Or. Admin. Code § 123-015-0300 - Performance Based Contracts
(1) The
department shall enter into performance based contracts and agreements with the
University of Oregon, Oregon State University and the Oregon Solutions Network
in Lane, Linn and Benton counties.
(2) Performance based contracts and
agreements implement and accomplish the following:
(a) Providing financial assistance to
programs, entities and providers of technical business development and creation
assistance and providing support to technology-based start-up businesses whose
primary purpose is to commercialize university-based or university-assisted
research;
(b) Identifying and
recruiting entrepreneurial talent, qualified investors and other sources of
capital;
(c) Acquiring, procuring,
furnishing or improving facilities in or near Lane, Linn or Benton counties, as
identified by the University of Oregon, Oregon State university and the Oregon
Solutions Network, for the operation or support of businesses, receiving
assistance under this section, signature research centers and other businesses,
programs and entities involved in the commercialization of university-based or
university-assisted research;
(d)
Establishing, connecting or expanding support programs, directly or indirectly,
that provide assistance to technology-based, start-up businesses whose primary
purpose is to commercialize university-based or university-assisted research
within and outside the region.
Notes
Stat. Auth.: OL 2013, ch. 762
Stats. Implemented: OL 2013, ch. 762
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