Monday, April 8, 2019

SBA Road Tour to Engage Small Businesses Working On Innovative Research

The SBA (Small Business Administration) announced last week that it will launch a 16 city road tour connecting entrepreneurs working on advanced technology to the country's largest source of early state funding - the SBIR (Small Business Innovation Research) and STTR (Small Business Technology Transfer) programs. These programs, also known as Americ's "Seed Fund" is led by the SBA with eleven participating federal agencies.

These programs provide over $3 billion in early state funding to small business each year in a wide variety of technology areas such as unmanned systems, advanced materials, health, cybersecurity and defense. The SBIR/STTR programs execute over 4,000 new awards annually which allow innovators to advance new technologies. The SBA claims that these new technologies have contributed to the creation of thousands of jobs.

To read about how the Air Force is expediting SBIR awards, see 'The Inaugural Air Force Pitch Day was Considered a Success'.

The 2019 Road Tour begins in May and ends in November. Stops include Oklahoma City (OK), Kansas City (KS), Des Moines (IA), Sioux Falls (SD), Fargo(ND), Tucson (AZ), El Paso (TX), Albuquerque (NM), Boulder (CO), Burlington (VT), Albany (NY), New Brunswick (NJ), State College (PA), College Park (MD), Miami (FL), and Puerto Rico.

These events are great opportunities for small businesses performing innovative research to learn about the programs and determine whether such opportunities might be a good fit for them. Read more about SBA's Road Tour including instructions for registering here.

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