(a)Allocations. The OSTRaD Board shall establish the amount of funding allocated to the SBIR Phase I Incentive Funding Program for each fiscal year.
(b)Submission periods. The OSTRaD Board shall establish the dates of the application submission period for each fiscal year, based on the federal SBIR solicitation schedule.
(c)Funding awards. Funding awards shall be made on a first-come, first-served basis during the State's fiscal year (July 1 through June 30). OCAST shall not be obligated to make awards in excess of the amount of funds appropriated for this program during any fiscal year. The OSTRaD Board may set limitations on the funding awards and those limitations shall be included in the OCAST SBIR Phase I Incentive Funding Specifications and published in the OCAST SBIR Phase I Incentive Funding Program Solicitation. No eligible applicant shall receive more than three (3) OCAST SBIR Phase Incentive Funding awards during any one fiscal year, nor receive funding which exceeds the limitations as set by the OSTRaD Board.
[Source: Amended at 10 Ok Reg 3817, eff 7-12-93; Amended at 19 Ok Reg 3085, eff 9-9-02 through 7-14-03 (emergency); Amended at 20 Ok Reg 2739, eff 8-11-03]
Note
EDITOR’S NOTE: This emergency action expired before being immediately superseded by a permanent action. Upon expiration of an emergency amendatory action, the last prior permanent text is reinstated. Therefore, on 7-15-03 (after the 7-14-03 expiration of the emergency action), the text of Section 650:30-1-8 reverted back to the permanent text that became effective 7-12-93, as was last published in the 2001 Edition of the OAC, and remained as such until amended by permanent action on 8-11-03.
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