Small Business Innovation and Diversification Program Frequently Asked Questions

The objective of this program is to support Connecticut's innovative manufacturing base. Matching grant awards are designed to facilitate and/or accelerate the development, sales and manufacturing of novel, diverse products and services, leading to job creation. Winning companies will provide a dollar-for-dollar match, up to a maximum of $25,000. Awards will be available until June 2011 or until the $250,000 total funding is allocated, whichever occurs first.

This program is administered by the Connecticut Small Business Innovation Research Office at Connecticut Innovations. For more information, contact: Deb Santy or Merrie London or visit: www.CTSBIR.com

Q. Can I use investor funds, bank funds, for the match?
A. The match should come from company revenues. Revenues need to be generated prior to receiving the award.

Q. Does the proposal need to be attached to the application?
A. Please submit all documents together for a one-time submission.

Q. How should I set up the proposal?
A. We recommend that you set up the proposal to follow the guideline outline headers. In this way you are certain to have responded to all critical areas/questions.

Q. Can I put the money towards expenses already incurred?
A. No.

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