1) SBIR/STTR Micro-grant
SBIR Assistance micro-grants are aimed at technology and research-based Wisconsin businesses who intend to apply for SBIR/STTR federal funds. The grants cover reimbursement of costs up to $4500, incurred by a business in hiring an independent, approved third-party to assist in the development of federal Phase 1 SBIR/STTR research and development proposal.
- Wisconsin business pursuing assistance with preparing a Phase I or Phase II technical portion of an SBIR/STTR proposal with any of the participating agencies.
2) Commercialization Micro-grant
The Business or Commercialization Planning assistance micro-grant can fund up to $4500 spent on hiring an approved, independent, third party to assist in preparing a comprehensive business or commercialization plan for a Wisconsin business. Typically awardees are pursuing a Phase II SBIR/STTR grant in which a detailed commercialization plan is required. The program is limited to businesses in certain industries.
- Wisconsin business seeking to develop an SBIR/STTR Phase II Commercialization Plan.
Applying for a micro-grant and working with a grant consultant is the right track to be on at this point in your pursuit of an SBIR grant:
Contact a CTC consultant to determine if your project is eligible for a CTC micro-grant.
Select your Service Provider and obtain a quote from them for the scope of work they will complete.
Create a new user account in our grant management software and submit an application for a Micro-grant
Work with your CTC consultant and your approved Service Provider to complete your micro-grant deliverables.
Navigating Section 174: A Potential Solution for SBIR/STTR Funded Companies
Before diving in, let me clarify: I am not an accountant, nor am I providing tax advice.
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The Department of Defense (DoD) is mandated to have SBIR/STTR open topics for many of their component organizations now; largely based…
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How to start and stay on that track? Let CTC be your assistant any time with any opportunity. Let us send you calendar reminders to alert you of funding deadlines, program opportunities and more.