Oklahoma Administrative Code
Title 650 - Oklahoma Center for the Advancement of Science and Technology
Chapter 35 - SBIR Matching Funds Program
Section 650:35-1-6 - Program description
Universal Citation: OK Admin Code 650:35-1-6
Current through Vol. 41, No. 13, March 15, 2024
The OCAST SBIR Matching Funds Program will provide matching support which meets the highest current standards for state matching support to federal SBIR program grants, 74 O.S., Section 5060.19(D). The provision of matching funds from the State will:
(1) act as an incentive to firms to apply for a federal SBIR Phase II award, and
(2) assist qualifying firms to sustain their research and operations during the "funding gap" that occurs between the end of Phase I and the notification on Phase II.
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