Browse Arkansas Code titles and sections
15-3-703. Definitions.
Arkansas Code — all titles (historical 2020) · legal_authorities
15-3-703. Definitions.
As used in this subchapter:
(1) “Eligible business” means a for-profit business that:
(A) Is registered as a business entity in good standing with the Secretary of State; and
(B) Has its principal place of business in Arkansas;
(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) “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) “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.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 15-3-703
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:15-3-703
Source file: gov.ar.code.title.15.odt
Pages: Not recorded – Not recorded
Passage SHA-256: a0fc2b746aa6bf0d397b4de3db1be392c4965e5a28960198ecec95cedb27fb69
Source location: content.xml paragraph 1088
Stored source content
15-3-703. Definitions.
As used in this subchapter:
(1) “Eligible business” means a for-profit business that:
(A) Is registered as a business entity in good standing with the Secretary of State; and
(B) Has its principal place of business in Arkansas;
(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) “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) “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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Federal law — U.S. Code and appendices · legal_authorities
**(a) Declaration of policy** Research and development are major factors in the growth and progress of industry and the national economy. The expense of carrying on research and development programs is beyond the means of many small-business concerns, and such concerns are handicapped in obtaining the benefits of research and development programs conducted at Government expense. These small-business concerns are thereby placed at a competitive disadvantage. This weakens the competitive free enterprise system and prevents the orderly development of the national economy. It is the policy of the Congress that assistance be given to small-business concerns to enable them to undertake and to obtain the benefits of research and development in order to maintain and strengthen the competitive free enterprise system and the national economy.
**(b) Assistance to small-business concerns** It shall be the duty of the Administration, and it is empowered—
(1) to assist small-business concerns to obtain Government contracts for research and development;
(2) to assist small-business concerns to obtain the benefits of research and development performed under Government contracts or at Government expense;
(3) to provide technical assistance to small-business concerns to accomplish the purposes of this section;
(4) to develop and maintain a source file and an information program to assure each qualified and interested small business concern the opportunity to participate in Federal agency small business innovation research programs and small business technology transfer programs;
(5) to coordinate with participating agencies a schedule for release of SBIR and STTR solicitations, and to prepare a master release schedule so as to maximize small businesses’ opportunities to respond to
Source: Supplied U.S. Code snapshot — release unconfirmed · 15 U.S.C. § 638
Stored review status: release_metadata_unconfirmed. The source passage cites 15 U.S.C. § 638. This identifies an authority to review, not proof of applicability.
Federal law — U.S. Code and appendices · legal_authorities
Page 922
TITLE 15—COMMERCE AND TRADE
§ 637d
(3) the term ‘‘Government procurement con-
tract’’ means any contract for the procure-
ment of any goods or services by any Federal
agency.
(Pub. L. 95–507, title II, § 224(a), Oct. 24, 1978, 92
Stat. 1772; Pub. L. 108–271, § 8(b), July 7, 2004, 118
Stat. 814.)
Editorial Notes
REFERENCES IN TEXT
This Act, referred to in text, means Pub. L. 95–507,
Oct. 24, 1978, 92 Stat. 1757. For complete classification
of this Act to the Code, see Tables.
CODIFICATION
Section was not enacted as part of the Small Busi-
ness Act which comprises this chapter.
AMENDMENTS
2004—Par. (2). Pub. L. 108–271 substituted ‘‘Govern-
ment Accountability Office’’ for ‘‘General Accounting
Office’’.
§ 637d. Subcontracting plan reports
(1) Reporting requirements
Not later than 1 year after January 2, 2013, the
Administrator of the Small Business Adminis-
tration shall take such actions as are necessary
to ensure that the electronic subcontracting re-
porting system established by the Administra-
tion to carry out the requirement of section
637(d)(6)(E) of this title is modified to ensure
that it can identify entities that fail to submit
required reports.
(2) Annual report
Not later than March 31 of each year, the Ad-
ministrator of the Small Business Administra-
tion shall provide the Committee on Small Busi-
ness of the House of Representatives and the
Committee on Small Business and Entrepre-
neurship of the Senate a report, based on data
available through existing systems, that sets
forth, by agency (and to the extent practicable,
by type of goal or plan), the following informa-
tion:
(A) the percentage of entities required to
submit reports pursuant to section 637(d)(6) of
this title that filed such reports and that
failed t
Source: Supplied 2024 U.S. Code historical extraction · 15 U.S.C. § 638
Stored review status: historical_2024_not_currentness_verified. The source passage cites 15 U.S.C. § 638. This identifies an authority to review, not proof of applicability.