Definitions

  1. Law
  2. Arkansas Code
  3. Natural Resources and Economic Development
  4. Development Of Economic And Natural Resources Generally
  5. Division of Science and Technology
  6. Arkansas Small Business Innovation Research Matching Grant Program
  7. Definitions

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As used in this subchapter:

  1. (1) “Eligible business” means a for-profit business that:

    1. (A) Is registered as a business entity in good standing with the Secretary of State; and

    2. (B) Has its principal place of business in Arkansas;

  2. (2) “Matching grant” means a discretionary grant of up to fifty percent (50%) of the amount of a federal Small Business Innovation Research grant for each approved matching grant application;

  3. (3) “Principal investigator/project manager” means the primary individual designated by an eligible business to provide the scientific and technical direction to a project supported by a matching grant; and

  4. (4) “Small Business Innovation Research Program” means the federal program administered by the United States Small Business Administration according to regulations adopted pursuant to 15 U.S.C. § 638, as it existed on October 1, 2016, which provides funds for Phase I and Phase II Small Business Innovation Research grants through participating federal agencies.


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