Technology Development Program (TDP)

The Technology Development Program (TDP) is AEDC's royalty-back financing route for Arkansas science and technology projects with commercialization potential. It can provide up to $100,000 and uses a royalty rate of 0 to 5 percent over a 10-year term. Like the other Arkansas innovation incentives, it sits inside the state's economic development apparatus rather than a university grant office. TDP is for-profit only and open to US-registered, US-operating companies. It runs rolling, and the available record makes clear that the program is designed for commercialization work, not general operating support. The royalty structure gives AEDC upside if the project succeeds, which makes the program closer to patient development capital than to a standard subsidy. For applicants, the strongest fit is a science or technology project that can show a path to market and can live with revenue-linked repayment. Compared with TTAG's micro-grant and SCIP's equity-or-debt style capital, TDP is the middle ground: a smaller ticket than SCIP, but more structured than a simple grant.

Each grant below is a distinct funding opportunity with its own eligibility, scope, and deliverables.