Section 3101. Purposes of the corporation  


Latest version.
  • The purposes of the corporation
      shall be to encourage and promote:
        1. Scientific and technological education in the state; and
        2. Basic and applied research and development in the state.
        3. The development of new commercial products and the  fabrication  of
      such products in the state.
        The  corporation shall encourage and promote cooperative efforts among
      government, the private sector, and universities  and  colleges  in  the
      state, for these purposes.