SD Proof of Concept Program
SD Office of Economic Development
About the Grant
The Proof of Concept program provides up to $25,000 to conduct research that demonstrates the technical and economic feasibility of an innovation before it is commercialized. The program is open to those committed to commercializing an innovation in South Dakota, such as entrepreneurs, universities, existing South Dakota companies and other entities. Investment proceeds may be used to pay consultant contracts, material and supplies, salaries for employees in South Dakota, and necessary services for technical feasibility or marketing studies.
Notes
Related Grants
SC Federal Matching Grant (formerly SBIR/STTR Phase I)
South Carolina Research Authority
Managed by the Academic Innovations Team, the objective of the Federal Matching Grant is further federal funds received by small businesses in South Carolina to advance translational research in support of one or more critical milestones towards commercialization. Preference given to SBIR/STTR awardees with initial datasets who identify gaps in commercialization activities that would help develop a compelling proposal for follow on funding. Other Federal matches will be considered on a case-by-case basis. Key milestones include developing the technology past the minimum viable product (MVP) and demonstrating product-market fit, in the DEVELOP stage of startup development. In the ACCELERATE stage of startup development, key milestones include enabling product execution through testing and demonstrations. Federal Matching Grants can match funds up to 50% of a qualifying federal award, not to exceed $50,000.
DE Modernization Investment Support Initiative Program
Delaware Division of Small Business
The Modernization Investment Support Initiative (MISI) Program gives grants to eligible Delaware businesses that need help modernizing their operations to remain competitive. Eligible businesses can get up to 20% of approved modernization expenses reimbursed, up to $1 million per project. Businesses can use the funds toward equipment and machinery purchases, construction, and engineering services. In order to qualify, businesses need to have an operating history of at least ten years, have a proposed modernization budget of at least $1 million, and demonstrate a need for updates to remain competitive.
Westminster Bsuiness Grants
City of Westminster
The city of Westminster, CO has multiple grant programs available for small businesses. These include training grants of $500-$5,000 for both employees and entrepreneurs for classrom and on-the-job training. They also have multiple improvement grants which reimburse business expenses spent on sustainability and facade upgrades. These programs are updated regularly so follow our link to the grant page for details on the current offerings.
The Halstead Grant
Halstead
The Halstead Grant is an annual award for emerging silver jewelry artists. Applicants submit answers to 15 business questions in addition to their design portfolios. The experience is designed to help jewelry entrepreneurs create a strategy to kick-start their careers. The grand prize is a $7,500 cash grant plus other benefits.
Silverthorne Business Grants
Town of Silverthorne
The Business Grant Program provides site enhancement grants and economic development grants to businesses via a competitive application review process. -Business grant applications open annually in January for a six week application window -Grants are awarded in amounts up to $10,000 -Applications in excess of $10,000 may be considered for projects that provide exceptional benefit