{"data":{"id":"us-ar/ark.-code-ann.-15-3-702","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 15-3-702","heading":"Legislative findings","body":"The General Assembly finds that:\n\n(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;\n\n(2) Stimulating research and commercialization grows the economy by leveraging investment, creating exportable products and services, and creating and retaining high-wage, high-tech jobs in moderately and highly skilled occupations;\n\n(3) Arkansas consistently ranks poorly among states in the number of federal Small Business Innovation Research grants awarded; and\n\n(4) An inducement, in the form of a matching grants program, is needed to encourage Arkansas businesses to apply for federal Small Business Innovation Research grants and realize economic benefits of commercialized research.","path":["AR Code","Title 15","Chapter 3","Subchapter 7"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_ar_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:41Z","sha256":"854457c074d28264a29e7de27d0f5d89c97684f025da3345d35dfd62a8396da5","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-15-3-701","next":"us-ar/ark.-code-ann.-15-3-703"},"notice":"GroundRules: Original legal text. Not legal advice."}