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Find similar grantsSBIR/STTR Direct Financial Assistance Program is sponsored by New Jersey Economic Development Authority (NJEDA). Provides financial support to New Jersey small businesses participating in federal SBIR/STTR programs, aiming to enhance the state's innovative economy.
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SBIR/STTR Direct Financial Assistance Program - NJEDA SBIR/STTR Direct Financial Assistance Program The CSIT SBIR/STTR Direct Financial Assistance Program aims to enhance the innovative economy in NJ through financial support to NJ small businesses seeking to or participating in the federal SBIR/STTR program.
The program has three objectives, which are geared towards accelerating the growth of the innovation economy in the State: Increase the success rate of NJ grant applications seeking federal funding for SBIR/STTR programs Reduce the financial burden for small NJ companies that have won Phase I, Fast Track, or Direct to Phase II Awards/Contracts through the federal SBIR/STTR Program.
Increase success and maximize growth of small NJ companies in moving from Phase I to Phase II of the SBIR/STTR Federal program The CSIT board has approved $1,000,000 for the SBIR/STTR Direct Financial Assistance Program.
The Direct Financial Assistance Grant for Businesses Engaged in the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Federal Programs has a total budget of $1,000,000 and will offer two grant components: $25,000 Direct Funding for 20 SBIR/STTR Phase I, Fast Track or Direct to Phase II award/contract winners (“Direct Funding”).
$50,000 Bridge Funding for 10 SBIR/STTR Phase II applicants (“Bridge Funding”). Applicants to the Round 4, CSIT Direct Financial Assistance SBIR/STTR Program may only apply for one component (either a Direct Funding or Bridge Funding). CSIT reserves the right to reallocate funds between the two components of the Direct Financial Assistance programs.
Direct Funding for SBIR/STTR Phase I, Fast Track or Direct to Phase II Federal Applicants: Phase I of the Federal SBIR/STTR program is intended to establish technical merit, feasibility, and commercial potential of the proposed research and development efforts. Federal Phase I awards normally do not exceed $150,000 in total costs for six months.
To help New Jersey Phase I, Fast Track or Direct to Phase II award/contract winners increase intensity of research, strengthen commercialization plans, cover operational expenses, and become more competitive for Phase II funding, CSIT will provide a grant of $25,000 to New Jersey small businesses that receive a Phase I, Fast Track or Direct to Phase II award/contract.
The grant funding is intended to reduce the financial burden on these growing small businesses and improve their chances of applying and winning Phase II awards. The grant will be flexible to help cover general operational expenses.
Bridge Funding for Phase II Federal Applicants: The gap between application and award notice for Phase II of the Federal SBIR/STTR program can be up to six months and it is during this period that small businesses often struggle to secure funding and maintain operations.
CSIT will offer funding of $50,000 to New Jersey small businesses that have successfully completed Phase I of Federal SBIR/STTR program and have applied for Phase II funding. The funding is intended to enable these businesses to maintain operations while waiting on Phase II awards. Grants will be awarded on a competitive basis, with awards going to the highest scoring applicants.
All materials must be submitted after October 3, 2022 at 9 am and before the grant application deadline on November 14, 2022 at 5:00pm. Each approved grant will be valid for a period of 12 months starting from date of the execution of the grant agreement.
Click here to view a recording of the Informational Webinar All applicants must meet eligibility criteria at time of application and must maintain eligibility during the period of application review in order to be considered for an award. Eligibility requirements must also be maintained during the grant term for awarded applicants and will be specified in the grant agreement.
Provide a current New Jersey Tax Clearance Certificate listing New Jersey Commission on Science, Innovation and Technology. All certificates listing another state agency will be rejected. Have a minimum of one full-time employee (working a minimum of 35-hours per week).
A founder can be counted as an employee; an employee may be paid or unpaid. Fifty percent or more of the cumulative hours worked by all employees, founders, and contractors must be conducted in New Jersey (as calculated on an full-time employee basis of 35 hours per week). The primary place of performance on the Federal SBIR/STTR grant or contract award is a New Jersey address.
Be a recipient of a Federal SBIR/STTR Phase I, Fast Track or Direct to Phase II grant or contract award within the last two years prior to the issuance of this Notice of Funding Availability. The applicant cannot have been awarded more than five Federal SBIR/STTR grants or contracts (Phase I, Fast-track, Direct to Phase II combined) throughout the lifetime of the company.
Certify compliance with the New Jersey Conflicts of Interest Law, N. J. S.
A. 52:13D-12, et. seq.
Applicants must be in good standing with both DOL and DEP. As part of the review process, CSIT conducts sister agency checks with the New Jersey Department of Labor (DOL) and Department of Environmental Protection (DEP) on all completed applications. Provide a current New Jersey Tax Clearance Certificate listing New Jersey Commission on Science, Innovation and Technology.
All certificates listing another state agency will be rejected. Have a minimum of one full-time employee (working a minimum of 35-hours per week). A founder can be counted as an employee; an employee may be paid or unpaid.
Fifty percent or more of the cumulative hours worked by all employees, founders, and contractors must be conducted in New Jersey (as calculated on a full-time employee basis of 35 hours per week). The primary place of performance on the Federal Phase II SBIR/STTR project submission is a New Jersey address.
Be a previous Federal SBIR/STTR Phase I grant or contract award recipient within the last two years prior to the issuance of this Notice of Funding Availability that has successfully completed a Phase I Federal SBIR/STTR program, submitted a Phase II SBIR/STTR application, and not yet received a Federal response on their Phase II application.
The applicant cannot have been awarded more than five Federal SBIR/STTR grants or contracts (Phase I, Fast-track or Direct to Phase II combined) and four Federal Phase II SBIR/STTR grants or contracts throughout the lifetime of the company. Certify compliance with the New Jersey Conflicts of Interest Law, N. J.
S. A. 52:13D-12, et.
seq. Applicants must be in good standing with both DOL and DEP. As part of the review process, CSIT conducts sister agency checks with the New Jersey Department of Labor (DOL) and Department of Environmental Protection (DEP) on all completed applications.
Applicants should send a notification to csitsbir@njeda. com if there are any changes to their eligibility status after submission of an application and prior to any award notification. Online Application Notice of Funding Availability Sample Application Frequently Asked Questions About Federal SBIR/STTR Programs
Based on current listing details, eligibility includes: Small businesses in New Jersey engaged in federal SBIR/STTR programs. Applicants should confirm final requirements in the official notice before submission.
Current published award information indicates Up to $200,000 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.
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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.
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Past winners and funding trends for this program
The Main Street Acquisition Support Grant is a grant from the New Jersey Economic Development Authority (NJEDA) that funds reimbursement of closing costs for New Jersey small businesses that have recently purchased commercial property. The program reimburses eligible closing costs up to $50,000 per business for a single location, with a limit of one grant per EIN. Applicants must have closed on a New Jersey commercial property after October 1, 2024, operate from at least 1,000 square feet of the building, meet SBA small business size standards, and be in compliance with New Jersey tax requirements. Applications are accepted on a rolling basis through October 1, 2027.
The New Jersey Manufacturing Voucher Program Phase III is a grant from the New Jersey Economic Development Authority (NJEDA) that funds equipment purchases for New Jersey manufacturers seeking to improve efficiency, productivity, and profitability. This $10,000,000 program provides grants covering a portion of eligible equipment costs, ranging from $7,500 to $250,000 per manufacturer. Priority is given to companies integrating advanced or innovative technologies, processes, and materials. Bonuses are available for certified women-owned, minority-owned, and veteran-owned businesses, firms in opportunity zones, and companies with 50 or fewer full-time employees. Applicants must be for-profit manufacturers in New Jersey with 100 or fewer full-time employees.
Small Business Improvement Grant is sponsored by New Jersey Economic Development Authority (NJEDA). This grant provides reimbursement for costs associated with making building improvements or purchasing new furniture, fixtures, and equipment. Businesses and nonprofits may be reimbursed for capital improvements, or purchase and/or installation of new furniture, fixtures, and equipment.
The purpose of this FOA is to provide funding for up to four (4) Tribal Colleges and Universities (TCUs) that will provide entrepreneurial development services to Native American communities, focusing on supplying services to socially and economically disadvantaged entrepreneurs in locations that are outside of the geographical areas of existing SBA resources. Eligible applicants must be Tribal Colleges and Universities as defined in the Higher Education Act HEA 316 (U.S.C. 1059c). Funding Opportunity Number: SB-GC7J-23-002. Assistance Listing: 59.007. Funding Instrument: G. Category: BC,ED. Award Amount: Up to $250K per award.
The purpose of this FOA is to provide funding for up to two (2) private, non-profit organizations that will provide entrepreneurial development services to women, with an emphasis on socially and economically disadvantaged entrepreneurs in locations that are outside of the geographical areas of existing WBCs for the District of Columbia (DC) and the State of Oregon. There will be one award for each location. Eligible applicants must be private, non-profit organizations with 501(c) tax exempt status from the U.S. Treasury’s Internal Revenue Service and must provide services to the District of Columbia (DC) and State of Oregon. Funding Opportunity Number: SB-OEDWB-23-002. Assistance Listing: 59.043. Funding Instrument: G. Category: BC,CD,RD. Award Amount: $75K – $150K per award.
Small Business Innovation Research and Small Business Technology Transfer Programs Phase I is sponsored by U.S. Department of Agriculture (USDA) National Institute of Food and Agriculture (NIFA). The USDA SBIR/STTR programs support small businesses in creating innovative, disruptive technologies with commercial potential or societal benefit, including projects dealing with agriculturally-related manufacturing and alternative and renewable energy technologies. Specialty tubing could be relevant for agricultural equipment or renewable energy systems.