CSIT R&D Voucher FAQs.pdf

1. Separate applications are required for each CSIT program.
2. Asset maps are on https://www.njeda.com/csit/.
3. One applicant per unique EIN, but individuals can have ownership in multiple applicants.
4. Voucher funds cover R&D costs at approved NJ facilities, not patent filings or attorney fees.
5. Funds are for early-stage development, not commercial use or manufacturing.
6. Employee status can be demonstrated with K-1 documents, Shareholder Agreements, or CEO verification letters.
7. Self-employed individuals are eligible to apply.
8. No cost-share requirements; grantees can receive up to $25,000 over 12 months.
9. Tax clearance certificates are required, obtained from https://www16.state.nj.us/NJPREMIEREBIZ/jsp/home.jsp.
10. The voucher process involves a two-part application, with CSIT reimbursing the university/facility after project completion.
11. CSIT assists in identifying partner facilities.
12. Vouchers only fund work done at approved NJ facilities.
13. No points are allocated for minority or women-owned businesses.
14. New applicants can apply directly to Round 2 of the Clean Tech R&D Voucher Program.
15. Funding cannot be used for equipment purchases.
16. Grantees and universities negotiate costs and rates; CSIT reimburses up to $25,000.
17. Voucher awards are grant funds, do not need to be paid back, and may have tax implications.