15-5-1410. Legislative findings.

Arkansas Code — all titles (historical 2020) · legal_authorities

15-5-1410. Legislative findings.

15-5-1410. Legislative findings. The General Assembly finds: (1) There is a need to strengthen and advance the infrastructure that supports and accelerates the advancement of the growth of technology-based enterprises in Arkansas; (2) There exists a shortage of risk capital and financial assistance at the early stages of development for technology-based enterprises; (3) An improved investment climate for early stage technology-based enterprises is expected to increase, advance, and accelerate the growth and development of technology-based enterprises in Arkansas; (4) The ultimate goal of supporting technology-based enterprises is to convert research and development activities and early stage technology-based enterprises into viable commercial ventures; and (5) The provision of financial investment and assistance to aid early stage technology-based enterprises is expected to strengthen the economic base of the State of Arkansas and create better paying jobs, thereby benefiting all residents of the state.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 15-5-1410

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.