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Code · Delaware · Title 29 — State Government · Subchapter III. Delaware Technical Innovation Program

§ 8737A. Matching funds for federal Small Business Innovation Research Program.

94 words·~1 min read·/de/title-29/subchapter-iii-delaware-technical-innovation-program/8737a

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(a)The State may provide matching funds up to a maximum of the federal grant for Phase I if:
(1)A small business has won a Phase I award in the federal SBIR or STTR Programs;
(2)Such small business has submitted a proposal for a Phase II award;
(3)Such small business’ principal place of business is located in this State; and
(4)Such small business certifies that the research to be conducted will benefit the Delaware economy.
(b)The Council shall establish criteria and the Division shall administer the state matching funds.
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