Technology Development Program (TDP)
Funds Arkansas science and technology projects with royalty-return financing linked to commercialization progress.
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…
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.
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