Oregon Administrative Rules › Chapter 123 - OREGON BUSINESS DEVELOPMENT DEPARTMENT › Division 88 - University Innovation Research Fund › Section 123-088-0050 - Application, Review and Decision-Making Processes With Evaluation Criteria

Current through Register Vol. 63, No. 7, July 1, 2024
The Committee will consist of members of the Senior Research
				Officers Council (SROC) and at least one private-sector representative from the
				Council. The Department will also have an observer on the Committee. The
				Committee will review requests for matching commitments from the Fund as
				follows:.
(1) No more than 75% of the
			 Fund shall be committed in the first fiscal year of the 2019-21 biennium to
			 ensure funding is available to proposal submitted in the second fiscal
			 year.
(2) Match funding will be
			 committed on a first-come-first-served basis, based on the federal award
			 notice.
(3) For matching requests
			 of $1,000,000 or more, a university must request funds by having its SRO submit
			 a non-binding letter of intent to the Committee at least three (3) months in
			 advance of the federal proposal deadline. This letter should specify the
			 federal program, project title, estimate of the total project budget and
			 estimated amount of match requested from the Fund. The letter should also
			 provide brief summaries of the project, project leaders/principal
			 investigators, and any public and/or other collaborators as well as a
			 description of the project's connection to economic development and its
			 alignment with the Council's priority areas. The Committee will review the
			 initial letter of intent and provide feedback to the requesting SRO within 30
			 days on whether they should proceed with further effort to secure matching
			 funds. Within 45 days of the proposal deadline, the requestor(s) will submit an
			 updated project description and budget with a not-to-exceed amount of matching
			 funds requested to the Committee for final review.
(4) For matching requests of less than
			 $1,000,000, an SRO will submit a letter of intent as described above. The
			 request will be considered up to 45 days before a proposal deadline. SROs are
			 encouraged to submit the letter as early as possible.
(5) Notwithstanding subsections (1) and (2)
			 of this section, the Committee may consider matching requests made closer to
			 the proposal deadline if a university would like the Committee to make an
			 exception, the requesting SRO must explain the reasons for not meeting the 45
			 day deadline, which the Committee will consider as it sees fit. This applies to
			 requests of above or below $1,000,000. All requests will be evaluated using the
			 same criteria that are used to review and approve other proposals.
(6) The Committee will have a standing
			 meeting each month to review requests submitted by universities. If no letters
			 of intent have been submitted, the monthly meeting may be canceled.
(a) The Committee will evaluate requests
			 based on these criteria:
(A) Likelihood that
			 proposal will have economic development benefits for Oregon;
(B) Alignment with the Council's priority
			 areas
(C) Likelihood that the
			 proposal will enhance research and innovation capacity in Oregon including
			 opportunities for student engagement; and
(D) Balance among campuses and industry
			 sectors