Ark. Code Ann. § 15-3-124

For the purposes of this section and §§ 15-3-131 — 15-3-134, “center for applied technology” or “center” means a college or university or university-affiliated unit, or a consortium of such units, which conducts a continuing program of basic research and applied research, development, and technology transfer in one (1) or more technological areas in collaboration with and through the support of private enterprises.