LAC 13:I.4901
LAC 13:I.4901. Purpose
Cite as La. Admin. Code tit. 13, pt. I, ยง 4901
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.