Vermont-based for-profit businesses with a federal SBIR/STTR Phase I or II award can get a non-competitive matching grant of up to $50,000; first-come, first-served.
Non-competitive matching grants of up to $50,000 for Vermont-based for-profit businesses that have already received a federal SBIR or STTR Phase I or Phase II award. Each federal award supports one matching grant, and businesses may receive up to five over their lifetime; companies with more than three prior Phase II awards are ineligible. Applications are reviewed on a first-come, first-served basis with no stated deadline.
For-profit business based in Vermont, with its principal place of business located in the state
Received a federal SBIR/STTR Phase I or Phase II award from a participating federal agency
The federal award must be granted prior to submission of the matching grant application
Companies with more than three prior Phase II awards are ineligible
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Money can be used for
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