Council provides $425,000 for fiscal year 2019 operating budget to fund Small Business Innovation Research Matching Grant Program

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Program provides matching grants to biotechnology businesses that receive Small Business Innovation Research funding from the National Institutes of Health

ROCKVILLE, Md., May 25, 2018—The Montgomery County Council approved the fiscal year (FY) 2019 operating budget on Thursday, May 24, 2018. Included in the budget is a total of $425,000 for the Small Business Innovation Research (SBIR) Matching Grant Program. The program provides matching fund for businesses that receive federal SBIR and Small Business Technology Transfer (STTR) grants.

Bill 41-17, Economic Development Fund – Small Business Innovation Research and Small Business Technology Transfer Matching Grant Program established a County matching fund for... more

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