§ 19-5-1208 - Arkansas Research Matching Fund. - Arkansas Statutes

19-5-1208. Arkansas Research Matching Fund.

(a) There is created the Arkansas Research Matching Fund.

(b) The Arkansas Research Matching Fund shall be administered by the Arkansas Science and Technology Authority and shall be for the benefit of colleges and universities located within the State of Arkansas.

(c) (1) In order to qualify for the research moneys to be made available through the Arkansas Research Matching Fund, a school must be a two-year or four-year accredited institution of post-secondary education.

(2) Consortiums of eligible institutions are eligible and encouraged to apply for these funds.

(d) The Arkansas Research Matching Fund shall be focused on basic and strategic research.

(e) The Arkansas Research Matching Fund shall consist of those moneys transferred from the General Improvement Fund and any other funds made available by the General Assembly.