VA 2.08(5)(d)7.7. Income statement and balance sheet for the most recent fiscal year, as well as a budget and income projection for the grant period, as disclosed in the notice described in sub. (5). VA 2.08(5)(d)8.8. Information that demonstrates that the applicant has achieved all of the following required program goals during the previous year: VA 2.08(5)(d)8.a.a. Expansion of entrepreneur opportunities for veterans by providing services that may include entrepreneurship training, technical and business assistance, financial assistance, or other entrepreneurship services to veterans. VA 2.08(5)(d)8.b.b. Increase of collaboration with other agencies to strengthen the delivery of programs, resources, and services to veteran entrepreneurs. VA 2.08(5)(d)8.c.c. Expansion of outreach to underserved geographic areas of the state and underserved veteran populations. VA 2.08(5)(d)9.9. Disclosure of any other grants funds received from any other state agency for the same or similar purpose. VA 2.08(5)(d)10.10. A signed verification of matching funds form, if required by the department. VA 2.08(5)(e)(e) Evaluation of grant applications. The evaluation committee shall evaluate grant applications submitted under this subsection against selection criteria. The department shall develop criteria to evaluate applicants with regard to all of the following rating categories: VA 2.08(5)(e)2.2. The applicant’s organizational qualifications and past performance. VA 2.08(5)(e)4.4. The applicant’s need for grant funding, including a detailed budget. VA 2.08(5)(e)9.9. The applicant’s past working relationships with other start-up businesses and entrepreneurship programs. VA 2.08(5)(f)(f) Notification of award or denial of grant. The department shall notify each applicant in writing of its decision to award or not award a grant in accordance with the public notice under this subsection. VA 2.08(5)(g)1.1. The department shall award grants to the applicants with the highest numerical scores determined under the criteria developed under par. (e) as funds are available. VA 2.08(5)(g)2.2. A grant awarded under this section shall be made on forms approved by the department. VA 2.08(5)(g)3.3. The award shall be signed by the authorized representative of the department and shall list any conditions to which the award is subject. VA 2.08(5)(h)(h) Grant acceptance. The authorized representative of the recipient nonprofit organization shall accept the grant award by signing the award document and returning it to the department. The department may terminate a grant award if the award is not accepted within 10 calendar days of the date of issuance by the department. VA 2.08(5)(i)(i) Amount of grants. The amount of each grant will be based on the amount requested and the amount approved by the evaluation committee. The grant award may not exceed the amount requested. VA 2.08(5)(j)1.ae.ae. Grant funds shall be used only for the payment or reimbursement of reasonable and appropriate expenses assignable to the approved purposes of the grant. Any other use of grant funds is prohibited. VA 2.08(5)(j)1.am.am. A grantee may not use more than a percentage, as determined by the department, of the grant funds for employee wages, compensation, travel, and related expenses assignable to the approved program. VA 2.08(5)(j)1.as.as. A grantee may not use grant funds to purchase capital equipment unless specified in the grant award.