California Code of Regulations
Title 10 - Investment
Chapter 7.7 - Department of Commerce: Competitive Technology Program
Article 2 - Application Process
Section 5423 - Program Priorities and Program Areas

(a) The secretary shall be authorized, based upon advice of the committee, to announce a list of technologies or industries that shall constitute program priorities for purposes of the program. The secretary shall be authorized to modify the list of program priorities from time to time based upon advice of the committee.

(b) From time to time, the secretary shall be authorized to allocate or reallocate some or all of the available grant funds to specific program priorities.

(c) The agency shall provide the then-current list of program priorities, if any, and the level of available grant funds allocated for each priority, together with every application distributed to potential applicants. An application submitted for a project included in a then-current program priority shall not become ineligible for funding solely by virtue of the secretary subsequently removing such priority from the lit of program priorities.

(d) The Director shall be authorized to allocate each year's available program funds among the different program areas. The Director shall be authorized to set a maximum grant amount for each program area. Notwithstanding the foregoing, the Director shall be authorized, in his or her discretion, to reallocate funds among program areas, or exceed the maximum grant amount, in cases of extraordinary merit.