Innovation Matching Grants Program 

Empire State Development’s Division of Science, Technology, and Innovation (“NYSTAR”), Innovation Matching Grants Program (the “IMG Program”) aims to grow small businesses and support the development of new technologies in New York State by providing matching funds for federal Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) grants.
 

The New York State Innovation Matching Grants Program will match: 

The award for Phase I applicants, not to exceed $100,000. 

The award for Phase II applicants, not to exceed $200,000. 

and provide technical assistance resources for Phase II and Phase III awards. 

In no event, shall the funding provided from the IMG Program exceed 50% of the federal award. A funding commitment made through the IMG Program demonstrates New York State support to strengthen certain proposals, increase the likelihood that New York State businesses will be awarded competitive federal SBIR/STTR funding, and supports the growth of promising small businesses in New York.