SBIR Advance

SBIR Advance Match for Phase 1 Funding

Matches 50% up to $75,000 of Phase 1 SBIR or STTR awards

Requirements
Grants are paid upon completion of milestones including: 

• Lean Startup training and customer development
  
• Completed draft commercialization plan
  
• Successful submission of Phase 2 SBIR/STTR proposal and any final deliverables by CTC

Eligibility

Companies that are eligible to apply for Phase 1 Match Grant include current or recent SBIR/STTR Phase 1 awardees that are Wisconsin based small businesses and are eligible for and intend to proceed to Phase 2, and:

• Are currently conducting a Phase 1 SBIR project, or
  
• Have completed a Phase 1 project within the past 12 months AND are still eligible to submit a Phase 2 proposal.
  
• Companies that have previously won more than three Phase 2 SBIR/STTR awards in the last 4 years should not apply for a Phase 1 Match Grant. These companies may apply for a Phase 2 Match if they are still eligible.
  
• Phase 1 applicants must identify a commercial team of at least 3 active participants including company senior leadership and agree to participate in all sessions of the Lean Startup Training Program outlined below which starts in February.

SBIR/STTR Phase 1 Match Milestones

Phase 1 award match: Matches 50% up to $75K of Phase 1 SBIR or STTR awards.  Grants paid upon completion of milestones including: 1) Lean Startup training and customer development; 2) Completed draft commercialization plan; and 3) Successsful submission of Phase 2 SBIR/STTR proposal and any final deliverables requried by CTC.

SBIR Advance Match for Phase 2 Funding 

Matches up to $100,000 per year for up to 2 years of Phase 2 of SBIR/STTR awards

Requirements

• Grants paid upon completion of milestones mostly described by the company and approved by the selection committee.
  
• CTC may include limited programming in support of Phase 2-3 discovery.
  
• Companies must apply each year for a $100K Phase 2 Match Grant. Eligible companies can apply for a second year Match Grant after they have completed the first year match milestones
  
• Companies with less than 1 year left on a Phase 2 award can apply for only one year ($100K) of Match Grant

Eligibility

Phase 2 awardees having received no more than three Phase 2 awards AND with a current award end date after 2/1/2020.

• Applicants who have both a current Phase 1 and Phase 2 award should apply for a Phase 2 match.
  
• Applicants who have a previous Phase 2 SBIR Advance Match grant award must complete the first Match grant milestones before applying for a second Phase 2 Match Grant. These applicants must include a description of the first SBIR Advance Match Grant milestones and accomplishments and a justification for a second year of Match Grant funding.
  
• Please contact Todd Strother to discuss eligibility to use SBIR Advance funds to match Phase 2B or other federal SBIR/STTR funding programs.
  
• Phase 2 Match applicants must agree to participate in up to three Investor Readiness Workshops presented by CTC as part of the SBIR Advance program.

SBIR/STTR Phase 2 Match Milestones

Phase 2 award match:  Matches up to $100K per year for up to 2 years of Phase 2 SBIR/STTR award.  Grants paid upon completion of milestones mostly described by the company and approved by the selection committee. CTC may include limited programming in support of Phase 2 – Phase 3 discovery.  Companies must apply each year for a $100K Phase 2 Match Grant.  Eligible companies can apply for a second year Match Grant after they have completed the first year match milestones.  Companies with less than 1 year left on a Phase 2 award can apply for only one year ($100K) of Match Grant.