EARLY-REVENUE STAGE
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.
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 to directly support commercialization efforts. Any given company, including subsidiaries, has a lifetime maximum of $150K in total Indiana match.
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
SBIR/STTR Application Assistance
Experienced SBIR/STTR Advisors to help you navigate the application complexities, provide valuable feedback on proposals, and assist with Elevate-issued support letters.
Overall education about the SBIR/STTR program
SBIR/STTR insights
Hands-on guidance from experienced Advisors
Strong letters of support to drive application success
Featured SBIR/STTR Recipients
