§74-5060.19. Criteria for award of funding or professional service
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/ok/title-74-state-government/74-5060-19·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
contract - Applied research proposals - Small business innovation research - Commercialized research.
A. The Center may use monies from the Research Support Revolving Fund to carry out the purposes of this act by awarding
competitive applied research funds, through professional service contracts or otherwise, to institutions of higher education, nonprofit research foundations and private enterprises of special importance to the Oklahoma economy. The Center may use the fund to provide funding for the programs and purposes specified in subsection D of this section.
B. The board shall award funding or professional service contracts only after:
1. Developing, adopting and publishing the criteria it shall use when evaluating research proposals; and
2. Reviewing applied research proposals which present:
a. documentation, if the proposal is from an institution
of higher education or nonprofit research
institutions, that not less than fifty percent (50%)
of the total direct cost of the proposed project will
be provided by sources other than the Center and other
than state-appropriated money; machinery or equipment
may be considered as part of the matching funds for
the research, but must be accompanied by a statement:
(1)that the institution of higher education or
nonprofit research institution has received the
machinery or equipment and that it is appropriate
and useful to the program under review; and
either
(2)verifying that the equipment or machinery is
donated and has only been used in testing to
ensure quality control, or used by a wholesaler
or retailer for demonstration purposes only and
verifying the fair market value of the machinery
or equipment on the date of the gift; or
(3)detailing the price paid by the institution of
higher education or nonprofit research
institution, with an invoice showing the amount
paid for the machinery or equipment;
b. documentation, if the proposal is from a private
enterprise, that not less than fifty percent (50%) of
the total direct cost of the proposed project will be
provided by sources other than the Center and other
than state-appropriated money. No portion of the
fifty percent (50%) may be provided by in-kind
services performed by the enterprise;
c. a description of the potential commercial application
of and the industrial sectors that will likely benefit
from the applied research project and the potential to
enhance employment opportunities in Oklahoma;
d. an itemized research budget, time line and research
methodology;
e.
a recommendation from the sponsoring institution of
higher education, nonprofit research institution or
business enterprise; and
f. other information that may be required by the board.
C. The board may approve such applied research proposals after the board finds, based upon the proposal submitted, external peer review and such additional investigation as the staff of the Center shall make and incorporate in its minutes, that:
1. The proposed project is research that leads to innovation, new knowledge or technology and is not training or technical assistance for business firms;
2. The project has a reasonable probability to enhance employment opportunities within Oklahoma; and
3. The project is technically sound and will produce a measurable result.
D. The Center is directed to develop a small business innovation research
(SBIR)matching support program which meets the highest current standards for state matching support to federal SBIR program grants. The Center shall also develop and implement a program to financially support the preparation of SBIR grant proposals by Oklahoma entities. The Center may also develop and implement programs to encourage Oklahoma firms to participate in other federal research and development programs including, but not limited to, the Small Business Technology Transfer
(SBTT)program.
E. Any commercialized research that results from Center funding of applied research shall be subject to negotiations and policies pursuant to the provisions of this act. Added by Laws 1987, c. 222, § 34, operative July 1, 1987. Amended by Laws 1995, c. 279, § 7, eff. July 1, 1995.