(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. Added by Act 2017, No. 166,§ 2, eff. 10/1/2017. (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. Added by Act 2017, No. 166,§ 2, eff. 10/1/2017. (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. Added by Act 2017, No. 166,§ 2, eff. 10/1/2017. (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. (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. (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; (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.
‹ Prev All Arkansas sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.