This week, a new economic development initiative was launched as a pilot program aimed at fostering research, innovation and growth within the local business community. The Richardson Research Award Match Program (RAMP) is intended to complement the federal Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs and is designed to attract and support research and development (R&D) in Richardson, providing additional financial assistance to startups that have proven strong potential for the commercialization of R&D projects.
RAMP Program Eligibility
- RAMP will award funds to research-focused, for-profit, privately owned small businesses that have received federal SBIR or STTR Phase I or Phase II grants.
- Recipients must be located in Richardson, or commit to relocating to and operating in Richardson, for a minimum of five years after receiving funds.
Website: https://www.telecomcorridor.com/
