13 CFR § 306.4 - Purpose and scope.

---
identifier: "/us/cfr/t13/s306.4"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "13 CFR § 306.4 - Purpose and scope."
title_number: 13
title_name: "Business Credit and Assistance"
section_number: "306.4"
section_name: "Purpose and scope."
chapter_name: "ECONOMIC DEVELOPMENT ADMINISTRATION, DEPARTMENT OF COMMERCE"
part_number: "306"
part_name: "TRAINING, RESEARCH AND TECHNICAL ASSISTANCE INVESTMENTS"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "42 U.S.C. 3147; 42 U.S.C. 3196; 42 U.S.C. 3211; Department of Commerce Organization Order 10-4."
regulatory_source: "71 FR 56675, Sept. 27, 2006, unless otherwise noted."
cfr_part: "306"
---


# 306.4 Purpose and scope.

The University Center Economic Development Program is intended to help improve the economies of distressed Regions. Institutions of higher education have many assets, such as faculty, staff, libraries, laboratories, and computer systems that can address local economic problems and opportunities. With Investment Assistance, institutions of higher education establish and operate research centers (“*University Centers”*) that provide technical assistance to public and private sector organizations with the goal of enhancing local economic development.

[79 FR 76132, Dec. 19, 2014]