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Small Business Grant Assistance Program

SBIR funding is instrumental to assist in increasing the number of entrepreneurs and startups in high-growth industry sectors. 

What are the objectives of SBIR funding?

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Stimulate technological innovation

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Meet federal research and development needs

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Increase private sector commercialization of innovations developed through federal R&D funding

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Foster and encourage participation in innovation and entrepreneurship by socially and economically disadvantaged persons and women-owned small businesses

Benefits:

  • Early-stage, non-dilutive funding
  • Start Up maintains intellectual property rights
  • Provides recognition and visibility for the start-up
  • An attracter for additional early-stage funding

SBIR Qualifications:

  • Applicant must be a small business

  • Organized for-profit U.S. business

  • 500 or fewer employees, including affiliates

  • ˃ 50% U.S.-owned by individuals and independently operated OR ˃ 50% owned and controlled by another (one) business that is ˃ 50% owned and controlled by one or more individuals

OR

  • (SBIR ONLY) ˃ 50% owned by multiple venture capital operating companies, hedge funds, private equity firms, or any combination of these

Submission Date: January 5th

Estimated Award Date: July

Submission Date: April 5th

Estimated Award Date: September or December