Bill Summary for H 965 (2021)

Summary date: 

Jun 9 2021

Bill Information:

View NCGA Bill Details2021
House Bill 965 (Public) Filed Tuesday, May 11, 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.

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