262B.21 Research and development platforms.
1. For purposes of this section and section 262B.23, “core platform areas” means the areas of advanced manufacturing, biosciences, information solutions, and financial services.
2. The state board of regents shall do all of the following:
a. Recruit employees, build capacity, and invest moneys to ensure rapid scientific progress in the core platform areas.
b. Create endowed chair positions and employ persons with entrepreneurial expertise.
c. Invest in technology development infrastructure to strengthen and accelerate the scientific and commercialization work in the core platform areas.
d. Provide financial assistance in the form of grants for purposes of accelerating the transformation of new and ongoing research and development initiatives in the core platform areas into commercial opportunities.
e. Actively participate in advisory groups dedicated to the areas of bioscience advanced manufacturing, and information solutions.
2006 Acts, ch 1179, §48; 2007 Acts, ch 122, §5