California Code of Regulations
Title 10 - Investment
Chapter 13 - Governor's Office of Business and Economic Development
Article 4 - California Innovation Hub Program
Section 8360 - Reporting Requirements

Universal Citation: 10 CA Code of Regs 8360

Current through Register 2024 Notice Reg. No. 38, September 20, 2024

(a) The iHub coordinator for each designated iHub will submit an annual report to GO-Biz. Reporting requirements will be based upon terms set forth in the MOU, which will include, but not be limited to:

(1) Progress narrative toward reaching the project milestones/goals as stated in the MOU agreement with GO-Biz;

(2) Number of companies providing outreach services within the iHub region;

(3) Number of companies starting up in the iHub region related to targeted industry sector(s);

(4) Revenues/sales from start-up companies in the iHub region;

(5) Number of corporate partnerships/research contracts developed or documented by the iHub;

(6) Number of patents applied for, approved and licensed to third-parties within the iHub region and, where applicable, if any such patent developments originated from the collaboration and partnership of iHub Partners;

(7) Research and development contracts originating from the collaboration and partnership between iHub Partners in the iHub region;

(8) Number of federal, state or local research and workforce projects as well as the number of incubator and accelerator spaces within the iHub region;

(9) An inventory of all emerging markets, high growth potential companies (seven years or less) within the iHub region, including their target industry;

(10) Research and development expenditures (federal, state, industry, and other sources) related to the targeted industry sector within the iHub; and

(11) Amount of funding leveraged or invested in the iHub, as well as a report on pledged match(es) and other leveraged investments in the iHub region.

1. New section filed 3-22-2017; operative 3-22-2017 pursuant to Government Code section 11343.4(b)(3) (Register 2017, No. 13).

Note: Authority cited: Sections 12099.5 and 12099.6, Government Code. Reference: Sections 12099.5 and 12099.6, Government Code.

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