{"data":{"id":"us-ga/o.c.g.a.-50-7-90","jurisdiction":"us-ga","citation":"O.C.G.A. § 50-7-90","heading":"Definitions.","body":"As used in this Code section, the term:\n(1) “Innovation” means the use or incorporation of a new idea, a new or emerging technology, or a new use of existing technology to address a problem, provide a benefit, or otherwise offer a product or service.\n(2) “Innovative product or service” means a product or service that includes an innovation.\n(3) “Startup” means an entity that:\n(A) Once it is operational, intends to:\n(i) Offer an innovative product or service as its principal function;\n(ii) Be registered as a business entity in Georgia; and\n(iii) Have its principal place of business in Georgia; and\n(B) Was created or developed by one or more individuals who have never owned, directly or indirectly, more than 25 percent of any business that has had more than $100,000.00 in gross receipts in a single year.","path":["TITLE 50 State Government","CHAPTER 7 Department of Economic Development","Article 8 Innovation in Georgia"],"source_url":"https://archive.org/download/gov.ga.ocga.2018/release86.2022.11/gov.ga.ocga.title.50.odt","current_through":"Release 86 (2022-11)","vintage":"Public.Resource.Org bulk O.C.G.A., Release 86 (2022-11), retrieved 2026-09-17","retrieved_at":"2026-09-17T19:34:58Z","sha256":"996344b5cbce7daca85db43cbaabab446b418782fb8633a749cea2a9cd521279","source_id":"us-ga","stale":false,"prev":"us-ga/o.c.g.a.-50-7-80","next":"us-ga/o.c.g.a.-50-7-91"},"notice":"GroundRules: Original legal text. Not legal advice."}