Please answer this short Eligibility Test to make sure you are qualified to submit your Grant Application for the Kentucky SBIR-STTR Matching Funds Program. After review of your answers and any clarifications, and within 3-4 days, you will be sent a username and password for logging on to the application section. During this 3-4 day period it is strongly recommended that you download, read, and fully understand the guidelines before applying.
The Matching Funds Program provides Matching Funding up to $100,000 for Phase I and up to $500,000 per year for Phase II. These Matching Funds are to be used for new and additional work tasks that are complementary to your existing Federal SBIR-STTR Award. Companies from outside of Kentucky can apply and receive conditional pre-approval for a Matching Funds Award. The distribution of any funds; however, will be contingent upon meeting all the requirements within the guidelines, including relocating your business to the state of Kentucky within 60 days of the date on the Kentucky SBIR-STTR Matching Funds Grant Agreement. This 60 day deadline is absolute and if not met will result in the funds being awarded to the next applicant.
Another stipulation found in the guidelines is that a recipient of the Kentucky Matching Funds Award is required to maintain their Kentucky based status for 5 years after receipt of the final disbursement of funds.