HAR §15-32-2. Definitions

As used in this chapter, unless a different meaning clearly appears in context: "Board" means the board ofdirectors ofthe development corporation. "Development corporation" means the Hawaii technology development corporation established by chapter 206M, HRS. "Grant" means financial assistance provided to SBIR and STTR awardees and applicants under the terms and conditions provided in this chapter. "Hawaii Small Business Innovation Research and Small Business Technology Transfer Grant Program" means the programs administered by the development corporation to encourage participation by Hawaii companies in the federal SBIR and STTR programs. "HRS" means the Hawaii Revised Statutes. "Recipient" means any business receiving a grant under this chapter. "SBIR" means Small Business Innovation Research. "SBIR phase I award" means an award or contract granted by an agency of the federal government for preliminary investigation under the Small Business Innovation Research Program. "SBIR phase II award" means an award or contract granted by an agency ofthe federal government for further investigation ofselected S BIR phase I projects. "SBIR phase III award" means an award or contract funded by the private sector or government source outside ofthe SBIR program, for the small business to pursue commercialization objectives resulting from SBIR phase I or phase II research and development activities. "State" means the State of Hawaii. "STTR" means Small Business Technology Transfer. ''STTR phase I award" means an award or contract granted by an agency ofthe federal government for preliminary investigation under the Small Business Technology Transfer Program. 32-2 § 15-32-4 "STTR phase II award" means an award or contract granted by an agency ofthe federal government for further investigation of selected STTR phase I projects. "STTR phase III award" means an award or contract funded by the private sector or government source outside of the SBIR program, for the small business to pursue commercialization objectives resulting from STTR phase I or phase II research and development activitiesFLEff Ji/21/89; am and comp 12/ 13/12; am and comp 3/11/16; am and comp EB U3 2019 ] (Auth: HRS §206M­ 15) (Imp: HRS §206M-15)