Technological Innovation Government Programs

For small businesses looking to conduct research and development, while needing funds to realize their small business technology, check out The Small Business Innovation Research (SBIR) program. The SBIR “is a highly competitive program that encourages domestic small businesses to engage in Federal Research/Research and Development (R/R&D) that has the potential for commercialization.” Progressing in three phases (I to III) with funding of up to US$150,000 in phase I (6 months) and up to US$1,000,000 (2 years) in phase II, the “SBIR funds the critical startup and development stages and it encourages the commercialization of the technology, product, or service, which, in turn, stimulates the U.S. economy.” The program started in 1982 (President Regan) and encompasses several US federal agencies.

Another US federal government program focusing on small business technology companies is The Small Business Technology Transfer (STTR) . The STTR “expands funding opportunities in the federal innovation research and development (R&D) arena.” Like the SBIR, the STTR is a three phase program offering the same monetary support as the SBIR to small businesses who partner/collaborate with research institutions/laboratories. The goal of the STTR is to “[i]ncrease private sector commercialization of innovations derived from federal R&D.”

  • Funding opportunities are listed online, and include current solicitations as well as future opportunities.

If your small business technology enterprise resides in New York (the Empire State), then check out the Empire State Development’s Division of Science, Technology and Innovation (NYSTAR) site. NYSTAR lists a number of programs offered in the State of New for New York companies on the left hand side of their site (click thru the links listed for more info). If your high technology small business is located in Connecticut, take a look at the venture capital program called Connecticut Innovations.

Daniel H. Erskine, an international attorney, practices in New York and Connecticut focusing on international law, civil litigation, appeals, and business transactions. www.erskine-law.com Attorney Advertising; USE OR VIEWING OF THIS BLOG OR ANY OF THE WEB PAGES LINKED TO IT DOES NOT ESTABLISH OR OTHERWISE CONSTITUTE AN ATTORNEY-CLIENT RELATIONSHIP.

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BusinessUSA Exporting Wizards

If your small business is looking to enter the export market or your small business seeks to expand its export capabilities, then try out BusinessUSA’s, a government-run website with resources for small business, Export Wizards to gain information on a wide range of offerings and support provided by the U.S. government. There are two wizards, the first entitled Beginning Exporting addresses a small business just entering the export market, while the second wizard, entitled Expanding Exporting, contains information for a small business accustomed to the export trade. Both interactive wizards ask questions in a guided format, which produces a results page with links to further information to assist your small business in entering or expanding your business’ export trade. www.erskine-law.com

Daniel H. Erskine, Esq., an international attorney, practices in New York and Connecticut focusing on international law, civil litigation, appeals, and small business transactions. www.erskine-law.com Attorney Advertising; USE OR VIEWING OF THIS BLOG OR ANY OF THE WEB PAGES LINKED TO IT DOES NOT ESTABLISH OR OTHERWISE CONSTITUTE AN ATTORNEY-CLIENT RELATIONSHIP.
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