EARLY-REVENUE STAGE

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

Explore your technological potential

PHASE IPHASE II

About SBIR/STTR Programs

SBIR/STTR programs are the largest source of early-stage technology financing in the United States. SBIR/STTR programs are highly competitive and encourage small businesses to explore their technological potential. Funding is available from 11 participating agencies throughout the United States and focus on various technological areas.

SBIR/STTR Phase I Matching Grants

Key information & criteria

INVESTMENT LEVEL:

Up to $50K

per award, max 3 awards per company

In Indiana, Elevate Ventures matches $.50 toward every federal dollar awarded, up to $50K in Indiana match per Phase I federal award. Any given company, including subsidiaries, has a lifetime maximum of $150K in total Indiana match.

QUALIFICATIONS:

  • Headquartered in Indiana

  • SBIR/STTR Phase I awards at the federal level

LEARN MORE

BENEFITS:

  • Additional capital; standard grant agreement
  • An evaluation of your business opportunity by a third party federal agency
  • Direct line of sight into the SBIR/STTR process
  • Feedback from past award recipients
  • Preparation for getting in front of investors
SBIR/STTR Phase II Matching Funds

Key information & criteria

INVESTMENT LEVEL:

Up to $75K

per investment, max 2 awards per company

In Indiana, Elevate Ventures matches $.50 toward every federal dollar awarded, up to $75K in Indiana match per Phase II federal award. Any given company, including subsidiaries, has a lifetime maximum of $150K in total Indiana match.

QUALIFICATIONS:

  • Headquartered in Indiana

  • SBIR/STTR Phase II awards at the federal level

LEARN MORE

BENEFITS:

  • Additional capital; standard convertible note agreement
  • An evaluation of your business opportunity by a third party federal agency
  • Direct line of sight into the SBIR/STTR process
  • Feedback from past award recipients
  • Preparation for getting in front of investors
  • Competitive edge for Phase II applications

Apply for SBIR/STTR Phase I or Phase II Funding

APPLY NOW