Louisiana Economic Development SBIR/STTR Match
Funds Los Angeles innovation with expense reimbursement for prototyping and follow-on support for small ventures.
The Louisiana Economic Development SBIR/STTR Match sits inside Louisiana Economic Development and supports companies turning federal SBIR or STTR awards into additional capital. It is a rolling grant with awards from $25,000 to $150,000 and a median actual award of about $75,000. The program is limited to Louisiana-based for-profit applicants that already hold a federal SBIR or STTR award. It targets TRL 3 to 7 projects in deep-tech across sectors, and the same project cannot stack this support with another award. The notes also tie the route to reimbursement of Phase 0 and Phase I expenses and to the state's 40 percent R&D credit for SBIR awardees. LED positions the match as part of a broader incentive platform that includes FastLane, tax credits, workforce programs, and capital tools. That makes it useful for firms that need cash timing aligned with federal reimbursements. The strongest proposals are those that can use state reimbursement to extend runway while keeping the federal project on schedule.
No upcoming rounds verified. Cadence: Rolling.