This program is a fantastic opportunity for your business. You can access significant funding, ranging from $4 million to just under $20 million for implementation projects. If you are focused on design, you can request between $400,000 and $20 million. This financial support allows you to invest in new equipment, upgrade existing infrastructure, or develop essential computational resources. Plus, there's no strict payback period, meaning you can grow your business without the pressure of immediate repayment.

By applying, you'll enhance your research capabilities and meet your goals while also contributing to a more diverse workforce in STEM fields. You're not just improving your business; you're helping to create training opportunities for underrepresented groups. This is a chance to make a meaningful impact while accelerating your own projects. With no strict revenue or employee requirements, this program is accessible and designed to help businesses like yours flourish.

Type of Financing
The program offers funding through grants intended for Research Infrastructure (RI) projects. This means that once awarded, you won't need to repay the funds.

Repayment Terms & Interest Rates
Since this funding is in the form of a grant, there are no repayment terms or interest rates to worry about. It's straightforward: you receive the funds, and they are yours to use as outlined in your project proposal.

Eligible Expenses
You can use this funding for a range of expenses, including:

• Acquisition or construction of equipment and facilities
• Development of cyberinfrastructure
• Large-scale datasets
• Personnel costs related to project implementation
• Training and professional development activities

Restricted Use of Funds
However, the funds cannot be used for general operational costs or unrelated projects. Make sure to stick to the eligible expenses to ensure compliance.

Fees Associated with the Program
There are typically no fees associated with applying for or receiving the grant. This means you can focus on your project without worrying about hidden costs.

• Location: Available across the United States, with emphasis on EPSCoR jurisdictions.
• Sectors: Open to all sectors.
• Minimum Employees: No minimum employees required.
• Maximum Employees: No maximum employees required.
• Minimum Company Revenue: No minimum revenue qualifications.
• Maximum Company Revenue: No maximum revenue qualifications.
• Legal Structure: All legal structures are applicable.
• Profit Structure: All profit structures are applicable.

Disqualifications:

• Proposals with total project costs beyond the Mid-scale RI-1 Program limits will not be considered.
• Proposals submitted that do not adhere to the program's budgetary limits, either during initial submission or after cost analyses/revisions during subsequent review, are subject to return without further review.

You can access significant funding through this program, with amounts for implementation projects ranging from $4 million to just under $20 million. If your focus is on the design aspect, you can request between $400,000 and just under $20 million. This financial support can be used for various needs like acquiring new equipment, upgrading existing infrastructure, or developing essential computational resources.

The program is designed to enhance your research capabilities and help you meet your goals. It encourages projects that aim to build a diverse workforce in STEM fields. This means you will not only be improving your business but also contributing to training opportunities for underrepresented groups in science and engineering.

Importantly, there's no strict payback period associated with the funding, so you can invest in your projects without the immediate pressure of repayment. This allows you to grow and innovate at your own pace, focusing on what matters most for your business.