Matching Grants Leverage Program
Title:  

Matching Grants Leverage Program

Agency:  

NYS Dept. of Economic Development

State:  

New York

NAICS Code:  

541710

Industry:  

Education

Solicitation Type:  

Grants Notice

Solicitation ID:  

TBD

Open Date:  

2/10/2025

Close Date:  

TBD

Last Updated:  

8/5/2025

Description:
The Matching Grants Leverage Program is a grant opportunity for higher education and not-for-profit research institutions in New York State. The program aims to leverage resources from federal or private sources, including the National Science Foundation and the National Institute of Health. To qualify for a Matching Funds Grant, the research institution must meet a minimum 2:1 matching requirement of dollars coming to NYS. The program has various contract terms and is open to all NYS counties. • The program requires a 2:1 matching requirement of dollars coming to NYS. • The research institution must receive at least two dollars from sources outside the institution for every dollar received from the state. • Funds eligible for matching are those received by the institution from the granting entity and/or from private industry that will remain in New York State. • Institutional and other state funds are not eligible to calculate the 2:1 matching funds. • The program has a Total MWBE Participation Goal of 30%.
Attached Files:

Please visit the bid source via the “Link to Bid Source” button below for documentation.

Contact Information:

Jamie Moore(Contract Mngt Specialist 2)

jamie.moore@esd.ny.gov

(518) 292-5100 ext.5158

Budget Estimate (AI):

$100,000 – $1,000,000

The budget amount for this grant opportunity is not explicitly stated. However, considering the 2:1 matching requirement and the fact that it's a grant for research institutions, the budget amount could range from $100,000 to $1,000,000. This estimation is based on the assumption that the grant will support research projects that require significant funding. The actual budget amount may vary depending on the specific project proposals and the availability of funds.

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