Arkansas § 15-3-602 Legislative findings

Arkansas Statutes

§ 15-3-602 — Legislative findings

The General Assembly finds that:

(1)Corporate growth requires the infusion of innovative ideas, products, and services;

(2)A critical component of creating high-skilled, high-wage jobs is the encouragement of the Arkansas innovation entrepreneurial ecosystem to develop technological products and services;

(3)Economic growth can be fostered by linking innovative new ideas, products, and services by entrepreneurs and start-up companies to corporate sponsors seeking the commercialization of new products and services; and (4) An inducement, in the form of a grant program, is needed to encourage Arkansas businesses to sponsor business and technology programs to mentor start-up companies, resulting in an infusion of new products and services to fuel corporate growth.

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The General Assembly finds that: (1) Corporate growth requires the infusion of innovative ideas, products, and services; (2) A critical component of creating high-skilled, high-wage jobs is the encouragement of the Arkansas innovation entrepreneurial ecosystem to develop technological products and services; (3) Economic growth can be fostered by linking innovative new ideas, products, and services by entrepreneurs and start-up companies to corporate sponsors seeking the commercialization of new products and services; and (4) An inducement, in the form of a grant program, is needed to encourage Arkansas businesses to sponsor business and technology programs to mentor start-up companies, resulting in an infusion of new products and services to fuel corporate growth.

Arkansas § 15-3-602 (Legislative findings) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.