SBIR/STTR Matching Funds

The TEDCO Small Business Innovation Research and Small Business Technology Transfer (SBIR/STTR) Matching Funds Program is a competitive program established to further strengthen the power of SBIR/STTR awards while also fostering job creation and economic development in Maryland by promoting the commercialization of research conducted by small businesses, facilitating technology transfer from universities and federal labs to small businesses, and encouraging small businesses, including economically disadvantaged small businesses, to apply for SBIR/STTR funding programs.

Eligibility

Companies that received an SBIR or STTR award within six (6) months of the application cycle should review the Request for Application (RFA) for a complete list of eligibility requirements.

Funding

Subject to the availability of funds, TEDCO can grant awards to selected applicants as follows:

• For Phase I SBIR/STTR awards, TEDCO can grant the company an additional award under the SBIR/STTR Matching Funds Program in an amount equal to the lesser of 25% of the Phase I award or $25,000.
• For Phase II SBIR/STTR awards, TEDCO can grant that company an award under the SBIR/STTR Matching Funds Program in an amount equal to the lesser of 25% of the Phase II SBIR/STTR award or $75,000.

TEDCO plans to issue awards on a quarterly basis.

Please contact sbir-ta@tedcomd.com for additional questions.