California Code of Regulations
Title 10 - Investment
Chapter 7.7 - Department of Commerce: Competitive Technology Program
Article 2 - Application Process
Section 5424 - Funding Phases and Cycles

Universal Citation: 10 CA Code of Regs 5424

Current through Register 2024 Notice Reg. No. 12, March 22, 2024

(a) Applicants shall request funding for one of three funding phases listed below:

(1) Phase 0--Developmental phase, including preparing an application for Phase I or Phase II projects; must be completed within one (1) year after the date a grant agreement is executed.

(2) Phase I--A project scheduled to be completed within one (1) year after the date a grant agreement is executed.

(3) Phase II--A project scheduled to be completed in a period of more than one (1) but not more than three (3) years after the date a grant agreement is executed.

(b) The secretary shall be authorized to allocate the annual available funds for the program in several funding cycles that shall be announced throughout the year. The secretary shall be authorized to make grants in less than the amount set aside for any funding cycle or, in cases of extraordinary merit, to make grants in a greater amount, proportionately reducing available funding for future cycles. The agency shall determine and make public the date by which applications must be received to be eligible for each funding cycle.

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 (b) 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, 15379.4 and 15379.5, Government Code.

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