Or. Admin. Code § 123-084-0020 - Definitions
(1) "Business
Accelerator" means a company:
(a) Operating
principally in this state;
(b) With
demonstrated success in operating educational programs in which outdoor gear
and apparel industry veterans mentor cohorts of founders of emerging outdoor
gear and apparel industry companies located in this state; and
(c) Whose purpose is to help incubate and
accelerate the growth of emerging companies.
(2) "Cash Match" means moneys expended by the
Program applicant, not covered by Grant funding, that are reasonable, necessary
and directly related to the Program Project.
(3) "In-kind Match" means the value of time,
services, equipment or any other portion of the Project costs not covered by
Program Grant funding or Cash Match provisions that are reasonable, necessary,
and directly related to the Program Project. In-kind Match includes the value
of volunteer work provided.
(4)
"Lead Organization" means the entity that is the applicant for one or more
businesses, nonprofit organizations, Membership Organizations, or Business
Accelerators.
(5) "Membership
Organization" means a nonprofit organization:
(a) Operating principally in this
state;
(b) Consisting of member
businesses from the outdoor gear and apparel industry whose principal place of
business is in this state; and
(c)
That has the purpose of growing the outdoor gear and apparel industry at the
state or regional level.
(6) "Outdoor gear and apparel industry" means
all traded sector businesses that manufacture gear and apparel for use in
outdoor recreation.
(7) "Outdoor
Recreation" means activities undertaken for pleasure outdoors in natural
environments.
(8) "Traded sector"
has the meaning given that term in ORS 285B.280.
Notes
Statutory/Other Authority: ORS 285A.075 & 2023 Or. Laws, chapter 546, section 5(3)(c)
Statutes/Other Implemented: Or. Laws 2023, Ch.546, Sections 3-5
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.