Office of Naval Research Science and Technology for Advanced Manufacturing Projects (STAMP)
Highlights
You have a unique chance to gain financial support for your advanced manufacturing projects. This program allows you to propose the funding amount you need, which means you can tailor your request to match your specific goals, whether that’s for research and development, skilled workforce hiring, or technology upgrades. With no cap on funding, this opens up many possibilities for growth and innovation within your business.
By applying, you also have the opportunity to collaborate with diverse partners in academia and industry. These partnerships can lead to new insights and solutions that you might not have discovered alone. Additionally, this engagement not only strengthens your business profile but also positions you to take advantage of ongoing evaluation and feedback, driving long-term success.
Don't let the chance slip by. This program is designed for businesses like yours, providing the tools and support you need to push your projects forward and achieve your vision.
Financing Details
Type of Financing
The financing offered through this program includes grants. These grants do not need to be repaid, making them a fantastic opportunity for your business to receive funding without the burden of debt.
Repayment Terms and Interest Rates
Since these are grants, there are no repayment terms or interest rates involved. You receive the funds, and they are yours to keep as long as you comply with the program's requirements.
Eligible Expenses
Eligible expenses for this funding can include:
- Research and development costs
- Staffing and labor expenses related to the project
- Equipment and materials necessary for the project
Restrictions on Fund Usage
It’s important to note that this funding cannot be used for:
- General operating expenses unrelated to the funded project
- Debt repayment or previous expenses
Fees Associated with the Program
There are typically no fees associated with applying or receiving the grant. The aim is to support your business without adding any hidden costs.
Qualifications
Qualifications:
- All businesses, both small and large, are encouraged to submit proposals.
- Available to businesses worldwide across all sectors.
- No minimum or maximum number of employees required.
- No minimum or maximum company revenue qualifications.
- All legal structures are applicable.
- All profit structures are applicable.
Disqualifications:
- Federally Funded Research & Development Centers (FFRDCs) cannot receive awards.
- Navy laboratories, military universities, warfare centers, and other Department of Defense and civilian agency laboratories are not eligible to submit proposals.
- Current and pending support disclosures may render an applicant ineligible for funding.
Description
This program opens the door to potential funding for advanced manufacturing projects. You can harness this opportunity to support innovation and growth within your business. Since there is no limit on the amount of funding, you have the chance to propose what you need to enhance your manufacturing capabilities.
The funding you receive can be used for a variety of purposes, including research and development, hiring skilled workers, or upgrading technology. However, it's important to know that the money will need to be used responsibly. While there is no strict payback period currently outlined, you'll need to be prepared for ongoing evaluations throughout the funding process.
Engaging with this program not only gives you access to financial support but also encourages cooperation with diverse partners in academia, industry, and the research community. This can lead to strong collaborations that may benefit your business in unexpected ways. Embracing this program could be a significant step towards advancing your manufacturing projects and driving your business forward.
Program Steps
Gather Necessary Documentation
Prepare the following documents for your application:- Business plan outlining your advanced manufacturing project
- Financial statements (balance sheets, income statements)
- Project budget detailing your funding needs
- Proof of past performance or relevant experience
- Letters of support from potential partners (if applicable)
Define Your Proposal
Clearly describe what your advanced manufacturing project entails. Specify the goals, expected outcomes, and how the funding will enhance your business.Consult with Stakeholders
Engage with key team members and potential partners. Discuss your proposal and gather feedback to refine your application.Complete the Application Form
Fill out the application form with accurate information about your business and the proposed project.Submit Your Application
Submit your completed application along with the necessary documentation. Ensure that all forms are signed and dated as required.Prepare for Ongoing Evaluations
Be ready to demonstrate how you'll use the funding responsibly. Plan to provide regular updates and reports on your project's progress.Follow Up
After submission, check in periodically to confirm the status of your application and address any requests for additional information.
