State Matching Funds Program

Innovate Alabama

innovatealabama.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 Economic Development Commission

www.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 Technical Innovation Program

business.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 Businesses

business.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 High Tech Corridor Council

floridahightech.com

The 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 Technology Development Corporation

htdc.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 Department of Commerce and Economic Opportunity

dceo.illinois.gov/

Illinois provides up to $50,000 in state matching funds for Illinois-based recipients of federal SBIR/STTR Phase I awards.

Elevate Ventures in partnership with Indiana Economic Development Corporatio

elevateventures.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.

Bioconnect Iowa

bioconnectiowa.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 Cabinet for Economic Development

ced.ky.gov

The 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 Innovation

kyinnovation.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 Technology Institute

mainetechnology.org/mti-funding/

Maine provides a Technical Assistance Program to small business seeking SBIR/STTR funding, as well as Proposal Assistance Funding.

Michigan Small Business Center

mietf.org

The Michigan ETF will match Phase I SBIR/STTR awards up to $25,000, and Phase II SBIR/STTR awards up to $125,000.

Launch MN

mn.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 Department of Commerce

business.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 Development

marketmt.com/

The Montana SBIR/STTR Matching Funds Program provides supplemental funding for SBIR/STTR awardees, up to $60,000 per application.

Nebraska Department of Economic Development

opportunity.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 Economic Development Authority

njeda.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 Economic Development Department

edd.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 Department of Commerce

www.commerce.nc.gov/

Provides matching funds of 50% of the Federal SBIR/STTR Program award, not to exceed $75,000.

Business Oregon

oregon.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 Science and Technology Advisory Council

stac.ri.gov

The 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 Research Authority

scra.org

Matching Grants can match funds up to 50% of the Federal award, not to exceed $50,000.

South Dakota Governor’s Office of Economic Development

sdgoed.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.

Launch Tennessee

launchtn.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.

West Virginia Small Business Development Center

wvsbdc.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 Economic Development Council

wedc.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 Commercialization

wisconsinctc.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 Business Council

wyomingbusiness.org/

Matches up to $100,000 for first-time SBIR Phase 1 awardees and up to $70,000 for repeating SBIR Phase 1 awardees.