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Find similar grantsSMART Act Research Grants is sponsored by Mississippi Institutions of Higher Learning (IHL). Funds research projects at Mississippi universities to help prove marketable business concepts, including medical and biomedical innovations.
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SMART Business Act Application myState | Calendars | Contact A-Z Index | Directories | Maps | News Strengthening Mississippi Academic Research Through Business Act The Strengthening Mississippi Academic Research Through Business Act (SMART Business Act), as established by Mississippi law, is intended to meet the following goals: stimulate private investment in research and development through partnerships with Mississippi public universities; increase the competitiveness of Mississippi companies; and improve the economy of the State of Mississippi.
Approved Applicants incurring qualified research costs subject to a new research agreement approved under this act are eligible for a rebate equal to twenty-five percent (25%) of the investor’s qualified research costs, not to exceed $1,000,000. The total funding support from the State of Mississippi is $5,000,000 per fiscal year.
Priority consideration will be given to new applications in the areas of Healthcare, Energy and Advanced Manufacturing. Any natural person, partnership, limited liability company, association, corporation, business trust or other business entity not formed for the specific purpose of acquiring the rebate offered, and which is subject to Mississippi income or franchise tax is eligible to apply.
Important Note: Research agreements entered into with a Mississippi Public University that began prior to application and approval for the SMART Business Act are not eligible for the rebate. Only new research agreements submitted as a part of the SMART Business Act application packet will be considered eligible. Additional enrollment periods to be announced at a later date.
Please check back for updates. Frequently Asked Questions Mississippi Institutions of Higher Learning Technical problems, contact the Service Desk . _gaq.
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Based on current listing details, eligibility includes: Faculty and researchers at Mississippi's public universities and the University of Mississippi Medical Center. Applicants should confirm final requirements in the official notice before submission.
Current published award information indicates $25,000 - $75,000 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.
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.