Oklahoma Administrative Code, Title 208

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Chapter 1 Administrative Operations

Subchapter 1 General Provisions

Okla. Admin. Code § 208:1-1-2 Vision and mission statement

The rules of the Policy Board have been framed to effectuate achievement of the vision and missions of the EDGE Fund. [62 O.S. 2006, 52]

(1) Vision. Oklahoma has created the EDGE Fund to be one of the nation's largest public funds dedicated to the development and commercialization of applied research. Investment in Oklahoma's knowledge infrastructure is essential to long-term growth. Research development, commercialization and entrepreneurialship will draw capital to Oklahoma, create more high-paying jobs, expand and diversify its economy, and provide greater prosperity for generations of Oklahomans to come.

(2) Mission Statement. The EDGE Fund uses available funds to increase public and private applied research and development, technology transfer and technology commercialization in Oklahoma. By its size, the EDGE Fund is intended to make impactive investments through grants, loans, contributions and other applications.

History

• Added at 25 Ok Reg 1905, eff 7-1-08

Okla. Admin. Code § 208:1-1-3 Definitions

In addition to terms defined in 74 O.S. 2002, §5060.4, the following terms, when used in this Chapter, shall have the following meaning unless the context clearly indicates otherwise:

"Applicant" means the Person submitting the Application.

"Application" means the proposal submitted to the Policy Board and all completed forms required by the Solicitation.

"Contractor" means the Person that is awarded a Policy Board contract.

"Executive Director" means the person employed in such capacity by the Policy Board.

"OCAST" means the Oklahoma Center for the Advancement of Science and Technology.

"Person" means and include (i) an individual, (ii) a partnership, a corporation, a limited liability company, an association, a joint stock company, a trust, a joint venture, or an unincorporated organization, which may be formed either for-profit or not-for-profit, or (iii) an institution or governmental entity (or any department, agency or political subdivision thereof).

"Solicitation" means a request for proposals or letter of intent containing the detailed information required by the Policy Board.

History

• Added at 25 Ok Reg 1905, eff 7-1-08

Okla. Admin. Code § 208:1-1-4 Eligibility

The Solicitation will define Persons eligible for funding. Eligible applicants for funding may include the following Persons:

(1) private or public Oklahoma institutions of higher education,

(2) non-profit research foundations or other non-profit organizations, and

(3) private enterprises.

History

• Added at 25 Ok Reg 1905, eff 7-1-08