§946. Establishment The Maine Economic Improvement Fund is established to administer investments in targeted research and development and product innovation and to provide the basic investment necessary to obtain matching funds and competitive grants from private and federal sources. [PL 1997, c. 556, §3 (NEW).] SECTION HISTORY PL 1997, c. 556, §3 (NEW).
§947. Definitions As used in this chapter, unless the context otherwise indicates, the following terms have the following meanings. [PL 1997, c. 556, §3 (NEW).] 1. Fund. “Fund” means the Maine Economic Improvement Fund. [PL 1997, c. 556, §3 (NEW).] 2. Research and development. “Research and development” means applied scientific research and related […]
§948. Administration of fund 1. Administration of fund. The Board of Trustees of the University of Maine System shall administer the fund. The board may utilize the assets of the fund to carry out and effectuate the purposes, duties and responsibilities of this chapter, including, but not limited to: A. Taking actions in partnership […]
