Opportunity Information
Title
						 FY 2024-2025 Prototype Grant
					Description
						The Prototype Grant is a matching grant that provides financial assistance for product development to businesses operating in Nebraska. Funds are accessed on a reimbursement basis - if a project is funded, the business may request reimbursement for a share of expenses as they are incurred. Only those expenses related directly to product development are eligible for reimbursement. Priority is given to those projects that are conducting the development work in the state of Nebraska.
If funded, DED can reimburse 2/3 of eligible project expenses (or 80% for value-added agriculture projects or projects in an Economic Redevelopment Area). The business must provide funding equal to 50% of the grant award (1/3 of project costs, 1/5 for value-added agriculture projects or projects in an Economic Redevelopment Area).
Award Ceiling: $150,000.
Cash Match: 1/3 of project costs. 20% for Value-added agriculture projects. 20% for projects occurring in an Economic Redevelopment Area.
						Agency Contact Name
						Aidan Larsen
					Agency Contact Email
						aidan.larsen@nebraska.gov
					Program
						
					Fund Activity Categories
						
					Departments
						01 Business Development
					Subjects
						Prototype, 25FY
					Opportunity Manager
						Aidan Larsen
					Additional Users
						Ben Kuspa
					Funding Information
Opportunity Funding
						
							$4,459,670.00
						
					Award Information
Award Ceiling
						
$150,000.00						
					Award Type
						
							Competitive
						
					Capital Grant
						No
					Indirect Costs Allowed
						No
					Matching Requirement
						Yes
					Other Funding Requirement
						Submission Information
Submission Timeline Type
						
							One Time
						
					Submission Open Date
						Submission Close Date
						Submission Timeline Additional Information
						Applications are accepted on a fiscal year basis from July 1st through June 30th or until funds are exhausted.
						Other Submission Requirements
						Program Overview and Guidelines:
https://opportunity.nebraska.gov/programs/business/nif-prototype-grants/
						Question Submission Information
Question Submission Additional Information
						Questions may be directed to:
Additional information: https://opportunity.nebraska.gov/bia
						Eligibility Information
Additional Eligibility Information
						Eligible applicants are for-profit businesses with less than 500 employees that are conducting product development in the state of Nebraska.
						Additional Information
Additional Information URL
						
					Additional Information URL Description
						Resources:
General and Program specific Amplifund user guides and videos can be found at https://opportunity.nebraska.gov/amplifund/.
Statewide Relay System:
Individuals, who are hearing and/or speech impaired and have a TTY, may contact the Department through the Statewide Relay System by calling (800) 833-7352 (TTY) or (800) 833-0920 (voice).
The relay operator should be asked to call DED at (800) 426-6505 or (402) 471-3111.