SBIR & STTR Assistance

When it comes to actually being awarded funding, entrepreneurs are 100 to 200 times more likely to get an SBIR grant than venture money.

The Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs provide qualified small businesses, with opportunities to propose innovative projects that meet specific federal needs. These programs offer more than $2 billion dollars annually to support the research and development of technology by small businesses across the nation. Federal agencies set aside a portion of their extramural R&D budget to be awarded to small businesses. Researchers can receive anywhere from $150,000 to $1 million in capital to determine a technology’s feasibility and develop a prototype. It’s a good deal from the U.S. government. Not only do entrepreneurs not have to repay the money as long as they meet the terms of the funding, but they also don’t give up any ownership of the company.

EnterpriseWorks offers SBIR and STTR technical assistance and counseling for entrepreneurs in both East Central Illinois and throughout the state of Illinois. Apply below to setup an appointment.

Benefits of the Program

Become more familiar with SBIR funding and how to search solicitations.
Learn best practices for submitting a thorough application.
Talk with program managers for input on how to draft a budget and write an effective commercialization plan or execute an award agreement.
Get help navigating the various State sponsored programs set up to encourage and support SBIR submissions.

Apply

This is a free service to help entrepreneurs in the state of Illinois that are potential awardees for SBIR and STTR funding.

Apply