The Academic Startup Assistance Program (ASAP) is available to for-profit companies sponsored by an academic institution.
Who: Academic Startups
When: On a rolling basis
Amount: Up to $25,000
Why: To develop technology and further research efforts
This grant is early-stage funding to assist a company in achieving one or more critical milestones toward commercialization that will serve as the foundation for pursuing follow-on funding*.
The company’s final application must be submitted by the Technology Transfer Office or equivalent organization at an academic institution.
*Follow-on Funding: Investment capital that a company has received after financial support from SCRA.