Oregon Administrative Rules
Chapter 123 - OREGON BUSINESS DEVELOPMENT DEPARTMENT
Division 88 - University Innovation Research Fund
Section 123-088-0040 - Eligible and Ineligible Uses of the Fund

Universal Citation: OR Admin Rules 123-088-0040
Current through Register Vol. 63, No. 3, March 1, 2024

The Fund can be used as match for federal proposals that require financial match for projects that will support innovation or commercialization of technology at the universities that has a direct or potential connection to economic development. Projects shall require a match of at least $250,000 to access the Fund. Exceptions may be made to allow for smaller matches when the Committee recommends it. The Fund is not to be used as match for basic research projects or other projects that do not have a direct or potential connection to economic development. The projects should align with priority industries, such as advanced manufacturing, high technology, outdoor gear and apparel, health care innovation, food and beverage, and forestry and wood products. The Department, after reviewing information from the Council and the Committee, will make the final determination of whether a project is eligible or not.

Statutory/Other Authority: Sec 21, Ch. 643 OL 2019 & HB 2377 (2019)

Statutes/Other Implemented: Sec 21, Ch. 643 OL 2019 & HB 2377 (2019)

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