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NC H569
Bill
Status
4/3/2019
Primary Sponsor
Kyle Hall
Click for details
AI Summary
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Appropriates $5,000,000 in recurring funds from the General Fund to the One North Carolina Small Business Account for the 2019-2020 fiscal year to support the SBIR/STTR Incentive Program and SBIR/STTR Matching Funds Program.
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Creates the Community Innovation Fund as a special reserve fund within the Department of Commerce to award competitive grants to rural, small-, and medium-sized communities for transitioning to knowledge- and innovation-based economies.
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Appropriates $5,000,000 in nonrecurring funds from the General Fund to the Community Innovation Fund for the 2019-2020 fiscal year.
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Becomes effective July 1, 2019.
Legislative Description
One NC Funding for Small Businesses
Last Action
Ref to the Com on Commerce, if favorable, Appropriations, Agriculture and Natural and Economic Resources, if favorable, Rules, Calendar, and Operations of the House
4/4/2019