Technology Grants for Small Business
Stony Brook University’s Small Business Development Center (SBDC) is administering a program to provide matching funds for laboratory equipment to successful Small Business Innovation Research (SBIR) grant recipients throughout Nassau and Suffolk Counties. The Program is funded by an incentive package offered by New York State’s Empire State Development Agency to the Stony Brook University Research Foundation and agreed upon in a contract signed May 2, 2014. These matching grants will reimburse up to 20% of the cost for eligible laboratory equipment purchased by SBIR winning companies up to a maximum of $50,000.
If your Long Island-based company has been awarded a SBIR and/or STTR award after May 2, 2014, which identifies your company as active in the federal grant arena, your company may be eligible for this matching grant. The current time limit of opportunity to apply to the Stony Brook SBDC is April 30, 2020. If all the funds are not expended by that time, the April 2020 date may be extended. Therefore, future SBIR awards, including those currently applied for, may also be eligible for the matching funds.
Although the application process is relatively simple, the rules and procedures to qualify are somewhat complex and will require that you, or a representative of your company, become an SBDC client and meet with one of our SBDC business counselors to discuss the application process. There is no cost for being an SBDC client nor is there any cost associated with applying for the SBIR Matching Grant.
If you are interested in this opportunity, please contact us at 631-632-9084 for an appointment. If you have questions about the matching grant prior to making an appointment, please email us at firstname.lastname@example.org.