To qualify for a grant authorized under § 15-3-404, a business shall:
(1) Have operations within the State of Arkansas that are in one (1) of the six (6) categories of targeted businesses identified in § 15-4-2703(43)(A);
(2) Pay average hourly wages in excess of one hundred ten percent (110%) of the county or state average hourly wage, whichever is less;
(3) Agree to hire a postdoctoral graduate; and
(4) Provide proof that the postdoctoral graduate is an Arkansas taxpayer and a resident of the State of Arkansas.
Structure Arkansas Code
Title 15 - Natural Resources and Economic Development
Subtitle 1 - Development Of Economic And Natural Resources Generally
Chapter 3 - Division of Science and Technology
§ 15-3-401. Legislative intent
§ 15-3-402. Application for funding
§ 15-3-403. Eligibility for grants