Aviation Resources and Consulting Services (ARCS Aviation) is pleased to announce we have been awarded a SBIR Phase II Matching Fund. On October 5th, Launch Tennessee (LaunchTN) unveiled the full list of this year’s SBIR/STTR Matching Fund grant recipients and we are thrilled to share this news publicly. Each company received an initial competitive federal grant to accelerate innovation.
This Matching Fund is an initiative within the state of Tennessee to further advance the commercialization of innovation and job creation, and to encourage entrepreneurs and innovators within the tech industry. Launch Tennessee stated they received more than 60 applications to the SBIR/STTR Matching Fund this year; we are proud to have been chosen for this opportunity and look forward to witnessing the benefits of this grant within our industry!