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Grant Applications Often Provide Early-Stage Funding

Startup Professionals Musings

Specifically, I often point to the NSF or the Small Business Innovation Research (SBIR) program for high-tech startups. Also, it’s important that you understand just how the SBIR program works. Acquiring seed-stage funding is admittedly tough, but a source that I find often overlooked is government grant funding, accessible in the U.S.

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Why Lean May Save Your Life – The I-Corps @ NIH

Steve Blank

The National Cancer Institute SBIR Development Center , is leading the pilot, with participation from the SBIR & STTR Programs at the National Heart, Lung and Blood Institute , the National Institute of Neurological Disorders and Stroke , and the National Center for Advancing Translational Sciences. The class is team based.

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China’s Torch Program – the glow that can light the world (Part 2 of 5)

Steve Blank

government’s SBIR and STTR programs. VC’s treat the SBIR and STTR programs – they never heard of it, or they think it takes too much time to apply for too little money. Some of the startups coming out of these incubators have become large international companies including Lenovo, Huawai, Suntech Power, etc. Seed Funding (Innofund).

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Government Grants for Small Business Startups: Finding and Applying for Them

Board Effect

Two notable federal grant programs are the Small Business Innovation Research grant program (SBIR) and the Small Business Technology Transfer Program (STTR). Twelve federal agencies offer SBIR and STTR grants including: NASA. The grant awards for the STTR program are similar to the SBIR program. National Science Foundation.

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Reinventing Life Science Startups – Evidence-based Entrepreneurship

Steve Blank

Both of these groups, those who took the Innovation Corps class and those who didn’t, applied for government peer-reviewed funding through the SBIR program. The teams that skipped the class and pursued traditional methods of starting a company had an 18% success rate in receiving SBIR Phase I funding.

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6 Stories of Successful New Entrepreneurs to Inspire Your Business

Up and Running

Thanks to assistance from SBIR-funded research, iRobot was able to conquer the thorny challenge of moving a project from the demonstration stage to a marketable and profitable product. It has grown from five employees generating $120,000 in annual revenue to 350 employees generating annual revenues of $16.5 iRobot — From robots to riches.

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Technology, Innovation, and Modern War – Class 5 – Chris Brose

Steve Blank

However, they won’t create a new commercial ecosystem if they continue to dole out small SBIR account grants and million-dollar OTA’s (door prizes for showing up) while the same five national defense contractors they’ve been paying for the past three decades still get the billion-dollar programs.