Nebraska Academic Research and Development Grants provide matching competitive grants for research and development activities in collaboration with a Nebraska college or university. The program focuses on commercializing new projects, improving existing products for better marketability, and enhancing processes to generate new revenue for Nebraska businesses. Phase I R&D awards are capped at $100,000, while Phase II awards are capped at $400,000. Businesses must match the grant amount with eligible funds. The project scope includes academic research and development activities conducted with a Nebraska college, university, or faculty member to develop new products and processes or modify existing ones. For more details, visit the Nebraska Department of Economic Development website.