La. Admin. Code tit. 13 § I-4901

Current through Register Vol. 50, No. 11, November 20, 2024

Section I-4901 - Purpose

A. The purpose of this Chapter is to implement the Small Business Innovation Retention Fund Program as established by R.S. 51:2401.

B. This Chapter shall be administered to achieve the following purposes:

1. to support and retain Louisiana jobs in STEM and other high-tech industries; and

2. to retain Louisiana small innovative businesses by providing financial assistance to certain businesses that have received certain small business innovation research (SBIR) or small business technology transfer (STTR) grant funds.

La. Admin. Code tit. 13, § I-4901

Promulgated by the Department of Economic Development, Office of the Secretary, LR 49849 (5/1/2023).

AUTHORITY NOTE: Promulgated in accordance with R.S. 36:104 and 51:2401.