Statutes > Arkansas Statutes > Title 15 - Natural Resources and Economic Development > Subtitle 1 - Development Of Economic And Natural Resources Generally > Chapter 3 - Science And Technology Authority > Subchapter 1 - Arkansas Science and Technology Authority > § 15-3-131 - Centers for applied technology -- Authority to designate.

§ 15-3-131 - Centers for applied technology -- Authority to designate.

15-3-131. Centers for applied technology -- Authority to designate.

In order to encourage greater collaboration between private enterprises and Arkansas colleges and universities in the development and application of new technologies, the Arkansas Science and Technology Authority is authorized to designate technological areas as having significant potential for economic growth in Arkansas or in which the application of new technologies could significantly enhance the productivity and stability of Arkansas enterprises.