Technology & Market Assessment Grants

Small companies are the breeding ground for innovative products and disruptive technologies. In order to effectively allocate resources, it is important to have knowledge of similar and/or existing technology, patents, commercialization potential, markets and strategic partners. To enhance business growth and investment in Arizona, Commerce has contracted with industry and technology experts to provide Technology & Market Assessment grants that review and validate technologies, conduct competitive analysis, and explore market potential.

Overview
Who	Small Arizona technology companies with less than 100 employees or less than $4 million in revenue. The company’s primary business has to be in one of the following technology areas: Advanced Manufacturing Advanced Materials  Aerospace  Biosciences Electronics  Environmental Sciences  Information Technology Nanotechnology  Optics  Telecommunications  Sustainable Systems
What	A Market Assessment provides emerging technology entrepreneurs with a commercialization feasibility study; hence contributing to the formulation of successful marketing and licensing strategies. A Technology Assessment offers technology entrepreneurs access to an independent, expert review of their technology under development. Emphasis is placed on determining if the technology already exists, is a good candidate for intellectual property protection and likely to find an attractive market.
When	NEW! Download the proposed Grant Solicitation Schedules: Market Assessment Grants or  Technology Assessment Grants
Why	To receive invaluable information from professional and accredited industry leaders on the viability of a technology and/or the market feasibility, potential and opportunity of a technology.
How	To request an application for any of the above listed grants, please send your request to procurement@azcommerce.com and include the grant solicitation number.