S.L. 463.17 Art. 5Assistance for feasibility studies.

(1) Where the Corporation is satisfied that an undertaking requires assistance to carry out feasibility studies in preparation for an industrial research or an experimental development activities, the Corporation may assist such an undertaking by means of a cash grant as a percentage of the eligible costs incurred by such an undertaking in accordance with the terms and conditions set out in the Guidelines.

(2) This assistance may be provided only if the feasibility studies with the relative costs have been approved a priori in writing by the Corporation.