---
kind: "section"
citation: "13 C.F.R. § 306.5"
title: "13"
number: "306.5"
heading: "Award requirements."
url: "https://uscodex.org/cfr/13/306.5"
---

# §306.5. Award requirements.


EDA provides Investment Assistance to University Center Projects in accordance with the general evaluation and selection criteria set forth in [part 301](/cfr/13/part301.md) of this chapter, the competitive selection process outlined in the applicable FFO, and the extent to which the Project:

- (a) Addresses the economic development needs, issues and opportunities of the Region and will benefit distressed areas in the Region;
- (b) Provides service and value that are unique and will maximize coordination with other organizations in the Region;
- (c) Has the commitment and support (both financial and non-financial) of the highest management levels of the sponsoring institution;
- (d) Outlines activities consistent with the expertise of the proposed staff, academic programs and other resources available within the sponsoring institution; and
- (e) **Documents past experience of the sponsoring institution in operating technical assistance programs.**

## Notes

### Authority

Authority: 42 U.S.C. 3147; 42 U.S.C. 3196; 42 U.S.C. 3211; Department of Commerce Organization Order 10-4.

### Source

Source: 71 FR 56675, Sept. 27, 2006, unless otherwise noted.