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Innovation Matching Grants (IMG) Program is sponsored by Empire State Development (NYSTAR). The Innovation Matching Grants (IMG) Program in New York aims to foster the growth of small businesses and the development of new technologies by providing matching funds for federal Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) grants.
The program also offers technical assistance resources for Phase II and Phase III awards. Funds can be used for expenses not typically covered by SBIR/STTR, such as business planning, commercialization, patents, and marketing.
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Search similar grants →Based on current listing details, eligibility includes: Eligible applicants must be small businesses as defined by New York State Economic Development Law Section 131 (resident in New York, independently owned and operated, not dominant in their field, and employing 100 or fewer persons). Applicants must be actively applying for a Phase I or Phase II SBIR/STTR award, or have received one within the last 12 months. Businesses must currently operate in New York and remain headquartered and operate or manufacture in New York State for at least two years following successful commercialization. Applicants should confirm final requirements in the official notice before submission.
Current published award information indicates $100,000 (Phase I) - $200,000 (Phase II) Always verify allowable costs, matching requirements, and funding caps directly in the sponsor documentation.
The current target date is rolling deadlines or periodic funding windows. Build your timeline backwards from this date to cover registrations, approvals, attachments, and final submission checks.
Federal grant success rates typically range from 10-30%, varying by agency and program. Build a strong proposal with clear objectives, measurable outcomes, and a well-justified budget to improve your chances.
Requirements vary by sponsor, but typically include a project narrative, budget justification, organizational capability statement, and key personnel CVs. Check the official notice for the complete list of required attachments.
Yes — AI tools like Granted can help research funders, draft proposal sections, and check compliance. However, always review and customize AI-generated content to reflect your organization's unique strengths and the specific requirements of the solicitation.
Review timelines vary by funder. Federal agencies typically take 3-6 months from submission to award notification. Foundation grants may be faster, often 1-3 months. Check the program's timeline in the official solicitation for specific dates.
Many federal programs offer multi-year funding or allow competitive renewals. Check the official solicitation for continuation and renewal policies. Non-competing continuation applications are common for multi-year awards.
Past winners and funding trends for this program