Is the SBIR/STTR Road Tour Program Right for you?
SBIR and STTR are considered by many to be the best source of early-stage risk capital to develop a promising new technology and the closest thing to the entrepreneur’s holy grail of free money. Over a period of roughly 4 years, in two competitive phases, small science and technology-based research and development (R&D) businesses can receive up to $1,725,000, and under special circumstances more. There are no loans to be repaid, no equity is given away and the small business maintains control of the intellectual property. However, the research must be in an area that is important to the participating federal government R&D agencies or solves one of their science and technology problems.
If you would like to learn more about SBIR/STTR, watch the videos below.
starting Your Business
If you are planning on starting a small business, NJSBDC, with the help of the Small Business Administration (SBA), is here to make your small business dreams a reality. Become a client and see how.
Expanding Your Business
If you are an existing business with annual revenue of up to $1 million or have more than $1 million in revenue and/or 10 or more employees, NJSBDC can help you expand your market share as a company and grow your vision into a successful company. Become a client and see how.