94- 630 C.M.R. ch. 1, § 4

Current through 2024-51, December 18, 2024
Section 630-1-4 - Use of Funds

Program funds are to support biomedical research in the State, with priority given to research and research technologies with the potential to affect diseases and biomedical mechanisms.

An eligible institution may use the grant for any one of the following purposes:

Project funding that directly supports Peer Reviewed Biomedical Research; Facilities funding, including debt service, for construction, renovation, expansion of facilities the primary purpose of which is to conduct Peer Reviewed Biomedical Research: Equipment used in Peer Reviewed Biomedical Research, including debt service; or Ancillary support;

An Eligible Institution that receives funds under this rule may charge overhead expenses consistent with federal research granting criteria. The institution may utilize up to 2% of the Program Funds it receives to evaluate the impact of the research it is conducting. An institution is not obligated to expend Program Funds during the period in which those funds are received, but may carry over funding for up to 5 years.

Program funds may not be used to support Biomedical Research, facilities, equipment, Ancillary Support or overhead expenses that occur outside the State of Maine.

94- 630 C.M.R. ch. 1, § 4