Welcome to the ISBI Catalyst Commercialization Grant page funded by TRUIST Bank

Participants can apply for a competitive "Catalyst Commercialization Grant," which will provide three companies with $1,000 one-time grants ($3,000 total) for go-to-market or customer discovery strategy, market research, business development, professional development, prototype design, MVP development, technology licensing, or SBIR/STTR proposal writing.

Eligible Companies Must:

• Submit Application

• Describe Your Business Need

• Eligible Participants are Current ISBI Member Companies or Prospects

• Member of other Prince George's County-based incubators/accelerators

  Use of Grant:


  Three eligible businesses may receive a one-time grant up to $1,000 one-time grants ($3,000 total) for go-to-market or customer discovery strategy, market research, business development, professional development, prototype design, MVP development, technology licensing, or SBIR/STTR proposal writing.
  

APPLICATION CLOSED

ADDITIONAL INFORMATION

A diverse group of judges across PGCEDC departments reviews applications and makes selections. Direct grants versus reimbursable grants enable under-resourced entrepreneurs to execute immediately. Grant awardees will submit an outcomes report and receipts of money spent.

The "Catalyst Commercialization Grant" revamps our successful ISBI Catalyst Grant competition of 2019 and 2020, where awardees reported deepening their customer knowledge, competitively positioning their intellectual property for company formation, and readying their products/services for market entry and penetration.

Applications will be accepted between July 2024 and September 30, 2024

Applicants are not guaranteed to received funding.

DATES OF INTEREST

Application:

CLOSED

Notification of Awards:

January 2025

Disbursement of Funds: January 2025