Provides opportunity for Vermont small businesses to compete for grants to foster research and development projects leading to application to federal SBIR programs.

Provides opportunity for Vermont small businesses to compete for grants to use facilities at UVM to collect the data necessary for the submission of Phase (I) and (II) federal grants.

Truly innovative research is needed to stimulate science and technology development in the Nation and enhance our competitiveness in the global economy. In order to stimulate truly innovative research in Vermont, the Innovation Fund searches for ideas that, if they work, would revolutionize a Science, Technology, Engineering or Math (STEM) field.