MT SBIR/STTR Matching Grant
MT Department of Commerce
About the Grant
The purpose of the Montana SBIR/STTR Matching Funds Program is to foster job creation and economic development in the state by providing matching grants to eligible businesses meeting the criteria set forth in these guidelines.
The Montana SBIR/STTR Matching Funds Program is designed to award grant funds to Montana companies that have been awarded a Small Business Innovation Research Program or Small Business Technology Transfer Program (Federal SBIR/STTR Program) Phase I award and that, if the opportunity to do so is available, intend to apply for a Federal SBIR/STTR Program Phase II award.
The State may provide up to $30,000 to businesses that have received a Phase 1 award, referred to as Stage 1 funds. Additionally, the business may be able to apply for an additional $30,000 towards the completion of Phase 2 project, referred to as Stage 2 funds. Businesses must have received a Stage 1 award in order to apply for a Stage 2 funds.
Notes
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