Funding Opportunity Announcement ONR STEM Program
Highlights
This program is a fantastic opportunity for your business in the STEM field. It offers financial support that can significantly enhance your technology development, research projects, and collaboration efforts. You can use the funds flexibly, aligning them with your specific objectives.
Joining this initiative means you can form strong partnerships with universities and non-profits. These collaborations can open doors to new innovations and growth prospects. Plus, the program encourages transparency; by keeping current funding disclosures up to date, you can maintain your eligibility and continuously benefit from the support.
With no strict requirements on employee numbers or revenue, it’s designed to be accessible for all types of organizations. By applying, you stand a great chance to boost your capacity for innovation, positioning your business at the forefront of the STEM industry. Don't miss out on what could be a game changer for your journey ahead!
Financing Details
Type of Financing
The funding provided through this program is primarily in the form of grants. Grants are non-repayable funds, so you won’t have to pay back the money as long as you comply with the program requirements.
Repayment Terms & Eligible Expenses
There is no repayment term or interest rate to worry about with grants. This funding can be used for a variety of eligible expenses, including project development costs, research activities, equipment purchases, and other necessary operational expenses directly related to your project.
Restrictions on Fund Usage & Fees
However, it’s important to note what the funds cannot be used for. These grant funds cannot be used for personal expenses, general administrative costs not related to the project, or any other non-eligible costs outlined in the program guidelines. As for fees, there are typically no application fees associated with this program, ensuring you keep your costs low while accessing this valuable funding.
Qualifications
Eligible to apply:
- All responsible sources from academia, non-profit organizations, and for-profit organizations.
- Foreign entities are considered.
- All legal structures are applicable.
- All profit structures are applicable.
- No minimum or maximum employees required.
- No minimum or maximum revenue qualifications.
Not eligible to apply:
- Federally Funded Research & Development Centers (FFRDCs), including Department of Energy National Laboratories.
- Navy laboratories, military universities, and warfare centers, as well as other DoD and civilian agency laboratories.
- University Affiliated Research Centers (UARC) may be eligible only if permitted by their DoD UARC contract.
Description
This program offers financial support for businesses in STEM fields across the country. You can tap into resources to enhance your projects, whether it’s technology development, research initiatives, or collaboration efforts. The funding is designed to be flexible, allowing you to use it for various purposes that align with your objectives.
It's important to keep in mind that disclosures of current and pending support might affect your eligibility for funding. As you go through the program, the Department of Defense may request updates on your financial support, which they will review throughout the funding period. Transparency is key to maintaining support.
Your business can join forces with universities, non-profits, and other organizations to create impactful partnerships. If your organization fits the criteria, this opportunity can significantly boost your capacity for innovation and growth.
Program Steps
Identify Your Project Goals
Clearly define what you want to achieve with the funding. This could be technology development, research initiatives, or collaboration efforts.Gather Required Documentation
Prepare and organize the following documents for your application:- Business financial statements (previous year)
- Project proposal outlining objectives and expected outcomes
- Description of current and pending support for your project
- Partnership agreements (if applicable)
- Organizational chart (if applicable)
Complete the Application Form
Fill out the application form available on the program’s website. Make sure all information is accurate and up-to-date.Review Your Application
Double-check your application and documentation. Ensure everything is complete and aligns with your project goals.Submit Your Application
Send your completed application and all necessary documents through the specified submission channel mentioned in the program guidelines.Await Confirmation
After submission, monitor your email for confirmation of receipt from the program administrators and any further instructions.Maintain Transparency
Keep your current and pending support disclosures updated throughout the funding period to ensure eligibility for ongoing support.
