The program has expanded! Now, the program is providing incentive of up to 75% of costs to write a proposal, up to $12,000, subject to conditions below. As well, the previous matching funds is re-authorized for up to $100k for a Phase I grant, payable 75% at start and 25% at submission of Phase II.
For the incentive, eligible applicants must have received official notification of submission of their Phase I Proposal by a Federal SBIR/STTR-awarding agency during the Incentive Solicitation Period (July 1, 2022-June 30, 2023) to be eligible. Qualified applicants will be reimbursed for a portion of the costs incurred in preparing a Federal SBIR/STTR Program Phase I proposal, up to a maximum of $12,000. The maximum percentage for reimbursement is:
- 75% for an eligible business located in a Development Tier 1 or 2 county
- 50% for any other eligible business,
Applications are available until June 30, 2023, or until funds have been exhausted for the program’s funding cycle.
Please reach out to Grant Engine for a free consultation via (650) 937-9164, or contact us here.