Does your startup or small business need research and development funding to commercialize your technology? Consider applying for the National Science Foundation's Small Business Innovation Research or Small Business Technology Transfer (SBIR/STTR) funding. It is easy to get started – just submit a three-page Project Pitch.
The total funding available is up to $1.75 million per company. In Phase I, companies receive up to $256,000 over 6 to 12 months to develop a proof-of-concept or prototype. If your technology needs more development and you've met the requirements, you can apply for Phase II funding up to $1 million over 2 years and the opportunity to apply for supplemental funding.
