15-3-705. Eligibility.

Arkansas Code — all titles (historical 2020) · legal_authorities

15-3-705. Eligibility.

15-3-705. Eligibility. (a) To be eligible for a matching grant under this subchapter, an applicant shall: (1) Be an eligible business; and (2) Certify that: (A) The eligible business: (i) For Phase I applications, has received a Small Business Innovation Research grant from a sponsoring agency in response to a specific federal solicitation; or (ii) For Phase II applications, has: (a) Submitted a final Phase I report to the sponsoring agency; (b) Demonstrated that the sponsoring agency has interest in the Phase II proposal; and (c) Submitted a Phase II proposal to the sponsoring agency; and (B) All federal Small Business Innovation Research grant requirements will be met. (b) An eligible business awarded a matching grant under this subchapter shall: (1) Remain in Arkansas for the duration of the matching grant project; (2) Designate an Arkansas resident or employee as the principal investigator/project manager during the duration of the matching grant; and (3) Be principally engaged in one (1) or more of the following targeted business activities: (A) Advanced materials and manufacturing systems; (B) Agriculture, food, and environmental sciences; (C) Biotechnology, bioengineering, and life sciences; (D) Information technology; (E) Transportation logistics; and (F) Bio-based products.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 15-3-705

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.