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FY24 DEFENSE ESTABLISHED PROGRAM TO STIMULATE COMPETITIVE RESEARCH (DEPSCoR) – RESEARCH COLLABORATION (RC)

Up to $600,000
Type
GRANTS AND FUNDING
Application Difficulty
MEDIUM
Application DeadlineNovember 25, 2024
Time To Complete4 weeksProgram Budgetno cap
See If You Qualify

Highlights

This program is a fantastic opportunity for your business to receive up to $600,000 in grants for multi-year research projects in the fields of science and engineering. The funding is designed to support your growth and enhance your research capabilities, allowing you to tackle projects that are vital for the Department of Defense. With grants structured at up to $200,000 per year for three years, you won’t face the pressure of immediate payback, making it easier to innovate and explore new possibilities.

By applying, you position your business to tap into a total funding pool of $15 million, dramatically improving your chances of securing resources for critical initiatives that could otherwise go unfunded. This support can help elevate your competitiveness within the federal research landscape, paving the way for sustained growth and further grant opportunities in the future.

Don't let this chance pass you by. This program aligns perfectly with the needs of businesses like yours, providing valuable financial backing while contributing to significant defense-related research initiatives. By participating, your business can thrive and play a part in advancing national security.

Financing Details

Type of Financing
The program offers grants. These grants can provide funding of up to $600,000 in total costs, with up to $200,000 per year for a duration of three years.

Repayment and Interest
There is no repayment required for these grants, meaning you won't owe anything back. No interest rates apply since this is not a loan.

Eligible Expenses
Eligible expenses include costs related to science and engineering research that align with the Department of Defense's mission. This might encompass salaries, equipment, and project development costs.

Ineligible Expenses
The funds cannot be used for personal expenses, non-research related costs, or any expenditures that don’t directly support the objectives of the grant.

Fees
There are no fees associated with this program. You can focus on your research without worrying about hidden costs.

Qualifications

  • Eligible Locations: The business must operate in specific eligible States/Territories.
  • Sectors: All sectors are eligible to apply.
  • Employees: There are no minimum or maximum employee requirements.
  • Company Revenue: There are no minimum or maximum revenue qualifications.
  • Legal Structure: All legal structures are applicable.
  • Profit Structure: All profit structures are applicable.

Disqualifications: None mentioned in the provided context.

Description

This program offers you the chance to receive up to $600,000 in funding for your business. The funds can be used for multi-year research projects related to science and engineering, which are essential for the Department of Defense. This funding can help you enhance your research capabilities and increase your competitiveness in the federal research landscape.

The funding is structured as grants, providing up to $200,000 per year for three years. This support can make a substantial difference in your ability to conduct significant research and development without the stress of immediate payback. It’s designed to help you grow and improve your business while aligning with the needs of national security.

With a total pool of $15 million available, this is a valuable opportunity to gain financial backing for innovative efforts that might otherwise go unfunded. Take advantage of this chance to strengthen your operations and contribute to important defense research initiatives.

Program Steps

  1. Prepare your project proposal.
    Outline the specific research project you intend to undertake, emphasizing its relevance to the Department of Defense.

  2. Gather necessary documentation.
    You will need the following documents:

    • Business plan
    • Financial statements (last 3 years)
    • Tax returns (last 3 years)
    • Project budget and funding needs
    • Resumes of key team members
    • Any relevant patents or research previous work
  3. Complete the application form.
    Fill out the official application form, providing all requested information clearly and accurately.

  4. Submit your proposal.
    Ensure that all components of your application package are submitted by the deadline through the designated application portal or mailing address.

  5. Follow up on your submission.
    Keep track of your application status and be prepared to respond to any requests for additional information or clarification.

  6. Prepare for potential interviews or presentations.
    Be ready to discuss your proposal in detail if asked. Practice clearly communicating your project’s goals and significance to the evaluators.

Visit Program Website