Advanced Technology - Primary Market Research Grants
Like any business, information technology-based ventures need proper business planning, yet, may lack the capacity to perform in-house primary market research, competitive analysis and market planning.
eBizITPA’s Market Research grant funding is available for one-half matching fund for primary market analysis costs up to $3,000. Market analysis costs will be split between the company and eBizITPA. This grant cannot be used to reimburse off-shore labor, and we strongly prefer Pennsylvania talent be used when possible.
A proposal must be submitted via mail, e-mail, or fax and include the following:
- Company and contact information including contact signature
- Project description, start date, end date
- Market research request-for-proposal (RFP) that will be sent to qualified professional marketing research businesses, preferably PA-based, which include the research objectives and potential impact on the business
- Results of any secondary market research completed
- Research project costs
- Requested amount of grant funding and, specifically, what the grant funding would be used for if awarded
- Summary business data showing existing costs & revenues from the past two years
- Management experience and information technology experience within the company
To strengthen the proposal, the use of newly graduated apprentices or undergraduate and graduate school interns with relevant coursework in market research and business intelligence during the project is encouraged.
Upon completion of the proposed research, the company submits an invoice to eBizITPA along with a copy of the market research firm’s invoice and proof of payment. Payment from eBizITPA to the funded company will be made within 30 working days.