Ark. Code Ann. § 15-3-702
This is the official text of Ark. Code Ann. § 15-3-702, part of Arkansas’s Code Ann — part of the compiled statutory law of Arkansas, published by the state as "Code Ann." Browse the sections below, each linked to its official government source.
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Legislative findings
Official statutory text
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 realize economic benefits of commercialized research. Added by Act 2017, No. 166,§ 2, eff. 10/1/2017.
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 realize economic benefits of commercialized research.
Added by Act 2017, No. 166,§ 2, eff. 10/1/2017.
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 realize economic benefits of commercialized research.
Added by Act 2017, No. 166,§ 2, eff. 10/1/2017.
Status: in_force
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