This grant program was created to leverage the federal SBIR program and stimulate innovation and growth among the state’s technology businesses resulting in the creation and retention of high-tech jobs. Applicants to this program must have been awarded a federal SBIR award to be eligible.
These discretionary grants may provide matching grants of up to fifty percent (50%) of the amount of federal Phase I and Phase II Small Business Innovation Research (SBIR) grants, not to exceed fifty thousand dollars ($50,000) for Phase I awards and $100,000 for Phase II awards.
The objectives of the SBIR Matching Grant Program are to:
For more information, contact Ross Herpin.