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Innovation Voucher Award Program

Monday, October 29, 2018

Financial Awards Give Small Businesses Access to Technical Assistance

The Innovation Voucher Award Program provides $5,000 to $25,000 awards to help small businesses purchase technical assistance and services necessary to advance research, development or commercialization of new or innovative products and services.

Qualifying businesses receive awards – which the recipient must match on a 50 percent basis – to reimburse for expenses incurred for assistance and services rendered by public universities, colleges, technical schools and non-profits in Minnesota. Reimbursable expenses include purchased technical assistance and services in research, technical development, product development, commercialization, market development, technology exploration, and improved business practices, including strategies to grow business and create operational efficiencies.

Expenses not directly related to the development and commercialization of new and innovative products and services are not eligible for reimbursement.

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The Todd County Board of Commissioners believes that a county-wide effort to launch high speed reciprocal broadband services in Todd County is key to the success of the County in to the future. Click here to learn how you can support this effort.