29 Del. C. § 8737A: Matching or supplemental funds for federal Small Business Innovation Research Program and Small Business Technology Transfer Program.

(a) Subject to funds allocated or otherwise made available for such purpose, this State may provide matching funds or supplemental grant funds to an eligible small business that has received a federal SBIR or STTR Phase I or Phase II award.

(1)-(4) [Repealed.]

(b) To qualify for funding under this section, a small business must have its principal place of business in this State and certify that the funded work, related research and development, or commercialization activity will benefit the Delaware economy.

(c) The Division shall administer the program using funds allocated or otherwise made available for such purpose and may establish application requirements, program guidelines, allowable uses of funds, award amounts, and such other criteria as are necessary to carry out this section.

(d) The Council shall review applications for use of available funds under this section and make recommendations to the Division regarding fund allocation.