OAR 123-084-0020: Definitions

(1) “Business Accelerator” means a company: (a) Operating principally in this state; (b) With demonstrated success in operating educational programs in which outdoor gear and apparel industry veterans mentor cohorts of founders of emerging outdoor gear and apparel industry companies located in this state; and (c) Whose purpose is to help incubate and accelerate the growth of emerging companies. (2) “Cash Match” means moneys expended by the Program applicant, not covered by Grant funding, that are reasonable, necessary and directly related to the Program Project. (3) “In-kind Match” means the value of time, services, equipment or any other portion of the Project costs not covered by Program Grant funding or Cash Match provisions that are reasonable, necessary, and directly related to the Program Project. In-kind Match includes the value of volunteer work provided. (4) “Lead Organization” means the entity that is the applicant for one or more businesses, nonprofit organizations, Membership Organizations, or Business Accelerators. (5) “Membership Organization” means a nonprofit organization: (a) Operating principally in this state; (b) Consisting of member businesses from the outdoor gear and apparel industry whose principal place of business is in this state; and (c) That has the purpose of growing the outdoor gear and apparel industry at the state or regional level. (6) “Outdoor gear and apparel industry” means all traded sector businesses that manufacture gear and apparel for use in outdoor recreation. (7) “Outdoor Recreation” means activities undertaken for pleasure outdoors in natural environments. (8) “Traded sector” has the meaning given that term in ORS 285B.280.