Arkansas § 15-3-704 Administration

Arkansas Statutes

§ 15-3-704 — Administration

Arkansas § 15-3-704

Title15

This text of Arkansas § 15-3-704 (Administration) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ark. Code Ann. § 15-3-704 (2026).

Text

(a)(1) The Arkansas Small Business Innovation Research Matching Grant Program is created.

(2)The Division of Science and Technology of the Arkansas Economic Development Commission shall administer the program.

(b)The division shall:

(1)Create application forms to be submitted by eligible businesses seeking a matching grant from the program;

(2)Devise an application process that:

(A)Defines the eligibility criteria for a matching grant; and (B) Establishes application submittal and review processes;

(3)Define a process by which matching grants may be awarded; and (4) Execute standard legal grant agreements and other documentation governing the disbursement and use of matching grants.

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(a) (1) The Arkansas Small Business Innovation Research Matching Grant Program is created. (2) The Division of Science and Technology of the Arkansas Economic Development Commission shall administer the program. (b) The division shall: (1) Create application forms to be submitted by eligible businesses seeking a matching grant from the program; (2) Devise an application process that: (A) Defines the eligibility criteria for a matching grant; and (B) Establishes application submittal and review processes; (3) Define a process by which matching grants may be awarded; and (4) Execute standard legal grant agreements and other documentation governing the disbursement and use of matching grants.