The Alabama Research and Development Enhancement Fund (ARDEF) established by the Alabama Innovation Act (AIA) is administered by ADECA provide funds for the purpose of encouraging new and continuing efforts to conduct research and development activities within Alabama.
Donor Name: Alabama Department of Economic and Community Affairs (ADECA)
State: Alabama
County: All Counties
Type of Grant: Grant
Deadline: 07/29/2023
Size of the Grant: $970,000
Details:
This solicitation focuses on encouraging these activities by supporting and advancing research and development in Alabama to improve employment opportunities and products and services available to the citizens of Alabama.
Funding Information
- The ADECA Energy Division intends to issue awards totaling no more than $4,850,000.00.
- Individual grants awarded by ADECA may not exceed the lesser of:
- Twenty percent (20%) of the total grant funds awarded in a single fiscal year. The maximum available for this fiscal year award is $970,000 contingent on the projects funded, or
- Fifty percent (50%) of the budgeted project costs
- Indirect costs and administrative costs may not exceed ten percent (10%) of the grant amount awarded. Although the eligible research entity may have an indirect cost rate higher than 10%, the ARDEF grant funds cannot cover more than ten percent (10%) of the eligible research entity’s indirect costs and administrative costs.
Funding Allocation
The grants shall be allocated among eligible applicants using a competitive scoring system. Criteria to be considered include the following:
- New research
- The amount of financial commitment of an industry partner
- Research to benefit Alabama business and industry
- Research to benefit small- and medium-sized business and industry
- New and continuing efforts to conduct new or expanded research and development activities within Alabama
- Research to improve the employment opportunities available to the residents of the state
- Research to improve the products and services available to the residents of the state.
Eligibility Criteria
Eligible Research Entities include the following:
- A public or private university in the state in partnership with a private sector applicant
- A university research foundation affiliated with a public or private university in the state in partnership with a private sector applicant
- A public two-year college in the state in partnership with a private sector applicant
- A publicly-owned hospital in the state in partnership with a private sector applicant
- An entity duly formed, domiciled or qualified to do business in the state in partnership with a private sector applicant and that meets each of the following criteria:
- Is exempt from federal income tax under Section 501 (c) (3) of the Internal Revenue Code of 1986, as amended
- Is predominantly engaged in research and non-commercial development activities undertaken for the purpose of discovering information that is technological or biotechnological in nature, involves a process of experimentation, and the application of which is intended to be used in the development of a new or improved product, service or treatment
- Has its headquarters and principal place of business in the state; and
- Has, or is anticipated to have, at least 75 percent (75%) of its property and payroll in Alabama, using the property and payroll factor calculations found in Title 40.
For more information, visit ADECA.