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Find similar grantsGrant to Innovator Program (Louisiana) is sponsored by State of Louisiana. This state-level grant program in Louisiana is designed to support innovative medical technology, digital health, and diagnostic companies.
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Louisiana’s Extends Innovation Retention Grant Program Offering Financial Support for Qualified Small Businesses - LED | Louisiana Economic Development June 3, 2024 • News Release Louisiana’s Extends Innovation Retention Grant Program Offering Financial Support for Qualified Small Businesses BATON ROUGE, La.
– LED has received a second round of state funding for a program that encourages research-focused start-ups to keep their businesses rooted in Louisiana by making supplementary state funding available to recipients of federal Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) grants. The Louisiana Innovation Retention Grant (IRG) program offers awards of up to $100,000 for eligible businesses.
Applications will be accepted June 1 through June 30, 2024. “Economic development in Louisiana is as much about supporting existing businesses as it is about attracting new businesses here,” LED Secretary Susan B. Bourgeois said.
“The Innovation Retention Grant program helps to ensure that start-ups made in Louisiana, stay in Louisiana. ” Established by the Louisiana Legislature, the IRG program seeks to: Help Louisiana support and retain STEM start-up companies and their talented workers. Demonstrate the state’s support for business innovation by supplementing the federal research dollars received by Louisiana small businesses.
Increase the investment in research conducted during Phase I of the federal SBIR program, making Louisiana small businesses more competitive for Phase II funds. Encourage the establishment and growth of high-quality, locally owned and operated technology businesses throughout the state.
To be eligible, an applicant must be a for-profit, privately owned business based in Louisiana that received federal notice of a Phase I or Phase II SBIR/STTR award after June 15, 2022. Grants will be divided into two equal amounts disbursed over a two-year period. Access detailed program information, FAQs and a downloadable application on LED’s website, OpportunityLouisiana.
gov/incentive/louisiana-innovation-retention-program. Members of the news media can contact the LED Communications team for information and interview requests about LED projects and programs.
According to the current listing, eligibility includes: For-profit companies and non-profit organizations focused on medical technology innovation, headquartered in Louisiana or with a substantial operational presence in the state. Confirm the full requirements in the official notice before applying.
The current listing shows $500,000. Verify award ceilings, matching requirements, and allowable costs in the official notice.
Grant to Innovator Program (Louisiana) is funded by State of Louisiana. Verify program details on the funder's official page before applying.
This opportunity targets applicants in Louisiana. If your organization operates elsewhere, check the official notice for location requirements.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.