Maine Code § 5-15301

Definitions
Open in Lexace · Ask the AI about this section
As used in this chapter, unless the context otherwise indicates, the following terms have the
following meanings. [PL 1999, c. 401, Pt. AAA, §3 (NEW).]
1. Institute. "Institute" means the Maine Technology Institute.
[PL 1999, c. 401, Pt. AAA, §3 (NEW).]
1-A. Accelerator. "Accelerator" means a program that supports entrepreneurs by providing
training, business assistance and mentors in a time-limited training program.
[PL 2017, c. 109, §1 (NEW).]
1-B. Entrepreneurial support system. "Entrepreneurial support system" means a network of
organizations and programs in the State that facilitate entrepreneurial growth including capital
providers, chambers of commerce, local governments, economic development organizations,
universities, incubators and accelerators.
[PL 2017, c. 109, §1 (NEW).]
1-C. Incubator. "Incubator" means a program that supports entrepreneurs by providing training,
business assistance and mentors and office, manufacturing or laboratory space.
[PL 2017, c. 109, §1 (NEW).]
2. Targeted technologies. "Targeted technologies" means biotechnology, aquaculture and marine
technology, composite materials technology, environmental technology, advanced technologies for
forestry and agriculture, information technology and precision manufacturing technology. These
targeted technologies may be amended only by the Legislature.
[PL 1999, c. 401, Pt. AAA, §3 (NEW).]
2-A. Technology transfer. "Technology transfer" means the disclosure, protection and licensing
of intellectual property including patents, trademarks, copyrights and trade secrets.
[PL 2017, c. 109, §2 (NEW).]
3. SBIR program. "SBIR program" means the small business innovation research program
enacted pursuant to the federal Small Business Innovation Development Act of 1982, Public Law 97-
219, which provides funds to small businesses to conduct innovation research having commercial
application.
[PL 1999, c. 608, §11 (NEW).]
4. Small business. "Small business" as related to eligibility to participate in the SBIR program is
defined pursuant to 13 Code of Federal Regulations, Section 121.
[PL 1999, c. 608, §11 (NEW).]

‹ Prev All Maine sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.