[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: 13CFR306.6]

[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.  306.6  Application requirements.

    (a) EDA will provide Investment Assistance under this subpart for 
the period of time required to complete the Project's scope of work, as 
specifically outlined in the applicable FFO.
    (b) For a Project of significant Regional or national scope, EDA may 
waive the requirement set forth in Sec.  301.2(b) of this chapter that 
the non-profit organization act in cooperation with officials of a 
political subdivision of a State.
    (c) The Investment Rate for Investments under this subpart shall be 
determined in accordance with Sec.  301.4(b)(4) of this chapter.
    (d) At least eighty (80) percent of EDA funding must be allocated to 
direct costs of program delivery.