Iowa Administrative Code
Agency 261 - Economic Development Authority
Part V - Innovation and Commercialization Activities
Chapter 114 - Iowa Innovation Council
Rule 261-114.4 - Iowa Innovation Council Funding
Universal Citation: IA Admin Code 261-114.4
Current through Register Vol. 47, No. 6, September 18, 2024
The department shall provide assistance to the council with staff and administrative support. The department may expend moneys allocated to the innovation and commercialization fund in order to provide such support. The council shall not have the authority to expend moneys or resources or to execute contracts. The department may accept grant funds on behalf of the council, but the coimcil shall not provide any form of financial assistance awards. Authority for and approval of all financial expenditures and contracts for the council shall be granted solely by the director on behalf of the department.
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