Applicant-a person requesting a grant award from LED under this program.
Business Operations-the location where significant administrative or managerial activities of a business are conducted and research and development work is performed.
Department-Louisiana Department of Economic Development.
Federal Notice of Award-a document issued by a federal agency evidencing approval of a Phase II SBIR or Phase II STTR application, including but not limited to amount of funding awarded, agreement number and topic number.
LED-Louisiana Department of Economic Development.
LED Grant Letter-a letter issued by LED to a person for a particular calendar year, setting forth the amount, terms and conditions of the grant.
Out of State Small Business-a business domiciled outside of Louisiana that qualifies as a small business according to the United States Small Business Administration's size standards.
Person-any natural person or legal entity including an individual, corporation, partnership, or limited liability company.
REAL-Regional Economic Alliance of Louisiana.
Recruitment Fund-Small Business Innovation Recruitment Fund.
Relocate-relocate business operations from an out of state location to Louisiana. The company shall be required to maintain a physical location in this state, be licensed to conduct business in this state and shall be required to file a Louisiana income tax return.
Secretary-Secretary of the Louisiana Department of Economic Development.
La. Admin. Code tit. 13, § I-5103