Louisiana Revised Statutes 51:2321 – Louisiana Small Business Incubator Program; creation; purpose
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Terms Used In Louisiana Revised Statutes 51:2321
- Program: means the Louisiana Small Business Incubator Program. See Louisiana Revised Statutes 51:2322
- Small business incubator: means a multi-tenanted facility which is characterized by shared business services, equipment, space, and access to on-premises business consultants for tenants and which is operated by a private nonprofit or public entity. See Louisiana Revised Statutes 51:2322
A. The Louisiana Small Business Incubator Program is hereby established in and shall be administered by the Louisiana Economic Development Corporation.
B. The program shall have the express purpose of providing financial resources for qualified local entities, both private nonprofit and public, to establish, operate, or expand a small business incubator.
Acts 1995, No. 180, §1; Acts 1995, No. 276, §1, eff. July 1, 1995.