An Act To Improve Assistance for Technology-based Entrepreneurs
Sec. 1. 5 MRSA §12004-G, sub-§33-E, as amended by PL 2005, c. 19, §1, is repealed.
Sec. 2. 5 MRSA §15321, as amended by PL 2007, c. 597, §7, is further amended to read:
§ 15321. Technology centers
(1) The Commissioner of Economic and Community Development or the commissioner's designee;
(3) A representative from each technology center, chosen by that center;
(4) A representative from the University of Maine System, chosen by the Chancellor of the University of Maine System;
(5) A representative of the Maine Community College System, chosen by the President of the Maine Community College System;
(6) A representative of a nonprofit organization that is funded by the State and promotes the State to business entities, chosen by that organization;
(7) An attorney, chosen by the Commissioner of Economic and Community Development;
(8) A financial expert, chosen by the Commissioner of Economic and Community Development; and
(9) A representative of the institute.
(1) Services made available to a technology center by the center director must be made available to all tenants clients of a for-profit center.
(2) A for-profit center in a targeted technology may apply for available funding. A for-profit center selected for funding shall accept the funding as a loan that may be paid back in the form of cash, equity or royalties as agreed upon by the for-profit center and the Department of Economic and Community Development.
(1) A record obtained or developed by a technology center prior to receipt of a written application or proposal in a form acceptable to the technology center for assistance from the technology center. After receipt by the technology center of the application or proposal, a record pertaining to the application or proposal may not be considered confidential unless it is confidential under another provision of this paragraph;
(2) A peer review or analysis or other document related to the evaluation of a grant application or proposal;
(3) A record that the person, including the technology center, to whom the record belongs or pertains has requested be designated confidential and that the technology center has determined contains proprietary information, trade secrets or commercial or financial information, the release of which could be competitively harmful to the submitter of the information, could impair the technology center's ability in the future to obtain similar necessary information solely through the voluntary provision of such information and could affect other technology center interests, such as program effectiveness and compliance. For purposes of this subparagraph, the following terms have the following meanings.
(a) "Commercial or financial information" means information related to businesses, commerce, trade, employment, profits or finances, including personal finances.
(b) "Trade secret" means a secret, commercially valuable plan, formula, process or device that is used for the making, preparing, compounding or processing of trade commodities and that can be said to be the end product of either innovation or substantial effort. There must be a direct relationship between the trade secret and the productive process;
(4) A financial statement, credit report or tax return of an individual or other record obtained or developed by the technology center, the disclosure of which would constitute an invasion of personal privacy as determined by the technology center;
(5) A record, including a financial statement or tax return obtained or developed by the technology center in connection with a monitoring or servicing activity of the technology center, pertaining to financial assistance provided or to be provided by or with the assistance of the technology center;
(6) A record obtained or developed by the technology center that contains an assessment by a person who is not employed by the technology center of the creditworthiness or financial condition of a person or project;
(7) A financial statement or business and marketing plan in connection with a project receiving or to receive financial or other assistance from the technology center, if the person to whom the statement or plan belongs or pertains has requested that the record be designated confidential; and
(8) Those employee personnel records made confidential pursuant to section 957, subsection 5 and section 17057.
(1) One-on-one sessions;
(2) Peer networks;
(3) Classroom training on subjects unique to technology commercialization and the management of high-growth enterprises;
(4) Mentor programs that link senior technology executives with entrepreneurs; and
(5) Networking opportunities.