Kentucky (or relocating) for-profit companies holding a federal SBIR/STTR Phase I or II award can get a reimbursable state match of up to $100,000 (Phase I) or $150,000 (Phase II). Fall 2026 window open through October 26, 2026.
A non-dilutive, reimbursable grant, awarded competitively, that matches federal SBIR or STTR awards won by Kentucky companies (or companies willing to relocate to Kentucky). It matches up to $100,000 for a Phase I project and up to $150,000 for a Phase II project. The fall 2026 application window is open August 31 through October 26, 2026 at 11:59 PM; Kentucky offers two windows a year (spring and fall).
Applicants must be recipients of a SBIR/STTR award, a for-profit company, and based in, or willing to re-locate to, Kentucky
Must be a Phase I, Phase II (year one or year two) or FastTrack federal SBIR/STTR award winner from a participating federal agency
Phase I: the federal award date should be no more than one year before the application date, and the company must not have been notified of a follow-on Phase II award; Phase II: the federal Phase II grant must be active when applying
Research and technology development must fit one or more focus areas: Bioscience; Environmental and Energy Technology; Health and Human Development; Information Technology and Communications; Materials Science and Advanced Manufacturing
No more than one Matching Funds Award per year per project, and only one per solicitation; companies that already received four Kentucky Matching Funds Awards are not eligible
Out-of-state companies must relocate to Kentucky within 90 days of the grant agreement's commencement date and transfer the federal award to Kentucky
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