Your business stands to gain a lot from this program, which is all about enhancing research infrastructure and capacity. By applying, you can secure funding that allows you to invest in critical areas such as research facilities and workforce development. This means strengthening your operations and expanding your capabilities, positioning your business for future growth and innovation.

Additionally, the program fosters valuable collaborations among academic institutions, the government, and other industries. This could open doors to new partnerships and networking opportunities that enhance your research ecosystem. Furthermore, you’ll play a role in broadening participation in STEM fields, which helps build a stronger community and promotes economic development.

The support aims not just for short-term gains, but for long-term sustainability. The improvements you initiate today can continue to benefit your organization and the wider community for years to come. Taking this step can be a game-changer for your business.

Type of Financing
This program offers grants to eligible businesses. Grants are funds that do not need to be paid back, making them a great option for your business development efforts.

Repayment Terms
Since these are grants, there are no repayment terms or interest rates. You receive the funds to grow your research infrastructure without the worry of debt hanging over your head.

Eligible Expenses
The funds can be used for a variety of eligible expenses, including:

• Development or enhancement of research facilities
• Workforce development and training programs
• Community engagement and outreach initiatives
• Building partnerships among academic, government, and industry sectors

Restrictions on Fund Use
It's important to note that the funds cannot be used for personal expenses or unrelated business costs. Ensure that your spending aligns with the outlined goals of research development and infrastructure support.

Fees
There are no fees associated with applying for or receiving the grant. It's all about making the process smooth and accessible for you.

• Jurisdiction: Business must be located in an EPSCoR-eligible jurisdiction (specific states, territories, and commonwealths).
• Sectors: Available to businesses in all sectors.
• Employees: No minimum or maximum number of employees required.
• Company Revenue: No minimum or maximum revenue requirements.
• Legal Structure: All legal structures are applicable.
• Profit Structure: All profit structures are applicable.

Disqualifications:

• There are no specific disqualifications mentioned in the provided context.

Your business can benefit greatly from this program, which focuses on enhancing research infrastructure and capacity. By participating, you can access funding to invest in key areas like research facilities, workforce development, and STEM education pathways. This means you can strengthen your operations and expand your capabilities, positioning your business for future growth and innovation.

The program encourages collaborations between various sectors, including academic institutions and government organizations. You can create valuable partnerships that enhance your research ecosystem. Your business may also gain opportunities to broaden participation in STEM fields, engaging with communities and fostering economic development.

The support is designed not just for immediate gains, but also for long-term sustainability, ensuring that the improvements you make today will continue to benefit your organization and the wider community for years to come.