State Matching Funds Program

State matching funds provide additional funding to help companies bring technologies to market and advance job creation and economic development in their state through Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) projects.

The state matching funds program information is compiled to assist potential small business applicants. Information is based on publicly available sources, which may change without notice and may not reflect the most current information available. NIDA does not endorse the outlined resources.


 

Alabama

OrganizationWebsiteDescription
Innovate Alabamainnovatealabama.org/programs/The Innovate Alabama Supplemental Grant Program awards funds to Alabama-based companies that have been granted Phase I or Phase II SBIR/STTR awards. Provides matching funds of 50% of Phase I SBIR/STTR grants up to $100,000 and 50% of Phase II SBIR/STTR grants up to $250,000.

Arkansas

OrganizationWebsiteDescription
Arkansas Economic Development Commissionwww.arkansasedc.com/science-technology/The Arkansas SBIR Matching Grant Program awards funds to companies that have been granted Phase I or Phase II SBIR awards. Provides matching funds of up to $50,000 for Phase I and up to $100,000 for Phase II.

Delaware

OrganizationWebsiteDescription
Delaware Technical Innovation Programbusiness.delaware.gov/incentives/The program offers transition grants for companies that have completed Phase I and applied for Phase II of the federal SBIR or STTR programs as they work to bring new products to market.
Delaware Division of Small Businessesbusiness.delaware.gov/edge/Delaware provides matching grants to young Delaware small businesses through on-going rounds of a competitive selection process. STEM-based companies can receive up to $100,000 for eligible expenses.

Florida

OrganizationWebsiteDescription
Florida High Tech Corridor Councilfloridahightech.comThe Corridor can provide up to $150,000 in matching funds for applied research projects between local industry partners and university researchers. Corridor funds will match the industry partner’s cash and in-kind investment in university research (program details vary at participating universities). This program can be a valuable supplement to Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) funded projects that involve university collaborators. Funding is provided directly to the university research team and is used to expand the project’s scope of work and allow our students to participate in cutting-edge, applied research. Get more detailed information on the research grants

Hawaii

OrganizationWebsiteDescription
Hawaii Technology Development Corporationhtdc.org/money/The Hawaii SBIR/STTR Matching Grant program offers Hawaii companies up to 50 percent of Phase I and up to $500,000 for Phase II SBIR/STTR awards.

Illinois

OrganizationWebsiteDescription
Illinois Department of Commerce and Economic Opportunitydceo.illinois.gov/Illinois provides up to $50,000 in state matching funds for Illinois-based recipients of federal SBIR/STTR Phase I awards.

Indiana

OrganizationWebsiteDescription
Elevate Ventures in partnership with Indiana Economic Development Corporatioelevateventures.com/programs/Provides up to $50K in Indiana match per Phase I federal award. Any given company, including subsidiaries, has a lifetime maximum of $150K in total Indiana match.

Iowa

OrganizationWebsiteDescription
Bioconnect Iowabioconnectiowa.org/sbir-sttr-outreach/Offers technical assistance to applicants throughout the SBIR/STTR application process and provides financial assistance up to $25,000 for successful Phase I awards with another award possible upon Phase II application.

Kentucky

OrganizationWebsiteDescription
Kentucky Cabinet for Economic Developmentced.ky.govThe Kentucky SBIR/STTR Matching Funds Program provides matching funds up to $150,000 for Phase I and up to $500,000 for Phase II SBIR/STTR awardees.
Kentucky Innovationkyinnovation.com/sbir/The Kentucky SBIR/STTR Matching Funds Program provides matching funds up to $100,000 for Phase I and up to $150,000 for Phase II SBIR/STTR awardees.

Maine

OrganizationWebsiteDescription
Maine Technology Institutemainetechnology.org/mti-funding/Maine provides a Technical Assistance Program to small business seeking SBIR/STTR funding, as well as Proposal Assistance Funding.

Michigan

OrganizationWebsiteDescription
Michigan Small Business Centermietf.orgThe Michigan ETF will match Phase I SBIR/STTR awards up to $25,000, and Phase II SBIR/STTR awards up to $125,000.

Minnesota

OrganizationWebsiteDescription
Launch MNmn.gov/launchmn/capital/launch-grants/These grants are for first time Phase I and Phase II awardees (up to $35,000 for Phase I awards and up to $50,000 for Phase II awards).

Montana

OrganizationWebsiteDescription
Montana Department of Commercebusiness.mt.gov/Business-Assistance/This program provides grants of up to $30,000 per phase and are available on a yearly basis.
Montana Office of Tourism and Business Developmentmarketmt.com/The Montana SBIR/STTR Matching Funds Program provides supplemental funding for SBIR/STTR awardees, up to $60,000 per application.

Nebraska

OrganizationWebsiteDescription
Nebraska Department of Economic Developmentopportunity.nebraska.gov/programs/Phase I and II grants will match federal SBIR/STTR awards up to $100,000, or 65% of the federal grant, whichever is less.

New Jersey

OrganizationWebsiteDescription
New Jersey Economic Development Authoritynjeda.com/csit/Provides a grant of $25,000 to New Jersey small businesses that receive a Phase I, Fast Track, or Direct to Phase II award/contract.

New Mexico

OrganizationWebsiteDescription
New Mexico Economic Development Departmentedd.newmexico.gov/business-development/Competitive grant process that awards up to $100,000 for businesses with an active SBIR/STTR Phase II grant and up to $25,000 for businesses with an active SBIR/STTR Phase I. 

North Carolina

OrganizationWebsiteDescription
North Carolina Department of Commercewww.commerce.nc.gov/Provides matching funds of 50% of the Federal SBIR/STTR Program award, not to exceed $75,000.

Oregon

OrganizationWebsiteDescription
Business Oregonoregon.gov/biz/programs/Matching grants awarded via a competitive process and are generally up to $100,000 for companies with a Phase II federal award or 50% of the federal award amount, whichever is less.

Rhode Island

OrganizationWebsiteDescription
Rhode Island Science and Technology Advisory Councilstac.ri.govThe Innovate Rhode Island Small Business Fund provides matching grants of up to $45,000 to Phase I SBIR/STTR awardees and up to $100,000 to Phase II SBIR/STTR awardees.

South Carolina

OrganizationWebsiteDescription
South Carolina Research Authorityscra.orgMatching Grants can match funds up to 50% of the Federal award, not to exceed $50,000.

South Dakota

OrganizationWebsiteDescription
South Dakota Governor’s Office of Economic Developmentsdgoed.com/Up to $25,000 may be requested by SBIR/STTR awardees to enhance their Phase II application, bridge work between Phase I and Phase II, and commercialize the results of the SBIR/STTR project.

Tennessee

OrganizationWebsiteDescription
Launch Tennesseelaunchtn.org/sbir-match/This program provides grants of up to $100,000 for Phase I awards. Phase II awards may be matched up to $300,000.

Virginia

OrganizationWebsiteDescription
Virginia Innovation Partnership Corporationvirginiaipc.org/ccfThe Commonwealth Commercialization Fund (CCF) provides matching grants of up to $75,000 to Phase I and Phase II SBIR/STTR awardees

West Virginia

OrganizationWebsiteDescription
West Virginia Small Business Development Centerwvsbdc.com/Entrepreneurship and Innovation Investment Fund Phase I match of SBIR/STTR awards up to $100,000 and Phase II match of SBIR/STTR awards up to $200,000.

Wisconsin

OrganizationWebsiteDescription
Wisconsin Economic Development Councilwedc.org/programs-and-resources/sbirsttr-matching-grant/The Wisconsin Economic Development Council offers matching grants for Phase I SBIR/STTR awardees up to $75,000 or 50 percent of Phase I SBIR/STTR awards. It also offers Phase II matching grants up to $75,000 per year for up to two years for Phase II SBIR/STTR awardees.
Wisconsin Center for Technology Commercializationwisconsinctc.org/Matches 50% or up to $75,000 of Phase I SBIR or STTR awards. For Phase II SBIR/STTR awards, matches up to $100,000 per year for up to 2 years.

Wyoming

OrganizationWebsiteDescription
Wyoming Business Councilwyomingbusiness.org/Matches up to $100,000 for first-time SBIR Phase 1 awardees and up to $70,000 for repeating SBIR Phase 1 awardees.