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Kentucky SBIR-STTR Matching Funds Program

Kentucky is a great place to launch and grow your high-tech business. If you have an innovative concept and need to advance it, translate it into a product or a technology for commercialization, and profit from it, we have solutions to help you succeed.

In partnership with the Kentucky Science and Technology Corporation, the Kentucky SBIR/STTR Resource Center offers to help Kentucky innovators, entrepreneurs and technology-oriented small businesses. We help prepare you and your Kentucky-based company* for success in the highly competitive Federal Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Grant Programs.

The Kentucky SBIR/STTR Resource Center offers assistance to qualified Kentucky* businesses as the companies walk through the SBIR/STTR process including: A one-on-one consultation, matching your idea for its best fit with federal agencies, available resources for businesses, training on proposal development, financial assistance for competitive proposal development, and providing post-award guidance.

Key Guidelines:

  • The Kentucky SBIR-STTR Matching Funds Program will accept applications for Round 25 between October 1, 2014 and October 31, 2014 at 4 p.m. Eastern time.
  • All new applicants must register and take the eligibility test to receive a username and password – available on the new application site: www.KYSBIRMatchFunds.com
  • Maximum match amounts:
    • Phase 1: up to 100% of the Federal SBIR-STTR Program, not to exceed $150,000
    • Phase 2: up to 100% of the Federal SBIR-STTR Program Phase 2 Award, not to exceed $500,000 per year for up to two years
  • Out-of-State companies are eligible, but the amount of Matching Funds Grant will be determined by the verified awarded amount of the unspent balance of the federal grant, on the date of the Matching Funds application.
  • Grant disbursements will be made on a reimbursable basis, payable when invoices and financial reports are submitted each quarter.

Next Steps:
Visit the Kentucky SBIR/STTR Resource Center
859-246-3252
kronald@kstc.com

Kentucky Cabinet for Economic Development   Old Capitol Annex  300 West Broadway   Frankfort, KY 40601
502-564-7140 (local)   800-626-2930 (toll free)