94- 630 C.M.R. ch. 1, § 5
All Eligible Institutions meeting the criteria in Section 4 will receive a proportional share of the available Program Funds for allowed program uses.
"Eligible Outside Funds" for the purposes of determining an Eligible Institution's l allocation of Program Funds is defined as funds received or expended in Maine from Specified Grant Sources for Peer Reviewed Biomedical Research only. An institution's internal funds or private contributions from individuals cannot count as Eligible Outside Funding. In order to assure that no funds are counted more than once, outside funds received by multiple in-state institutions from the same Specified Grant Source shall be apportioned between those institutions for Peer Reviewed Biomedical Research as outlined in that grant proposal. Eligible Outside Funds must be received or expended in Maine by Qualified Institutions:
An institution will receive the share of total Program Funds" available for distribution that is proportionally equivalent to the institution's share of adjusted Eligible Outside Funding relative to the total pool of adjusted Eligible Outside Funding received by all institutions receiving Program Funds.
"Adjusted eligible outside funding" means an institution's Eligible Outside Funding weighted such that up to and including the first million (or portion thereof) is multiplied by 3.5, the second and up to and including the third million are multiplied by 2, the fourth and up to and including the fifth million are multiplied by 1.5, the sixth and up to and including the tenth million are multiplied by 1.2, the eleventh and up to and including 20th million are multiplied by 1, the 21st and up to and including the 40th million are multiplied by 0.5, the 41st and up to and including the 60th million are multiplied by 0.1, and any amount above 60 million is multiplied by 0.02.
The Board will review the Grant Allocation Committee's recommendations and will make the final funding decision consistent with 5 MRSA section13103. The Board will notify the institutions of its decision and request each Qualifying Institution's final plan reflecting the actual amount of funding allocated. The institution must submit its final plan to the Board no later than 45 days after the award notification. The final plan must describe how the institution will utilize the allocated Program Funds and what research and economic benefits it anticipates as a result of funding.
94- 630 C.M.R. ch. 1, § 5