19- 100 C.M.R. ch. 450, § 4

Current through 2024-51, December 18, 2024
Section 100-450-4 - Center Operations
A. Centers will provide support for early-stage businesses in one of the targeted technologies through at least one of the mechanisms listed in Part B.
B.Services. Centers will provide at least one of the following services:

· One-on-one counseling sessions on topics appropriate for the commercialization of the company's technology

· Peer networks

· Classroom training on subjects unique to technology commercialization and the management of high-growth enterprises

· Mentorship programs that link senior technology executives, active or retired, with entrepreneurs; and

· Networking opportunities with service providers, investors, and other individuals and organizations that could assist the client companies.

C.Center Officers and Boards of Directors. Each Center will elect its Officers and a Board of Directors with representatives from the community, targeted industry sectors and economic development partners in accordance with the incorporation laws of the State of Maine. The Board of Directors for each Center is responsible for general oversight of the Center, including funding for operational needs and other expenses.
D.Clients. The Centers will have a process for selecting clients to participate in their programs. Clients should sign a contract with the Center, detailing the expectations for both parties.

19- 100 C.M.R. ch. 450, § 4