While not exclusive so you can seasoned smaller businesses, the little Team When you look at the will bring grant money so you’re able to small enterprises that do technological innovations. SBIR provides try categorized towards the two types: Stage I and you will Phase II. Phase We gives try issued so you’re able to firms that you prefer financial support in order to find out their businesses industrial viability. These has increase so you’re able to $150,000 and tend to be non-dilutive.
For many who acquired a period I grant and you can successfully turned out one the offer is actually doable, you’ll end up entitled to receive a phase II grant. Stage II offers are derived from your own Stage We work abilities, and you can possibly found to $1 million more than 24 months. Continue reading