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SBIR/STTR Matching Fund

LaunchTN’s SBIR/STTR Matching Fund program is a strategic initiative designed to support Tennessee small businesses and startups in accelerating their research and technology development efforts by providing matching funds to companies that have received an SBIR/STTR award from one of the participating federal agencies.

To date, the SBIR/STTR Matching Fund has supported more than 160 federal SBIR/STTR awards, contributing $695 million in total economic impact.

Our program aims to help increase the competitiveness of Tennessee-based companies in leveraging and accessing the SBIR/STTR programs, which provides more than $4 billion in annual non-dilutive funding from federal agencies to support early-stage R&D efforts.

We understand that research and development can be a lengthy and expensive process, which is why the SBIR/STTR Matching Fund program provides Tennessee founders the funding and support they need to develop their innovative technologies and accelerate their development to market.

To be eligible for our program, companies must meet the following guidelines:

  • Be headquartered in Tennessee
  • Have received an SBIR/STTR or other competitive commercialization award from a federal agency between July 1, 2022 and June 30, 2023
  • Has a plan for commercializing the technology or product
  • Agree to participate in LaunchTN’s entrepreneur programming and events
How can I apply to the SBIR/STTR Matching Fund Program?

The FY24 SBIR/STTR Matching Fund is now closed. Please complete the interest form below to be notified of future updates for the FY25 program.

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