Alaska SBIR/STTR Grant Program

* The Alaska SBIR/STTR Grant Program provides state grant funding to Alaska-based businesses with an active federal SBIR/STTR award or seeking bridge funding. * The program aims to encourage the growth of high-quality advanced technology companies in Alaska, strengthen federal Phase I project research and commercialization plans, and provide bridge funding for federal Phase II applicants. * Eligible applicants must have an active SBIR/STTR Phase I or Phase II award, be based in Alaska, and certify that at least 51% of the activities will be performed in Alaska. * The total amount of funding available is $125,000, with awards ranging from $25,000 to $100,000. * Allowable costs include market research, product testing, intellectual property assessment, business development activities, and other costs directly related to achieving the SBIR/STTR proposal objectives. * Applications will be evaluated on a first-come, first-served basis, based on eligibility requirements, federal funding leveraged, and project alignment with Alaska's economic development priorities. * Funding will be distributed through a reimbursable grant agreement, and grantees will be required to provide regular financial and progress reports.