D. The records and proceedings of the applied technology development centers are not considered public for the purposes of Title 1, chapter 13.

4. Funding. The following provisions govern funding for applied technology development centers.

A. An applicant may not receive more than $750,000 from the system in an initial funding for an applied a technology development center.

B. An entity that requests initial funding for an applied technology development center shall obtain or must have obtained at least 25% of the funding from nonstate sources. These sources may include in-kind donations, federal grants, federal funding, local funding initiatives and private foundation grants. The Applied Technology Development Center System Coordinating Board shall determine whether the matching funds meet this requirement. The Center for Environmental Enterprise in South Portland, the Target Technology Center in Orono, the Thomas M. Teague Biotechnology Park in Fairfield and the Loring Biotechnology Incubator in Limestone must meet this requirement in order to receive funding under this subsection.

5. Relationship with academic institution. An applied A technology development center shall establish a relationship with at least one academic institution in this State. The Applied Technology Development Center System Coordinating Board shall establish guidelines for such a relationship and determine whether an applied a technology development center has met the requirements of this subsection.

6. Rule-making authority. The Department of Economic and Community Development may adopt rules to carry out the purposes of this section. Rules adopted pursuant to this section are routine technical rules as defined in chapter 375, subchapter II- A 2-A.