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.
Ark. Code § 15-3-130