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Technology Development Program (TDP)

Technology Development Program (TDP)

Funds Arkansas science and technology projects with royalty-return financing linked to commercialization progress.

OpenArkansas Economic Development CommissionUnited States
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About

The Technology Development Program (TDP) is a royalty-back financing instrument administered by the Arkansas Economic Development Commission (AEDC), formerly part of the Arkansas Science and Technology Authority (ASTA) before ASTA programmes were consolidated into AEDC in 2017. TDP provides up to $100,000 in financing to Arkansas science and technology projects that demonstrate clear commercialisa…

What this grant funds

AEDC royalty-back financing of up to $100,000 at a 0–5% royalty rate over a 10-year term for Arkansas science and technology projects with demonstrated commercialization potential.

Key facts
CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Rolling
Next deadlineiThe next date applications are due. Rolling means you can apply any time.Rolling
Decision timeiTypical time from the deadline to the funder's decision.—
Project durationiHow long the funded work is expected to run.—
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Royalty-back
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.0%
Funding pooliThe total budget available across all awards in this round.—
Funding analytics

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Eligibility criteria

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Application process

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Last verified: 24 Jul 2026Source: www.arkansasedc.com