LD 2243
pg. 26
Page 25 of 27 An Act to Promote Research and Development Activities in Maine Page 27 of 27
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LR 3164
Item 1

 
Teachers and Students (MERITS) program. This funding will allow
the MERITS program to continue.

 
Part J appropriates funds to support the expansion of the
Department of Education's partnership with the National
Aeronautic and Space Administration (NASA). Through the
partnership, the Department of Education will use NASA materials
and technology for professional development, curriculum
development and teacher and student internships.

 
Part K establishes the Maine Technology Institute as a private
nonprofit corporation with a public purpose. The institute is
governed by a board of 9 private sector members appointed by the
Governor; the Commissioner of Economic and Community Development;
the Chancellor of the University of Maine System; the President
of the Maine Science and Technology Foundation, who serves as a
nonvoting member; the Director of the State Planning Office, who
serves as a nonvoting member; and the Maine Technology Institute
Director, who serves as a nonvoting member. The position of
Maine Technology Institute Director at the Department of Economic
and Community Development is appointed by the Governor and
approved by a majority of the board to serve as president of the
institute.

 
The purpose of the institute is to encourage, promote,
stimulate and support research and development activity leading
to the commercialization of new products and services in the
State's technology-intensive industrial sectors to create new
jobs for Maine people. The institute will disburse funds through
grants, direct investments and loans to private companies,
targeted technology incubators and nonprofit research
laboratories. The institute will work directly with and provide
staffing to targeted technologies to stimulate and manage the
research and development grant process through technology-
specific boards consisting of private sector representatives,
scientists and others. Each targeted technology board will
establish goals and objectives for its sector, establish research
and development priorities, help companies network with each
other and advise them on funding opportunities and the
availability of other support services, prepare criteria by which
to evaluate proposals, solicit and receive competitive funding
proposals, arrange for peer reviews and screen proposals and
select those to be forwarded to the institute's board for final
evaluation.

 
The general corporate powers and duties of the institute as a
nonprofit corporation with a public purpose include the right to
hire staff and establish salaries, to sue and be sued, to enter
into contracts and to incur debt.


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