[Code of Federal Regulations]
[Title 13, Volume 1]
[Revised as of January 1, 2007]
From the U.S. Government Printing Office via GPO Access
[CITE: 13CFR306.4]

[Page 621]
 
                TITLE 13--BUSINESS CREDIT AND ASSISTANCE
 
CHAPTER III--ECONOMIC DEVELOPMENT ADMINISTRATION, DEPARTMENT OF COMMERCE
 
PART 306_TRAINING, RESEARCH AND TECHNICAL ASSISTANCE INVESTMENTS--Table of Contents
 
        Subpart B_University Center Economic Development Program
 
Sec.  306.4  Purpose and scope.


    The University Center Economic Development Program is intended to 
help improve the economies of distressed Regions. Institutions of higher 
education have many assets, such as faculty, staff, libraries, 
laboratories and computer systems that can address local economic 
problems and opportunities. With Investment Assistance, institutions of 
higher education establish and operate research centers (``University 
Centers'') that provide technical assistance to public and private 
sector organizations with the goal of enhancing local economic 
development.