All funds go to the research institution, with none being earmarked for administrative costs.
OMI is the model the Chancellor's Office hopes other industries will emulate in the next biennium. Context for the Initiative Full matching funds from the state for this biennium are not available. Dramatic changes at OEDD have eliminated this source of matching funds. The loss of this partnership would dismantle an investment of hundreds of thousands of dollars in current projects and eliminate a vital catalyst for jobs, competitiveness, and higher education infrastructure. It would also severely set back the partnership model.