Commerce RI SBIR/STTR Release

SBIR/STTR Funding Opportunities Announced The Rhode Island Science & Technology Advisory Council (STAC) has funding available through the Innovate Rhode Island Small Business Fund to assist eligible RI small businesses within the life sciences and engineering sectors.

SBIR Phase I Matching Grants Funding Available The federal Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Programs represent the largest source of early-stage, high-risk technology financing in the United States. Eleven federal agencies participate in this program which provides funding for early stage research and development projects leading to commercialization of resulting products or services. The programs are designed to benefit entrepreneurs and small businesses – while increasing the competitiveness of the U.S. economy – by funding the development of innovative products and services.

The Innovate Rhode Island Small Business Fund provides matching grants of up to $45,000 to assist recipients of SBIR/STTR Phase I awards to pursue the more substantial Phase II awards.

Applications due January 5, 2017

http://directory.stac.ri.gov/opportunities/480