W. Va. Code R. § 145-15-4

Current through Register Vol. XLI, No. 50, December 13, 2024

Section 145-15-4 - Creating a Matching Program

4.1. The West Virginia SBIR/STTR matching funds program shall be administered by the Department.

4.2. In order to foster job creation and economic development in the state, the Department may provide grants to eligible small businesses to prepare a competitive Phase I proposal, or to match funds they receive from Small Business Innovation Research or Small Business Technology Transfer Phase I and Phase II awards.

4.3. The Department will pay the grants from the fund known as the "Entrepreneurship and Innovation Investment Fund" created pursuant to §5B-2-16 of this code.

W. Va. Code R. § 145-15-4