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The Montana SBIR/STTR Matching Funds Program aims to promote job creation and economic growth by providing matching grants to eligible Montana businesses that have received Phase I awards from the
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How to fill out Montana SBIR/STTR Matching Funds Program Guidelines

01
Gather all necessary documentation including your business plan, project proposal, and financial statements.
02
Review the Montana SBIR/STTR Matching Funds Program guidelines thoroughly for eligibility and specific requirements.
03
Complete the application form provided by the program, ensuring all sections are filled out accurately.
04
Prepare a detailed budget that outlines how you plan to use the matching funds.
05
Compile any additional supporting materials required, such as letters of support or partnership agreements.
06
Submit the completed application by the designated deadline via the specified submission method (email, online portal, etc.).
07
Follow up with the program office to confirm receipt of your application and to address any questions or additional requirements.

Who needs Montana SBIR/STTR Matching Funds Program Guidelines?

01
Startups and small businesses in Montana that have received SBIR or STTR funding.
02
Businesses looking to enhance their research and development projects.
03
Companies aiming to commercialize innovative technologies in alignment with federal funding.
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People Also Ask about

The federal SBIR and STTR programs are highly competitive programs that encourage domestic small businesses to engage in federal research and development (R&D) with the potential for commercialization. The STTR program also requires small businesses to formally collaborate with a research institution.
Small Businesses. Our mission is to foster a culture of innovation in the United States by providing technology-focused entrepreneurs, startups, and small businesses with funding to develop their ideas and a pathway to commercialization.
Each participating federal agency administers its own SBIR/STTR program within guidelines established by Congress. As of October 2024, agencies may issue a Phase I award (including modifications) up to $314,363 and a Phase II award (including modifications) up to $2,095,748 without seeking SBA approval.
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.

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The Montana SBIR/STTR Matching Funds Program Guidelines provide a framework for startups to access state financial resources that match federal Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) grants.
Eligible small businesses that have received an SBIR or STTR award and are seeking matching funds from the state of Montana must file the guidelines.
To fill out the guidelines, applicants must provide detailed information about their business, the specific SBIR or STTR grant received, and how the matching funds will be utilized for business growth.
The purpose of the guidelines is to support innovative small businesses in Montana by providing matching funds to enhance their ability to commercialize research and technology developed through federal grants.
Applicants must report information including the amount of the federal grant, the intended use of matching funds, business performance metrics, and compliance with state funding regulations.
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Montana SBIR matching funds economic development Phase I award Phase II application Small Business Innovation Research Small Business Technology Transfer Montana Department of Commerce grant application business funding

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