Eligibility for grants

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To qualify for a grant authorized under § 15-3-404, a business shall:

  1. (1) Have operations within the State of Arkansas that are in one (1) of the six (6) categories of targeted businesses identified in § 15-4-2703(43)(A);

  2. (2) Pay average hourly wages in excess of one hundred ten percent (110%) of the county or state average hourly wage, whichever is less;

  3. (3) Agree to hire a postdoctoral graduate; and

  4. (4) Provide proof that the postdoctoral graduate is an Arkansas taxpayer and a resident of the State of Arkansas.


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