2017 Nebraska Revised Statutes
Chapter 81 - STATE ADMINISTRATIVE DEPARTMENTS
81-12,153 Terms, defined.
81-12,153. Terms, defined.
For purposes of the Business Innovation Act:
(1) Department means the Department of Economic Development;
(2) Federal grant program means the federal Small Business Administration's Small Business Innovation Research grant program or Small Business Technology Transfer grant program;
(3) Microenterprise means a for-profit business entity with not more than ten full-time equivalent employees;
(4) Prototype means an original model on which something is patterned by a resident of Nebraska or a company located in Nebraska; and
(5) Value-added agriculture means increasing the net worth of food or nonfood agricultural products by processing, alternative production and handling methods, collective marketing, or other innovative practices.
Source
- Laws 2011, LB387, § 2;
- Laws 2015, LB449, § 1;
- Laws 2017, LB217, § 34.
- Operative Date: August 24, 2017
- Termination Date: December 1, 2021
