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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. However, for startups who have gotten an Innofund grant, it does provide the same positive cachet as an SBIR and STTR grant – the government has reviewed your technology and thought it was worthy. MORE
A good place to start looking is the Small Business Innovation Research (SBIR) program, which is a lifeline for high-tech startups. In the US, many entrepreneurs see grants as “free money,” since they are not loans and don’t have to be repaid. A grant is not an equity investment, so the entrepreneur doesn’t have to give up a stake in the company either. Typically they can be used to fund product development and commercialization that would otherwise require outside investors. MORE
But last week, the federal government held its Fall SBIR/STTR Conference at the AT&T Executive Conference Center in Austin to make the grants more accessible to bootstrapped entrepreneurs. Several […] The post SBIR Grants Made Less Mysterious appeared first on SiliconHills. By LAURA LOREK Reporter with Silicon Hills News Getting a research grant from the federal government can seem like a big mysterious process to startup entrepreneurs. MORE
The same year we started the class, it was adopted by the National Science Foundation to train Principal Investigators who wanted to get a federal grant for commercializing their science (an SBIR grant.) We just finished our 6th annual Hacking for Defense class at Stanford. What a year. MORE
Still, you can’t ignore the possibility of securing non-dilutive capital from sources such as SBIR ( Small Business Innovative Research ) or business development grants from state and local governments. SBIR often offers grants to projects that are deemed risky by the VCs or equity investors. The global healthcare industry is in flux like never before. MORE
For instance, ClearFlame Engines — which is developing drop-in engine technology to allow diesel generators and heavy-duty vehicles to run on biofuel without a loss of power — won a $225,000 Small Business Innovation Research (SBIR) grant from the National Science Foundation (NSF). Atlas Energy Systems has joint proposals with a number of companies on multiple SBIRs to develop a prototype of its radioisotope nuclear battery. MORE
SBIR/STTR Program and Startup Seed Funding. The Small Business Innovative Research ( SBIR ) and Small Business Technology Transfer ( STTR ) programs are startup seed funds created by Congress to encourage U.S. agencies participate in the SBIR/STTR program, with DOD, HHS (NIH), NSF, DOE, and NASA offering the majority of funding opportunities. The SBIR/STTR program made ~6,200 seed stage investments in 2014, dwarfing the seed investments made by venture capital. MORE
The same year we started the class, it was adopted by the National Science Foundation to train Principal Investigators who wanted to get a federal grant for commercializing their science (an SBIR grant.) We just finished our 5th annual Hacking for Defense class at Stanford. What a year. MORE
All the services have incubators, Accelerator’s, and SBIR programs. We just had our first week of our new national security class Technology, Innovation and Modern War. MORE
Alex has helped bring more than $160 million in funding to Texas startups through SBIR, STTR and other government funding programs for companies like Essentium, ICON 3D, and LIFT Aircraft. MORE
We’ve launched SBIR Accelerator, a deliberate vehicle to connect startups, defense industry, and investors to a funded innovation project and maximize DoD grant funding. Our next SBIR Accelerator kicks off with the 20.3 MORE
We just held our fifth session of our new national security class Technology, Innovation and Modern War. MORE
” Two of the entrepreneurial programs, which I managed is called the Small Business Innovation Research (SBIR), and the Small Business Technology Transfer (STTR) programs. Essentially the SBIR and STTR programs took ~2% of that $140 billion research and development budget and invested it in small businesses who want to commercialize this government investment in research and development. The U.S. MORE
SBIR and STTR programs, the Torch Program’s funding for new ventures was limited to seed funding the front end. I just spent a few weeks in Japan and China on a book tour for the Japanese and Chinese versions of the Startup Owners Manual. In these series of 5 posts, I thought I’d share what I learned in China. All the usual caveats apply. I was only in China for a week so this a cursory view. MORE
A good place to start looking is the Small Business Innovation Research (SBIR) program, which is a lifeline for high-tech startups. In the US, many entrepreneurs see grants as “free money,” since they are not loans and don’t have to be repaid. A grant is not an equity investment, so the entrepreneur doesn’t have to give up a stake in the company either. Typically they can be used to fund product development and commercialization that would otherwise require outside investors. MORE
Setting up for the AFWERX Virtual Pitch Day that we hosted instead of the in-person event that was planned. I want to reach out to see who has been affected by the Coronavirus / COVID-19 and let everyone know how the Capital Factory community is rising to the challenge. MORE
they can visit the directory of government grant alternatives, which is searchable and features more than a thousand federal programs, or more locally the Small Business Innovation Research (SBIR), with opportunities for high technology startups. Every investor in your startup, even friends and family, normally expects a share of your company (equity), which means your return for all your effort goes down quickly. MORE
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. What if we could increase productivity and stave the capital flight by helping Life Sciences startups build their companies more efficiently? MORE
With that SBIR-Phase 1 funding the teams were trying to establish the technical merit, feasibility, and commercial potential of their technology. And of course none of this would be possible without the tremendous and enthusiastic support and encouragement of Michael Weingarten the director of the NIH/NCI SBIR program and his team. If you’ve received this post in an email the embedded videos and powerpoint are best viewed on www.steveblank.com. MORE
So how does a startup go about getting one of the SBIR grants? That’s the subject of a meeting […] The post A Spectrum Event on How to Win an SBIR Grant appeared first on SiliconHills. Austin SBIR Spectrum Texas State Small Business Development Center The U.S. government invests more than $2 billion every year in promising new startups with creative innovations. MORE
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. While the SBIR does not provide direct funding in Phase III, funding can often be acquired through referred Federal agencies, like the Department of Defense, who may intend to use the innovation once the development is complete. grants nsf sbir seed stage MORE
All the services have incubators, Accelerator’s, and SBIR programs. We just had our first week of our new national security class Technology, Innovation and Modern War. MORE
The Small Business Innovation Research (SBIR) program, for example, is one of the most lucrative sources of federal grants for high-tech startups or high-growth firms (more on SBIR below). SBIR grants for R&D businesses. As mentioned above, if your small business is engaged in research and development (R&D), you may be eligible for a Small Business Innovation Research (SBIR) grant. SBIR is a federal program, overseen by the U.S. MORE
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. It’s open to NIH SBIR/STTR Phase 1 grantees. Program Director/Principal Investigator (PD/PI): The assigned PD/PI on the SBIR/STTR Phase I award. MORE
NASA has awarded a Small Business Innovation Research (SBIR) Phase I contract worth $125,000 to [.] Will astronauts be eating 3-D printed pizza on Mars? That might not be as far fetched as it sounds. NASA has contacted with Systems & Materials Research Corp. to explore using a 3D printer to create diner on space missions. The post Austin Company to Create 3-D Pizzas for Astronauts appeared first on SiliconHills. Austin MORE
According to Upcounsel , typical non-dilutive grants include research grants, translational grants, and SBIR/STTR program contracts. Non-dilutive grants are a great way to fund your research, provided you’re working on a project that directly benefits the government according to current needs. Many companies pursue non-dilutive government grants because they don’t require giving away ownership in the company. . MORE
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. MORE
SBIR Phase I companies together with relevant Air Force and venture capital stakeholders. What does SBIR Phase I mean, exactly? The highly competitive Small Business Innovation Research (SBIR) program was created by Congress back in 1982 to fund and encourage domestic small businesses to engage in Federal Research/Research and Development (R/R&D). Thank you @AFWERX for the opportunity to pitch our @AF_SBIR_STTR Phase I Select at today's #SparkCollider event! MORE
The same year we started the class, it was adopted by the National Science Foundation to train Principal Investigators who wanted to get a federal grant for commercializing their science (an SBIR grant.) We just finished our 4th annual Hacking for Defense class at Stanford. At the end of each class we have each team give a Lessons Learned presentation. MORE
Despite the fact that the grant community looks impossibly messy for a startup to navigate, a good starting place is Grants.gov , where you can find a fairly comprehensive directory of federal grants (especially SBIR-related solicitations), searchable by keyword/agency/funding-type/date. A few weeks ago, Fred Wilson discussed the role of government grants in helping launch tech companies. MORE
SBIR and STTR programs, the Torch Program’s funding for new ventures was limited to seed funding the front end. I just spent a few weeks in Japan and China on a book tour for the Japanese and Chinese versions of the Startup Owners Manual. In these series of 5 posts, I thought I’d share what I learned in China. All the usual caveats apply. I was only in China for a week so this a cursory view. MORE
The Small Business Innovation Research (SBIR) program, for example, is one of the most lucrative sources of federal grants for high-tech startups or high-growth firms (more on SBIR below). SBIR grants for R&D businesses. As mentioned above, if your small business is engaged in research and development (R&D), you may be eligible for a Small Business Innovation Research (SBIR) grant. SBIR is a federal program, overseen by the U.S. MORE
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. However, for startups who have gotten an Innofund grant, it does provide the same positive cachet as an SBIR and STTR grant – the government has reviewed your technology and thought it was worthy. MORE
Expand the Existing SBIR Programs. – Rapidly execute new SBIR awards. – Congress could provide a supplemental appropriation, allocated proportionally among agencies that already participate in the SBIR program. MORE
AFWERX has a program called SBIR , which is a way that startups can work with the US Air Force with little or no hassles. Last week, I was in New York and decided to stop by the Air Force Pitch Day. What a great experience. It’s so nice to see when government organizations figure out how to effective engage with startups, and then scale it! At Air Force Pitch Day, the US Air Force awarded 51 contracts, each in 15 minutes or less, valued at a total of $8.75M. MORE
Thanks to organizations like DIU we’ve gotten much better at tech scouting; finding promising technologies that might have a military application, getting them on that initial contract – on a SBIR contract or an OTA prototyping contract. MORE
Several sources (including Startup by Elizabeth Edwards ) estimate that $2-3 billion per year is awarded to very early stage companies by federal government grants (mostly SBIRs). At $100,000 or so per grant, perhaps 2-3000 pre-seed and seed/startup companies receive SBIRs and other government grants per year. For years there has been a pervasive opinion across the entrepreneurial landscape that the US has a shortage of capital required to startup and grow new ventures. MORE
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. MORE
“The SBIR grant will enable TeVido to […] The post TeVido BioDevices Lands SBIR Grant appeared first on SiliconHills. TeVido BioDevices, a company that prints nipples for breast reconstruction surgery using human cells and 3-D printers, has received a Small Business Innovation Research Phase II grant from the National Science Foundation. The grant will go to fund more pre-clinical development of the company’s novel breast reconstruction program. MORE
Apart from SBIR/STIR grants (which often literally are used to start companies based on university research), my general view is that startups should NOT overly rely on the government for anything. I am always very cautious when it comes to government grants and government supported competitions. MORE
By LAURA LOREK Founder Silicon Hills News A few weeks ago, the Small Business Innovation Research program announced its Fall National SBIR/STTR Conference on Nov. The conferences are generally sold out but registration numbers were really low for this one, said Robert Allen Baker, SBIR Policy and program analyst. “We We always do […] The post Texas Startups Need to Apply for SBIR Grants appeared first on SiliconHills. MORE
It was adopted by the National Science Foundation in 2012 to train Principal Investigators who wanted to get a federal grant for commercializing their science (an SBIR grant.) We just finished our 3rd annual Hacking for Defense class at Stanford. Six teams presented their Lessons Learned presentations. Watching them I was left with wonder and awe about what they accomplished in 10 weeks. MORE
Other traditional options for non-dilutive financing include grants, loans, SBIR, STTR, vouchers, tax credits, etc: Wonder’s Overview of Non-Dilutive Funding. Beyond the SBIR: Non-Dilutive Funding for Your Startup. National Economic Impacts from the DOD SBIR/STTR Program. Congratulations! You’ve decided to launch a technology-enabled startup with a positive social impact! MORE
A good place to start is the Small Business Innovation Research (SBIR) program, which is a lifeline for high-tech startups. Now that President Barack Obama’s economic stimulus package has been out for a while, including $50 billion aimed at alternative-energy initiatives, applying for grants has become the rage for high-tech startups. I applaud the initiative, and encourage startups in this direction, but there are costs. MORE
SBIR Related Topics SiliconHills
OCTOBER 6, 2014
By LAURA LOREK Founder Silicon Hills News A few weeks ago, the Small Business Innovation Research program announced its Fall National SBIR/STTR Conference on Nov. The conferences are generally sold out but registration numbers were really low for this one, said Robert Allen Baker, SBIR Policy and program analyst. “We We always do […] The post Texas Startups Need to Apply for SBIR Grants appeared first on SiliconHills.
SiliconHills
NOVEMBER 17, 2014
But last week, the federal government held its Fall SBIR/STTR Conference at the AT&T Executive Conference Center in Austin to make the grants more accessible to bootstrapped entrepreneurs. Several […] The post SBIR Grants Made Less Mysterious appeared first on SiliconHills. By LAURA LOREK Reporter with Silicon Hills News Getting a research grant from the federal government can seem like a big mysterious process to startup entrepreneurs.
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SiliconHills
JANUARY 12, 2015
So how does a startup go about getting one of the SBIR grants? That’s the subject of a meeting […] The post A Spectrum Event on How to Win an SBIR Grant appeared first on SiliconHills. Austin SBIR Spectrum Texas State Small Business Development Center The U.S. government invests more than $2 billion every year in promising new startups with creative innovations.
SiliconHills
OCTOBER 22, 2014
“The SBIR grant will enable TeVido to […] The post TeVido BioDevices Lands SBIR Grant appeared first on SiliconHills. TeVido BioDevices, a company that prints nipples for breast reconstruction surgery using human cells and 3-D printers, has received a Small Business Innovation Research Phase II grant from the National Science Foundation. The grant will go to fund more pre-clinical development of the company’s novel breast reconstruction program.
Startup Professionals Musings
SEPTEMBER 7, 2018
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. While the SBIR does not provide direct funding in Phase III, funding can often be acquired through referred Federal agencies, like the Department of Defense, who may intend to use the innovation once the development is complete. grants nsf sbir seed stage
The Startup Magazine
MARCH 23, 2018
For instance, ClearFlame Engines — which is developing drop-in engine technology to allow diesel generators and heavy-duty vehicles to run on biofuel without a loss of power — won a $225,000 Small Business Innovation Research (SBIR) grant from the National Science Foundation (NSF). Atlas Energy Systems has joint proposals with a number of companies on multiple SBIRs to develop a prototype of its radioisotope nuclear battery.
Steve Blank
MAY 12, 2015
SBIR/STTR Program and Startup Seed Funding. The Small Business Innovative Research ( SBIR ) and Small Business Technology Transfer ( STTR ) programs are startup seed funds created by Congress to encourage U.S. agencies participate in the SBIR/STTR program, with DOD, HHS (NIH), NSF, DOE, and NASA offering the majority of funding opportunities. The SBIR/STTR program made ~6,200 seed stage investments in 2014, dwarfing the seed investments made by venture capital.
Up and Running
MARCH 7, 2014
The Small Business Innovation Research (SBIR) program, for example, is one of the most lucrative sources of federal grants for high-tech startups or high-growth firms (more on SBIR below). SBIR grants for R&D businesses. As mentioned above, if your small business is engaged in research and development (R&D), you may be eligible for a Small Business Innovation Research (SBIR) grant. SBIR is a federal program, overseen by the U.S.
Steve Blank
JUNE 19, 2014
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. It’s open to NIH SBIR/STTR Phase 1 grantees. Program Director/Principal Investigator (PD/PI): The assigned PD/PI on the SBIR/STTR Phase I award.
Up and Running
MARCH 7, 2014
The Small Business Innovation Research (SBIR) program, for example, is one of the most lucrative sources of federal grants for high-tech startups or high-growth firms (more on SBIR below). SBIR grants for R&D businesses. As mentioned above, if your small business is engaged in research and development (R&D), you may be eligible for a Small Business Innovation Research (SBIR) grant. SBIR is a federal program, overseen by the U.S.
Austin Startup
AUGUST 30, 2019
SBIR Phase I companies together with relevant Air Force and venture capital stakeholders. What does SBIR Phase I mean, exactly? The highly competitive Small Business Innovation Research (SBIR) program was created by Congress back in 1982 to fund and encourage domestic small businesses to engage in Federal Research/Research and Development (R/R&D). Thank you @AFWERX for the opportunity to pitch our @AF_SBIR_STTR Phase I Select at today's #SparkCollider event!
VC Adventure
APRIL 19, 2020
Expand the Existing SBIR Programs. – Rapidly execute new SBIR awards. – Congress could provide a supplemental appropriation, allocated proportionally among agencies that already participate in the SBIR program.
Steve Blank
OCTOBER 15, 2020
We just held our fifth session of our new national security class Technology, Innovation and Modern War.
Up and Running
JUNE 21, 2021
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.
SiliconHills
MAY 24, 2013
NASA has awarded a Small Business Innovation Research (SBIR) Phase I contract worth $125,000 to [.] Will astronauts be eating 3-D printed pizza on Mars? That might not be as far fetched as it sounds. NASA has contacted with Systems & Materials Research Corp. to explore using a 3D printer to create diner on space missions. The post Austin Company to Create 3-D Pizzas for Astronauts appeared first on SiliconHills. Austin
Steve Blank
SEPTEMBER 24, 2020
All the services have incubators, Accelerator’s, and SBIR programs. We just had our first week of our new national security class Technology, Innovation and Modern War.
Steve Blank
JUNE 8, 2021
The same year we started the class, it was adopted by the National Science Foundation to train Principal Investigators who wanted to get a federal grant for commercializing their science (an SBIR grant.) We just finished our 6th annual Hacking for Defense class at Stanford. What a year.
Austin Startup
MAY 7, 2020
We’ve launched SBIR Accelerator, a deliberate vehicle to connect startups, defense industry, and investors to a funded innovation project and maximize DoD grant funding. Our next SBIR Accelerator kicks off with the 20.3
Steve Blank
APRIL 11, 2013
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. However, for startups who have gotten an Innofund grant, it does provide the same positive cachet as an SBIR and STTR grant – the government has reviewed your technology and thought it was worthy.
Steve Blank
AUGUST 21, 2013
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. What if we could increase productivity and stave the capital flight by helping Life Sciences startups build their companies more efficiently?
ithacaVC
SEPTEMBER 25, 2018
Apart from SBIR/STIR grants (which often literally are used to start companies based on university research), my general view is that startups should NOT overly rely on the government for anything. I am always very cautious when it comes to government grants and government supported competitions.
Steve Blank
APRIL 11, 2013
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. However, for startups who have gotten an Innofund grant, it does provide the same positive cachet as an SBIR and STTR grant – the government has reviewed your technology and thought it was worthy.
David Cohen
MARCH 13, 2019
AFWERX has a program called SBIR , which is a way that startups can work with the US Air Force with little or no hassles. Last week, I was in New York and decided to stop by the Air Force Pitch Day. What a great experience. It’s so nice to see when government organizations figure out how to effective engage with startups, and then scale it! At Air Force Pitch Day, the US Air Force awarded 51 contracts, each in 15 minutes or less, valued at a total of $8.75M.
Steve Blank
JUNE 7, 2019
The same year we started the class, it was adopted by the National Science Foundation to train Principal Investigators who wanted to get a federal grant for commercializing their science (an SBIR grant.) We just finished our 4th annual Hacking for Defense class at Stanford. At the end of each class we have each team give a Lessons Learned presentation.
Steve Blank
SEPTEMBER 24, 2020
All the services have incubators, Accelerator’s, and SBIR programs. We just had our first week of our new national security class Technology, Innovation and Modern War.
Startup Professionals Musings
JUNE 12, 2015
they can visit the directory of government grant alternatives, which is searchable and features more than a thousand federal programs, or more locally the Small Business Innovation Research (SBIR), with opportunities for high technology startups. Every investor in your startup, even friends and family, normally expects a share of your company (equity), which means your return for all your effort goes down quickly.
YoungUpstarts
AUGUST 3, 2019
According to Upcounsel , typical non-dilutive grants include research grants, translational grants, and SBIR/STTR program contracts. Non-dilutive grants are a great way to fund your research, provided you’re working on a project that directly benefits the government according to current needs. Many companies pursue non-dilutive government grants because they don’t require giving away ownership in the company. .
Steve Blank
NOVEMBER 5, 2020
Thanks to organizations like DIU we’ve gotten much better at tech scouting; finding promising technologies that might have a military application, getting them on that initial contract – on a SBIR contract or an OTA prototyping contract.
Steve Blank
APRIL 12, 2013
SBIR and STTR programs, the Torch Program’s funding for new ventures was limited to seed funding the front end. I just spent a few weeks in Japan and China on a book tour for the Japanese and Chinese versions of the Startup Owners Manual. In these series of 5 posts, I thought I’d share what I learned in China. All the usual caveats apply. I was only in China for a week so this a cursory view.
Steve Blank
DECEMBER 17, 2014
With that SBIR-Phase 1 funding the teams were trying to establish the technical merit, feasibility, and commercial potential of their technology. And of course none of this would be possible without the tremendous and enthusiastic support and encouragement of Michael Weingarten the director of the NIH/NCI SBIR program and his team. If you’ve received this post in an email the embedded videos and powerpoint are best viewed on www.steveblank.com.
Steve Blank
JUNE 12, 2020
The same year we started the class, it was adopted by the National Science Foundation to train Principal Investigators who wanted to get a federal grant for commercializing their science (an SBIR grant.) We just finished our 5th annual Hacking for Defense class at Stanford. What a year.
David Teten
AUGUST 8, 2011
Despite the fact that the grant community looks impossibly messy for a startup to navigate, a good starting place is Grants.gov , where you can find a fairly comprehensive directory of federal grants (especially SBIR-related solicitations), searchable by keyword/agency/funding-type/date. A few weeks ago, Fred Wilson discussed the role of government grants in helping launch tech companies.
Startup Professionals Musings
MAY 19, 2014
A good place to start looking is the Small Business Innovation Research (SBIR) program, which is a lifeline for high-tech startups. In the US, many entrepreneurs see grants as “free money,” since they are not loans and don’t have to be repaid. A grant is not an equity investment, so the entrepreneur doesn’t have to give up a stake in the company either. Typically they can be used to fund product development and commercialization that would otherwise require outside investors.
Startup Professionals Musings
JANUARY 2, 2011
A good place to start is the Small Business Innovation Research (SBIR) program, which is a lifeline for high-tech startups. Now that President Barack Obama’s economic stimulus package has been out for a while, including $50 billion aimed at alternative-energy initiatives, applying for grants has become the rage for high-tech startups. I applaud the initiative, and encourage startups in this direction, but there are costs.
Austin Startup
DECEMBER 20, 2020
Alex has helped bring more than $160 million in funding to Texas startups through SBIR, STTR and other government funding programs for companies like Essentium, ICON 3D, and LIFT Aircraft.
Steve Blank
JUNE 8, 2018
It was adopted by the National Science Foundation in 2012 to train Principal Investigators who wanted to get a federal grant for commercializing their science (an SBIR grant.) We just finished our 3rd annual Hacking for Defense class at Stanford. Six teams presented their Lessons Learned presentations. Watching them I was left with wonder and awe about what they accomplished in 10 weeks.
Startup Professionals Musings
FEBRUARY 13, 2013
A good place to start looking is the Small Business Innovation Research (SBIR) program, which is a lifeline for high-tech startups. In the US, many entrepreneurs see grants as “free money,” since they are not loans and don’t have to be repaid. A grant is not an equity investment, so the entrepreneur doesn’t have to give up a stake in the company either. Typically they can be used to fund product development and commercialization that would otherwise require outside investors.
Steve Blank
MARCH 29, 2016
” Two of the entrepreneurial programs, which I managed is called the Small Business Innovation Research (SBIR), and the Small Business Technology Transfer (STTR) programs. Essentially the SBIR and STTR programs took ~2% of that $140 billion research and development budget and invested it in small businesses who want to commercialize this government investment in research and development. The U.S.
Steve Blank
APRIL 12, 2013
SBIR and STTR programs, the Torch Program’s funding for new ventures was limited to seed funding the front end. I just spent a few weeks in Japan and China on a book tour for the Japanese and Chinese versions of the Startup Owners Manual. In these series of 5 posts, I thought I’d share what I learned in China. All the usual caveats apply. I was only in China for a week so this a cursory view.
Up and Running
APRIL 24, 2018
Still, you can’t ignore the possibility of securing non-dilutive capital from sources such as SBIR ( Small Business Innovative Research ) or business development grants from state and local governments. SBIR often offers grants to projects that are deemed risky by the VCs or equity investors. The global healthcare industry is in flux like never before.
David Teten
DECEMBER 2, 2019
Other traditional options for non-dilutive financing include grants, loans, SBIR, STTR, vouchers, tax credits, etc: Wonder’s Overview of Non-Dilutive Funding. Beyond the SBIR: Non-Dilutive Funding for Your Startup. National Economic Impacts from the DOD SBIR/STTR Program. Congratulations! You’ve decided to launch a technology-enabled startup with a positive social impact!
Austin Startup
MARCH 22, 2020
Setting up for the AFWERX Virtual Pitch Day that we hosted instead of the in-person event that was planned. I want to reach out to see who has been affected by the Coronavirus / COVID-19 and let everyone know how the Capital Factory community is rising to the challenge.
Gust
DECEMBER 1, 2011
Several sources (including Startup by Elizabeth Edwards ) estimate that $2-3 billion per year is awarded to very early stage companies by federal government grants (mostly SBIRs). At $100,000 or so per grant, perhaps 2-3000 pre-seed and seed/startup companies receive SBIRs and other government grants per year. For years there has been a pervasive opinion across the entrepreneurial landscape that the US has a shortage of capital required to startup and grow new ventures.
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