Current through Register Vol. 63, No. 9, September 1, 2024
(1) Definitions
(a) The "Higher Education Coordinating
Commission" or "HECC" is the body established by ORS 351.715 and appointed by
the Governor.
(b) "Oregon Growth
Business' is defined in ORS
284.701(3)
as an individual, group of individuals or private sector business entity,
including but not limited to a partnership, limited liability company,
corporation, firm, association or other business entity, that engages in
business that furthers innovation-based economic development, that has the
capacity, upon obtaining appropriate capital, to generate significant
high-skill, high-wage employment in Oregon and that conducts business in Oregon
or an emerging growth business consisting of an individual or group of
individuals or a new or small company, including but not limited to any new or
small partnership, limited liability company, corporation, firm, association or
other business entity, that has the capacity, upon obtaining appropriate
capital, to generate significant high-skill, high-wage employment.
(c) "Public Entity" is defined in ORS
284.701(4)
as any agency of the federal or state government, county, city, town, public
corporation or political subdivision in this state.
(d) A "Public University" is any institution
as defined in ORS
352.002,
including; Eastern Oregon University (EOU), Oregon Institute of Technology
(OIT), Oregon State University (OSU), Portland State University (PSU), Southern
Oregon University (SOU), University of Oregon (UO) and Western Oregon
University (WOU).
(e) "Research
Institution" is defined in ORS
284.701(5)
to include Community Colleges, Public Universities, Oregon Health and Science
University, Oregon-based generally accredited non-for-profit private
institutions of higher education, federal research laboratories conducting
research in Oregon, private not-profit research institutions located in Oregon,
institutions for higher education as defined in ORS
289.005 or private institutions of higher education located in Oregon.
(f) "Signature Research Centers" are those
authorized under ORS
284.740 to maximize collaborative ventures between Research Institutions, Public
Entities and Oregon Growth Industries. Signature Research Center funds are
designated by the Legislature.
(2) This rule allocates Signature Research
Center funds to Public Universities.
(3) Allocations in the first year of any
biennium shall be 49% of the total appropriated. The remainder shall be
allocated in the second year of the biennium.
(4) Signature Research Center funds are to be
spent on expenses related to collaborative ventures among Research
Institutions, Public Entities and Oregon Growth Businesses that seek to
capitalize on opportunities to obtain private and federal funding for the
research and development of innovation-based economic development.
(5) The University of Oregon and Oregon State
University shall each receive 47.5% of all appropriated funds each biennium and
Portland State University shall receive 5% of all appropriated funds.
(6) The HECC will give deference to any
legislative designation of specific resources or policy decisions when making
determinations on allocation of funds.
Statutes/Other Implemented: ORS
350.075(3)(iii)(f),
ORS
284.720 & ORS
284.701
