The North Carolina Board of Science, Technology & Innovation administers the grants.

 

According to the state's Commerce Department, matching grants of up to $50,000 are available to businesses that have been awarded federal Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) grants. 

 

The 2014-15 Solicitation for the Program as well as program information, application instructions, and supporting materials are posted on the Board’s website at www.nccommerce.com/sti

 

North Carolina is one of several states with a matching program to leverage federal funds and help homegrown businesses commercialize innovative technologies. 

 

A Commerce Department statement says South Carolina, Kentucky and Virginia modeled their programs after North Carolina’s.