Bill Summary for H 965 (2021-2022)
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Summary date:
Jun 9 2021
Bill Information:
View NCGA Bill Details | 2021 |
AN ACT TO MODIFY AND ENHANCE THE ONE NORTH CAROLINA SMALL BUSINESS PROGRAM.Intro. by Johnson, K. Hall, Saine, Reives.
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Bill summary
House committee substitute to the 1st edition makes the following changes.
Adds to the proposed revisions to the NC Small Business Innovation Research (SBIR)/Small Business Technology Transfer Research (STTR) Incentive Program under GS 143B-437.80 to specify that a grant to a business partnered with a public institution of higher education in the State does not count toward the maximum grant limitation set by the statute, as amended.
Further amends the SBIR/STTR matching requirements set forth in GS 143B-437.81 to specify that an award to a business partnered with a public institution of higher education in the State does not count toward the maximum award limitation set by the statute, as amended.