{"data":{"id":"us-ar/ark.-code-ann.-15-3-705","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 15-3-705","heading":"Eligibility","body":"(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. Amended by Act 2019, No. 384,§ 1, eff. 7/24/2019. Added by Act 2017, No. 166,§ 2, eff. 10/1/2017.\n\n(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.\n\n(1) Be an eligible business; and\n\n(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.\n\n(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\n\n(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\n\n(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\n\n(a) Submitted a final Phase I report to the sponsoring agency;\n\n(b) Demonstrated that the sponsoring agency has interest in the Phase II proposal; and\n\n(c) Submitted a Phase II proposal to the sponsoring agency; and\n\n(B) All federal Small Business Innovation Research grant requirements will be met.\nerest in the Phase II proposal; and (c) Submitted a Phase II proposal to the sponsoring agency; and\n\n(a) Submitted a final Phase I report to the sponsoring agency;\n\n(b) Demonstrated that the sponsoring agency has interest in the Phase II proposal; and\n\n(c) Submitted a Phase II proposal to the sponsoring agency; and\n\n(B) All federal Small Business Innovation Research grant requirements will be met.\n\n(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.\n\n(1) Remain in Arkansas for the duration of the matching grant project;\n\n(2) Designate an Arkansas resident or employee as the principal investigator/project manager during the duration of the matching grant; and\n\n(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.\n\n(A) Advanced materials and manufacturing systems;\n\n(B) Agriculture, food, and environmental sciences;\n\n(C) Biotechnology, bioengineering, and life sciences;\n\n(D) Information technology;\n\n(E) Transportation logistics; and\n\n(F) Bio-based products.","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":"d8f519d154e59d09ff730cd1aaac1cb161607982c59f0554d4c89bea599e0a80","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-15-3-704","next":"us-ar/ark.-code-ann.-15-3-706"},"notice":"GroundRules: Original legal text. Not legal advice."}