Technology Development Program

Administered by Arkansas Economic Development Commission · Arkansas

BENEFIT

Up to $100K

Deadline type: rolling

Eligibility Requirements

1Royalty financing for science and technology projects
2Must have potential for economic and employment growth
3Well-defined project plan from idea to prototype to production
40%-5% royalty rate with 10-year end date

Eligible Project Types

Small Business

STACKING POTENTIAL

Technology Development Program is stackable — it can be combined with other federal, state, and local programs on the same project. Michigan and Ohio projects commonly stack this program with Federal Historic Tax Credit, New Markets Tax Credit, and Opportunity Zone deferral to maximize total incentive value. Use GrantRadar to see your full stack.

AFTER YOU WIN

View the Technology Development Program compliance checklist →

Reporting deadlines, vendor rules, and the disallowed-cost pitfalls that trigger clawbacks.

Source: Arkansas Economic Development Commission official program page ↗ · Last verified 2026-06-23

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STACKABLE WITH

Michigan Community Revitalization Program

Up to $10M · Direct Grant

Michigan Historic Preservation Tax Credit

25% credit · Tax Credit

Michigan Brownfield TIF

Negotiated / contact agency · Tax Increment Financing

Michigan Business Development Program

Up to $10M · Direct Grant

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