### Question
How is the "innovative technology" defined?


### Answer
The term **innovative technology** is defined in *15 U.S.C. § 3721* as follows -

> a technology that is significantly improved as compared to the technology in general use in the commercial marketplace in the United States at the time the loan guarantee is issued

#### Citation:
  - *15 U.S.C. § 3721*
  - Heading: **CHAPTER 63-TECHNOLOGY INNOVATION**

