Unlocking Alternative Funding Opportunities for Small Businesses

Discover the secrets to accessing special grants and funding options to help your small business thrive and grow. Learn how to navigate the application process with ease.

5/8/20241 min read

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Small Business Innovation Research (SBIR)/Small Business Technology Transfer (STTR)

America's Seed Fund powered by the Small Business Administration (SBA), invests $4 billion each year and provides technology-focused entrepreneurs, startups, and small businesses with funding to develop their ideas. It is federal innovation, scientific achievement, and diverse entrepreneurship through small business innovation and research. These programs award non-dilutive funding to develop your technology and chart a path toward commercialization. The federal government invests in your solution and gives you the freedom to run your business according to your vision. Powered by a network of federal agencies, entrepreneur support organizations, and the Small Business Administration, America's Seed Fund advances federal missions and fosters a culture of innovation in the United States. Eleven (11) federal agencies fund innovations through the SBIR/STTR.

Budgets for the 11 participating federal agencies.

United States Department of Agriculture (USDA): $32 million

Department of Commerce (DOC): $15 million

Department of Defense (DoD): $1.9 billion

Department of Energy (DOE): $315 million

Department of Education: $10 million

Department of Health and Human Services (DHHS): $1.2 billion

Department of Homeland Security (DHS): $18 million

Department of Transportation (DOT): $9 million

Environmental Protection Agency (EPA): $5 million

National Aeronautics and Space Administration (NASA): $174 million

National Science Foundation (NSF): $215 million