Establishes a Small Business Investment Grant Program within the One North Carolina Fund to support job creation and economic development.
The bill establishes a Small Business Investment Grant Program within the One North Carolina Fund to support job creation and economic development. It creates a Small Business Investment Grant Account to provide grants to eligible small businesses. The grants aim to offset costs associated with applying for federal Small Business Innovative Research (SBIR) grants or Small Business Technology Transfer Research (STTR) grants. The program also includes provisions for the North Carolina SBIR/STTR Incentive Program and the Small Business Research and Technology Account.
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- Core Provisions
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- Legal Framework
- Critical Issues
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