Arkansas Statutes
§ 15-3-702 — Legislative findings
Arkansas·Title 15
The General Assembly finds that:
(1)The federal Small Business Innovation Research Program encourages innovative small businesses to engage in federal research and commercialization that has the potential for technological innovation and commercialization;
(2)Stimulating research and commercialization grows the economy by leveraging investment, creating exportable products and services, and creating and retaining high-wage, high-tech jobs in moderately and highly skilled occupations;
(3)Arkansas consistently ranks poorly among states in the number of federal Small Business Innovation Research grants awarded; and (4) An inducement, in the form of a matching grants program, is needed to encourage Arkansas businesses to apply for federal Small Business Innovation Research grants and realiz
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Legislative History
Added by Act 2017, No. 166,§ 2, eff. 10/1/2017.
Nearby Sections
15
§ 15-1-101
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