OKCatalyst and KSTC Form New Innovation Accelerator

OKCatalyst partners with the Kentucky Science and Technology Corporation to help small businesses secure funding from the Department of Defense.

OKCatalyst teaches entrepreneurs how to use SBIR funding to launch new products & grow their business. The DoD looks to give out innovation awards to small business companies. This duo will act as an accelerator aiming to help build Kentucky’s innovation and high-tech business ecosystem. 

They will provide the opportunity for small businesses to apply for contracts through the DoD Small Business Innovation Research (SBIR) and Technology Transfer (STTR) programs. These seed fund contracts provide funding to help companies meet federal R&D needs. This new collaboration gives business owners access to experienced professionals, funding, and a small business community. 

Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

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