About
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.
How to Apply
TEDCO will accept applications on each Application Cycle Open date specified below and stop accepting applications on the corresponding Application Cycle Deadline specified below for each cycle of its review process:
If the Application Cycle Open date or Application Cycle Deadline date occurs on a weekend or Maryland State holiday, the effective Cycle Open or Cycle Deadline date will be the first non-holiday weekday following the specified date.
To ensure fairness, all Program applications must be received online through the application portal on TEDCO’s website. Once an application is submitted, applicants will receive a confirmation email that the application has been received by TEDCO; if further confirmation is needed, please email sbir-ta@tedcomd.com to ensure the application has been received.
Please note: Applications that are received through other means, such as email or mail, or after the application deadline will not be considered for funding.
For complete information on the SBIR/STTR Matching Program, please refer to the following Request for Applications (RFA) document:
Please contact sbir-ta@tedcomd.com for additional questions.