(KAIR)--Kansas Governor Laura Kelly on Thursday announced a new program that will help Kansas small businesses innovate, bring new products and services to market, and compete at a global level. According to a release from Kelly’s office, the Small Business Research & Development Acceleration Grants, which were approved by the 2022 Legislature and signed into law by Governor Kelly, are being made available through the Kansas Department of Commerce.
Kelly, in the release, notes that the “grants enable small businesses to enter new markets and stay ahead in [the] rapidly changing economy.”
The Small Business Research & Development Acceleration Grants are designed to assist Kansas small businesses in advancing a product or service to commercialization; modifying a product or service to enter a new market; or gaining a new client by leveraging higher education facilities, equipment, and expertise.
Prospective grant recipients will work with a Kansas public higher education institution to conduct research and development and receive a 50/50 matching grant up to $25,000.
The grant program is open to Kansas registered businesses headquartered in Kansas with 50 or fewer full-time employees with at least 60 percent of its workforce, including contracted staff, in Kansas. For every dollar received from the Small Business Research & Development Acceleration Grant, the company must contribute a dollar of its own resources. Up to 50 percent of the match may be an in-kind contribution if it is provided by a public higher education institution and approved by the Kansas Department of Commerce. Approved projects must be completed within one year.
The fall 2022 application window is open now through October 17 and grants will be announced in November. For more information and to complete an application, please go to: https://www.kansascommerce.gov/rdaccelerationgrants/ or click here.
© Many Signals Communications
MOST VIEWED STORIES
Holton man killed in Jackson Co crash
Morrill pair arrested on drug, child endangerment charges
Cold case investigation leads to Holton warrant
Effingham owner regains truck following theft, arrest
Horton City Clerk's resignation accepted Monday
Local residents avoid injury in chain reaction crash
Former Kickapoo Tribal chairman arrested
90 mph+ downburst winds blamed for Thursday damage
Winchester native named as Amberwell CEO
Wamego man sentenced in second fentanyl-related death
Mayetta pair arrested on meth, child endangerment charges
Stolen trailer, 4-wheeler, recovered in Atchison
Holton property search concludes with arrest
Juveniles face charges following Atchison break-in
Atchison Co's Oswald named honorary bailiff for KS Court
Two arrested following Friday Jackson Co traffic stop
McLouth man injured in Monday wreck
No injuries in early Sunday morning house fire in Falls City
LATEST STORIES
KS prepares for severe weekend weather
Richardson County Board approves pay raise for dispatchers
NPPD urges farmers to be safe around power lines
Arbor Day proclaimed in Atchison
Former AG Schmidt running for KS' 2nd Congressional District
Doniphan Co Commission approves overlay projects
Holton property search concludes with arrest
Former Kickapoo Tribal chairman arrested