1. A. The purpose of this Chapter is to implement the Small Business Innovation Recruitment Fund Program as established by R.S. 51:2402.

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

   1. 1. to recruit out of state small businesses that have received Phase II Small Business Innovation Research (SBIR) or Phase II Small Business Technology Transfer (STTR) federal grant funds to move to Louisiana.

Authority Note

AUTHORITY NOTE: Promulgated in accordance with R.S. 36:104 and 51:2402.

Historical Note

HISTORICAL NOTE: Promulgated by the Department of Economic Development, Office of the Secretary, LR 49:1032 (June 2023).