(1) There is created the Rural Coworking and Innovation Center Grant Program administered by the office.
(2) The office may seek to accomplish the following objectives in administering the grant program:
(a) constructing or renovating a facility in one or more rural areas to create one or more coworking and innovation centers;
(b) extending and improving utilities and broadband service connections to one or more coworking and innovation centers in one or more rural areas; and
(c) purchasing equipment, furniture, and security systems as part of one or more coworking and innovation centers in one or more rural areas.