1 Del. Admin. Code § 402-1.0
Pursuant to 29 Del.C. §§ 5027- 5029 (the "Act"), as amended, the Delaware Strategic Fund (the "Fund") was established. The Fund was created to assist the Delaware Economic Development Office (the "Office") through The Delaware Economic Development Authority (the "Authority") with efficiently administering financing programs as well as with developing new programs to retain, attract and expand Delaware employment. Section 5029(a) of the Act directs the Authority to draft rules and regulations pertaining to Fund eligibility. The following regulations (the "Regulations") have been adopted by the Authority pursuant to the foregoing provision of the Act. 29 Del.C. § 5005 (11) also gives the Director of the Office general power to promulgate rules and regulations governing the Office.
1 Del. Admin. Code § 402-1.0