Description
The Massachusetts Technology Collaborative (MassTech) is offering a rolling, competitive matching‑grant program to fund capital‑intensive collaborative research projects that advance high‑priority technology sectors in the Commonwealth. Eligible lead applicants are Massachusetts‑based research universities or non‑profit research institutions that partner with at least one other research entity and secure a 1:1 (preferred 3:1) match from non‑state sources. Grants range from up to $1 million for standard projects to $3‑5 million for large, high‑impact initiatives, with a focus on equipment, facilities, and other GAAP‑capitalizable expenditures. Awardees must submit a concept paper, a full application (if invited), detailed budgets, and quarterly invoices, and comply with semi‑annual progress reporting and annual impact reporting. The program emphasizes near‑term economic recovery, job creation, cluster development, and equity outcomes.
• Funding is limited to capital expenditures (equipment, facilities, capital‑izable labor) – operating costs are only permitted as a small companion portion.
• Minimum 1:1 matching contribution required; matching funds may be cash or in‑kind but cannot originate from a Massachusetts state agency.
• Open‑ended, rolling submission with no fixed deadline; applications remain valid for 60 days after receipt.
• Grants are reimbursed on a cost‑reimbursement basis; recipients must maintain GAAP accounting and submit audited records.
• Project duration typically spans multiple fiscal years (often 3‑5 years) and includes mandatory semi‑annual and annual reporting.