Robust industry clusters — geographic concentrations of interconnected firms and related institutions in a field — drive competitiveness and innovation by fostering dynamic interactions among businesses such as labor force pooling, supplier specialization, collaborative problem solving, technology exchange and knowledge sharing. It is the intention of the general assembly to foster such industry clusters by creating a grant program to stimulate cluster initiatives and enhance industry competitiveness.
History of Section.
P.L. 2015, ch. 141, art. 19, § 12.