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OARS Tip #6: Match Commitment

Wednesday, September 07, 2022

By: Jessica Stewart, Client Relations Manager

Let's talk about match. Match for OCAST OARS or Intern Partnerships, that is.  Match/cost share can get confusing. Let's try to simplify.

What does matching (sometimes also called cost share) mean?

In the case of OARS or Intern Partnerships, it means for every $1 you request from OCAST, you must show $1 toward the project from another non-state source. (Private investment, company $, SBIR funds, or others)

Perhaps you have an OARS project that will have a total cost of $800,000.

$400,000 can be requested from OCAST.

The other $400,000 will need to be "matched" by you to meet the $1-for-$1 requirement.

Essentially, in this example, OCAST gives you a 50% off coupon for your project by covering half of the costs proposed.

What is a matching source?

💲 Cash
💲 Salary/benefits
💲 Travel / supplies / materials
💲 Testing/validation tasks/contractual services

For the purpose of OARS and Intern Partnerships, match must:

💰 Be spent during the OCAST project period (costs incurred prior to, or after, the project period cannot be counted)
💰 Directly relate to the project proposed
💰 Be direct costs (check for a list of indirect costs)
💰 "Strong" match or commitment is demonstrated by clear ties from the matching monies to the project being proposed.

👉🏻 What questions do you have about OCAST match? Ask them in the comments or DM me!

Find this and other OARS/Intern Partnerships tips HERE

Last Modified on Sep 07, 2022