including broadband, and provide

official document · source cfr-2024 · id 7:§ 4284.1117