As used in ORS 348.701 to 348.710:
(1) “Board” means the Oregon Growth Account Board established in ORS 348.707.
(2) “Emerging growth business” means an individual or group of individuals or a new or small company, including but not limited to any new or small partnership, limited liability company, corporation, firm, association or other entity, that has the capacity, upon obtaining appropriate capital, to generate significant high skill, high wage employment.
(3) “Management company” includes an individual or group of individuals, firm, association, limited partnership, partnership, corporation or other investment company.
(4) “Seed capital” means financing that is provided for the initial phases, including the first phase, of development, refinement and commercialization of a technology, product, process or innovation, including but not limited to facilitating technology transfers related to academic research, discoveries or developments for the purpose of commercialization of a technology, product, process or innovation. [1995 c.811 §5(5); 1997 c.323 §1; 1999 c.42 §3; 1999 c.54 §1; 2001 c.52 §1; 2001 c.922 §1; 2005 c.835 §25; 2007 c.172 §1]
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