265—44.3 (175) General recipient eligibility.
	 44.3(1) Residence. The eligible applicant must be a resident of Iowa. The project must be located in Iowa.
	 44.3(2) Training and experience. The eligible applicant must have documented to the satisfaction of the authority sufficient education, training, and experience for the anticipated farm operations.
	 44.3(3) Access to capital. The eligible applicant must demonstrate to the satisfaction of the authority access to the following as may be needed: adequate working capital; farm machinery; livestock; agricultural land.
[ARC 1112C, IAB 10/16/13, effective 9/26/13]