The Arizona Commerce Authority has announced the
2010 Arizona Commerce Authority (ACA) Innovation Grant Program
The Innovation Grant Program is intended to foster the
growth of early-stage tech ventures in the state by bridging the financing gap
between research and development and commercial launch of promising
technology. $1.5 million of American Recovery and Reinvestment Act (ARRA)
funds are available for grants ranging from $100,000 - $250,000.
Commercialization grants will be awarded to small (less than 30 employees),
early-stage companies in Arizona’s targeted manufacturing export industries -
renewable energy and sustainability, bio and life sciences, electronics,
information technology, aerospace and defense, and advanced
Applications are due no later than 5:00 PM, December 23,
2010. Applicants must propose a complete project plan to commercialize their
technology solution by September 30, 2011.