Research Funding Available from Washington Technology Center. Spring deadlines: notice of intent due March 20, application due April 24

January 4, 2008

Are you working on innovative technology applications with near-term commercial potential? Consider applying for a Washington Technology Center grant to offset the costs of your R&D. Washington Technology Center awards hundreds of thousands of dollars in funding to Washington-based research teams in an effort to help transition great ideas out of the laboratory and into the marketplace. If you are a Washington technology business looking to partner with an academic or non-profit researcher on a collaborative research endeavor, you may be eligible for a funding award through Washington Technology Center's Research & Technology Development (RTD) grants program.

These awards help Washington companies grow faster, create jobs and attract investors by providing the critical funding needed to advance scientific research and product development. RTD awards pay up to 80% of the cost of research projects -- allowing you to channel your capital to other business growth needs or continue working on breakthrough scientific discoveries. Project teams are eligible to receive up to $100,000 for initial proof-of-concept projects and up to $300,000 total for multi-phase projects. Washington Technology Center allocates $1 million annually for these grants, which are awarded on a competitive basis to collaborative research teams working on innovative technology projects with strong commercial potential.

Washington Technology Center is now accepting proposals for its next round of grants which will be awarded in June, 2008. Projects begin July 1, 2008. But hurry, application deadlines are drawing near. Notice of Intent deadline is March 20 and applications are due April 24. Free informational meetings will be held throughout Washington state in 2008. For more information about the RTD Grants Program, visit http://www.watechcenter.org/re/rtd. Here you will find everything from Fast Facts to Eligibility Criteria to Downloadable Proposal Materials. Or, for additional information, please contact Russell Paez, 206.616.3102, rpaez@watechcenter.org. More than 300 companies have benefited from the RTD grant program. You could be next.