§ 15-3-608. Rules
The Division of Science and Technology of the Arkansas Economic Development Commission shall promulgate rules to implement and administer this subchapter.
§ 15-3-701. Title
This subchapter shall be known and may be cited as the “Arkansas Small Business Innovation Research Matching Grant Program”.
§ 15-3-402. Application for funding
(a) The Arkansas Economic Development Commission shall make available forms upon which a business eligible for a grant under § 15-3-403 may apply for a grant to support the hiring of postdoctoral science and engineering graduates to work in areas of their expertise in Arkansas. (b) Within thirty (30) days of the receipt of an […]
§ 15-3-702. Legislative findings
The General Assembly finds that: (1) The federal Small Business Innovation Research Program encourages innovative small businesses to engage in federal research and commercialization that has the potential for technological innovation and commercialization; (2) Stimulating research and commercialization grows the economy by leveraging investment, creating exportable products and services, and creating and retaining high-wage, high-tech […]
§ 15-3-201. Legislative intent
A national ranking of Arkansas’s research performance in comparison with other states places our state forty-ninth. In order to be competitive in our economic and educational endeavors, it is critical that our research capabilities be upgraded. To be competitive will require a commitment on behalf of the state that is specifically targeted to improving our […]
§ 15-3-202. Creation
(a) There is created the Arkansas Research Matching Fund. (b) The fund shall be administered by the Arkansas Economic Development Commission and shall be for the benefit of colleges and universities located within the State of Arkansas. (c) In order to qualify for the research moneys to be made available through this fund, schools must […]
§ 15-3-203. Administration
(a) In order to obtain moneys from the Arkansas Research Matching Fund: (1) A college or university may provide the Arkansas Economic Development Commission with the research grant proposal for federal funds submitted with a letter of intent to apply for a match to one (1) of the funding agencies identified in § 15-3-205; (2) […]
§ 15-3-204. Disbursement of funds
(a) The matching funds authorized by this subchapter are to be used primarily to attract federal funds to the state for basic and strategic research. (b) The Director of the Arkansas Economic Development Commission, with the advice of the Board of Directors of the Division of Science and Technology of the Arkansas Economic Development Commission, […]
§ 15-3-205. Funds for match
Funds used under the provisions of this subchapter shall adhere to the following criteria: (1) Be used for the purposes of matching an approved grant from an eligible federal agency, limited to the following: (A) The National Science Foundation; (B) The National Institutes of Health; (C) The United States Department of Energy; (D) The United […]
§ 15-3-206. Reporting
The Arkansas Economic Development Commission shall present to the Governor’s office and the General Assembly a report on the investment from the Arkansas Research Matching Fund by April 1 of each even-numbered year.