W. Va. Code § 5B-8-1

Current through 2024 First Special Session
Section 5B-8-1 - Definitions

When used in this article:

"Department" means the West Virginia Department of Economic Development.

"SBIR" means the Small Business Innovation Research Program enacted under the Small Business Innovation Development Act of 1982, Pub. L. 97-219, 15 U.S.C. § 638.

"STTR" means the Small Business Technology Transfer Program enacted under the Small Business Technology Transfer Act of 1992, Pub. L. 102-564, 15 U.S.C § 638.

"Small business" means a corporation, partnership, limited liability company, statutory or common law business trust, sole proprietorship, or individual, operating a business for profit, which qualifies as a small business and otherwise meets the requirements of the SBIR or STTR programs.

"West Virginia-based business" means a business that has its principal place of business in this state.

W. Va. Code § 5B-8-1

Amended by 2023 Acts, ch. 120 (SB 735), eff. 6/9/2023.
Amended by 2023 Acts, ch. 117 (SB 231), eff. 1/27/2023.
Added by 2019 Acts, ch. 88 (HB 2550), eff. 6/5/2019.