[Code of Federal Regulations]
[Title 15, Volume 1, Parts 0 to 299]
[Revised as of January 1, 2001]
From the U.S. Government Printing Office via GPO Access
[CITE: 15CFR295.1]

[Page 453-454]
 
                  TITLE 15--COMMERCE AND FOREIGN TRADE
 
 CHAPTER II--NATIONAL INSTITUTE OF STANDARDS AND TECHNOLOGY, DEPARTMENT 
                               OF COMMERCE
 
PART 295--ADVANCED TECHNOLOGY PROGRAM--Table of Contents
 
                           Subpart A--General
 
Sec. 295.1  Purpose.


    (a) The purpose of the Advanced Technology Program (ATP) is to 
assisted United States businesses to carry out research and development 
on high risk, high pay-off, emerging and enabling technologies. These 
technologies are:
    (1) High risk, because the technical challenges make success 
uncertain;
    (2) High pay-off, because when applied they offer significant 
benefits to the U.S. economy; and
    (3) Emerging and enabling, because they offer wide breadth of 
potential application and form an important technical basis for future 
commercial applications.
    (b) The rules in this part prescribe policies and procedures for the 
award of cooperative agreements under the Advanced Technology Program in

[[Page 454]]

order to ensure the fair treatment of all proposals. While the Advanced 
Technology Program is authorized to enter into grants, cooperative 
agreements, and contracts to carry out its mission, the rules in this 
part address only the award of cooperative agreements. The Program 
employs cooperative agreements rather than grants because such 
agreements allow ATP to exercise appropriate management oversight of 
projects and also to link ATP-funded projects to ongoing R&D at the 
National Institute of Standards and Technology wherever such linkage 
would increase the likelihood of success of the project.
    (c) In carrying out the rules in this part, the Program endeavors to 
put more emphasis on joint ventures and consortia with a broad range of 
participants, including large companies, and less emphasis on support of 
individual large companies.

[62 FR 64684, Dec. 9, 1997]