This program is a fantastic opportunity for your business to engage in innovative research that can lead to significant breakthroughs in your field. By participating, you’ll gain access to funding that can help you cover essential costs such as hiring skilled staff and acquiring necessary materials. This is a chance to not only advance your projects but also to forge valuable relationships with the Department of Defense.

The best part? There are no strict revenue requirements or employee limits, making it flexible and accessible for businesses of all sizes. This design means you can focus on groundbreaking research without the added worry of financial constraints. Whether you’re a small startup or a well-established firm, this program can support and enhance your growth, helping you play a key role in shaping the next generation of scientists and engineers.

Type of Financing

This program offers grants to support innovative basic research activities. Grants are funds you don’t have to pay back, which makes them a fantastic opportunity for your business.

Repayment Terms and Interest Rates

Since these are grants, there are no repayment terms or interest rates associated with the funding. You can use the funds without worrying about paying them back later.

Eligible Expenses

The funds can be used for a variety of expenses related to innovative basic research, including:

• Research project costs
• Personnel salaries
• Materials and supplies
• Equipment necessary for research

Ineligible Expenses

However, the funds cannot be used for:

• General or overhead costs
• Marketing or advertising expenses
• Any unrelated business activities

Fees Associated with the Program

There are no fees required to apply for or receive these grants. This means you can focus on your research without incurring additional costs.

• Location: Available across the country.
• Sectors: Open to all sectors.
• Legal Structure: All legal structures are applicable.
• Profit Structure: All profit structures are applicable.
• Employees: No minimum or maximum employee requirements.
• Revenue: No minimum or maximum revenue qualifications.

Disqualifications: None specified.

This program offers an exciting chance to engage in innovative research that can lead to breakthroughs in your field. If you participate, you can access funding that supports your research initiatives. This funding can be utilized for various purposes, including hiring talented staff, acquiring necessary materials, and covering project-related expenses.

The focus of this program is to foster the growth of the next generation of scientists and engineers who will contribute to the defense workforce. By getting involved, you can help shape future innovations while gaining valuable partnerships with the Department of Defense.

Importantly, this funding does not impose strict revenue requirements or employee limits, making it open and flexible for businesses of all sizes. This flexibility means it is designed to fit your needs, allowing you to focus on groundbreaking research without financial stress.