Browse Arkansas Code titles and sections
15-3-503. Advice and recommendations.
Arkansas Code — all titles (historical 2020) · legal_authorities
15-3-503. Advice and recommendations.
(a) The Board of Directors of the Division of Science and Technology of the Arkansas Economic Development Commission shall advise the Governor, the General Assembly, the Arkansas Economic Development Commission, and other agencies responsible for programs enumerated in subsection (b) of this section.
(b)(1) The board shall make recommendations regarding support and assistance for the accelerated growth of knowledge-based and high-technology jobs in the state through focused funding of the state's initiatives and programs.
(2) For funds in or allocated to the Arkansas Acceleration Fund, § 19-5-1243, the board shall make recommendations to the commission regarding the allocation or reallocation of funds and moneys for programs and initiatives authorized by the:
(A) Arkansas Research Alliance Act, § 15-3-301 et seq.;
(B) Innovate Arkansas Fund, § 19-5-1237;
(C) Venture Capital Investment Act of 2001, § 15-5-1401 et seq.;
(D) Supplemental science, technology, engineering, and math fund grants under § 6-17-2701 et seq.;
(E) Existing programs of the commission authorized under § 15-3-101 et seq., § 15-3-201 et seq., and § 15-3-401 et seq.;
(F) [Repealed.]
(G) Any other programs or activities aimed at the creation of knowledge-based and high-technology jobs;
(H) Arkansas Business and Technology Accelerator Act, § 15-3-601 et seq.; and
(I) Arkansas Small Business Innovation Research Matching Grant Program, § 15-3-701 et seq.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 15-3-503
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.
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Stable record: arkansas_code:legal_authorities:15-3-503
Source file: gov.ar.code.title.15.odt
Pages: Not recorded – Not recorded
Passage SHA-256: bf6bed178f10d1ae2b32f9338bfa1d33b2235924e0ec45fc38a33d4c31fa0dba
Source location: content.xml paragraph 916
Stored source content
15-3-503. Advice and recommendations.
(a) The Board of Directors of the Division of Science and Technology of the Arkansas Economic Development Commission shall advise the Governor, the General Assembly, the Arkansas Economic Development Commission, and other agencies responsible for programs enumerated in subsection (b) of this section.
(b)(1) The board shall make recommendations regarding support and assistance for the accelerated growth of knowledge-based and high-technology jobs in the state through focused funding of the state's initiatives and programs.
(2) For funds in or allocated to the Arkansas Acceleration Fund, § 19-5-1243, the board shall make recommendations to the commission regarding the allocation or reallocation of funds and moneys for programs and initiatives authorized by the:
(A) Arkansas Research Alliance Act, § 15-3-301 et seq.;
(B) Innovate Arkansas Fund, § 19-5-1237;
(C) Venture Capital Investment Act of 2001, § 15-5-1401 et seq.;
(D) Supplemental science, technology, engineering, and math fund grants under § 6-17-2701 et seq.;
(E) Existing programs of the commission authorized under § 15-3-101 et seq., § 15-3-201 et seq., and § 15-3-401 et seq.;
(F) [Repealed.]
(G) Any other programs or activities aimed at the creation of knowledge-based and high-technology jobs;
(H) Arkansas Business and Technology Accelerator Act, § 15-3-601 et seq.; and
(I) Arkansas Small Business Innovation Research Matching Grant Program, § 15-3-701 et seq.
Cross-references
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Arkansas Code — all titles (historical 2020) · legal_authorities
15-3-301. Title.
This subchapter shall be known and may be cited as the “Arkansas Research Alliance Act”.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 15-3-301
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. The source passage cites 15-3-301. This identifies an authority to review, not proof of applicability.
Arkansas Code — all titles (historical 2020) · legal_authorities
15-5-1401. Title.
This subchapter shall be known and may be cited as the “Venture Capital Investment Act of 2001”.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 15-5-1401
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. The source passage cites 15-5-1401. This identifies an authority to review, not proof of applicability.
Arkansas Code — all titles (historical 2020) · legal_authorities
19-5-1237. Innovate Arkansas Fund.
(a) There is created on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a fund to be known as the “Innovate Arkansas Fund”.
(b) The fund shall consist of funds as may be provided for by law.
(c) The fund shall be used by the Arkansas Economic Development Commission for the sole support of a contract between the commission and the entity selected to provide support and assistance for development and growth of knowledge-based and technology-based companies in the State of Arkansas.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 19-5-1237
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. The source passage cites 19-5-1237. This identifies an authority to review, not proof of applicability.
Arkansas Code — all titles (historical 2020) · legal_authorities
19-5-1243. Arkansas Acceleration Fund.
(a) There is created on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a miscellaneous fund to be known as the “Arkansas Acceleration Fund”.
(b) The fund shall consist of:
(1) Funds provided by law; and
(2) Grants made by any person or federal government agency.
(c) The fund shall be used by the Division of Science and Technology of the Arkansas Economic Development Commission to provide support and assistance for the accelerated growth of knowledge-based and high-technology jobs in the State of Arkansas through focused funding of the state initiatives and programs as defined under the Arkansas Acceleration Fund Act, § 15-3-501 et seq.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 19-5-1243
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. The source passage cites 19-5-1243. This identifies an authority to review, not proof of applicability.