Current through 2024-51, December 18, 2024
Section 100-450-2 - DefinitionsAs used in this rule, unless the context otherwise indicates, the following terms have the following meanings:
A. "Academic institution" means an accredited in-state post-secondary institution.B. "Center" means a Technology Center as defined by 5 M.R.S.A. §15321 and approved for funding by the Department.C. "Center Management Assistance Grant" means a grant provided to a Center to assist with the salary, benefits and related expenses of the center's management staff.D. "Client" means an individual entrepreneur or small business with less than 25 employees with whom the Center as a contractual relationship to provide services.E. "Commissioner" means the Commissioner of Economic and Community Development.F. "Department" means the Department of Economic and Community Development.G. "Director" means the director of the Office of Innovation.H. "Managerial expenses" means expenses directly related to personal services of the center's management staff.I. "Targeted technologies" means biotechnology, aquaculture and marine technology, composite materials technology, environmental technology, advanced technologies for forestry and agriculture, information technology and precision manufacturing technology, as identified in 5 M.R.S.A. §15301 and refined by the current Science and Technology Action Plan published every five years by the Maine Innovation Economy Advisory Board.19-100 C.M.R. ch. 450, § 2