California Code of Regulations
Title 10 - Investment
Chapter 7.7 - Department of Commerce: Competitive Technology Program
Article 2 - Application Process
Section 5417 - Likelihood of Commercialization
Current through Register 2024 Notice Reg. No. 38, September 20, 2024
(a) The application shall discuss the likelihood that successful completion of the project will lead to commercialization of product[s], service[s] or process[es] more rabidly than would otherwise occur.
(b) The application shall include a proposed schedule and plan for using the results of the project to develop the product[s], service[s] or process[es]. The plan shall identify, where applicable, necessary intermediate steps, such as completion of other scientific or technical research or development work, the obtaining of additional capital, and the obtaining of additional licenses or patents.
(c) Projects indicating the ability to produce commercial results with fewer uncertainties or intermediate steps shall be deemed more likely to further the program goal in subsection (a) above, in connection with the agency staff review pursuant to Section 5425(d)(1) and (2).
1. Repealer by
operation of Government Code section
11346.1(g)
and new section filed 8-20-89; operative 8-20-89 (Register 89, No. 31). For prior
history, see Register 89, No. 2.
2. Change without regulatory effect
amending subsection (c) filed 2-7-94 pursuant to title 1, section 100, California
Code of Regulations (Register 94, No. 6).
Note: Authority cited: Section 15379.9, Government Code. Reference: Sections 15333.5, 15379.3 and 15379.4, Government Code.