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.

Check out Global NY & OpentoExport if you are a New York or UK business

If you are a New York state small business thinking about exporting to foreign countries or already selling your products abroad, then take a look at Global NY. The new program offers assistance to New York state small businesses who export as well as foreign businesses looking to invest in New York. Peruse the services and programs offered by Global NY, which include loans, grants, export marketing assistance program, state trade expansion program, and applications for each.

If your a UK based SME, then consider looking at Open to Export’s country guides as well as seeking out assistance from UK Export Finance. The UK Department for International Trade and the Enterprise Europe Network , which also has a New York Branch (The European-American Business Organization, Inc.) for New York small businesses who seek to trade with Europe.

Daniel H. Erskine, 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.

Superstorm Sandy & Small Business Administration

The U. S. Small Business Administration (SBA) offers low-interest federal disaster loans to New York residents and businesses impacted by Hurricane Sandy. Check out the SBA’s website.
According to the SBA there are three ways to apply.
1. Apply in person at any Disaster Recovery Center or Business Recovery Center. SBA disaster representatives are at these centers to meet individually with New York residents and business owners, explain how an SBA low-interest disaster loan can help pay for their disaster losses, answer questions, and help each individual complete their application.
2. Apply online using SBA’s secure Web site at https://disasterloan.sba.gov/ela (available at most centers)
3. Apply by mailing your application to SBA at 14925 Kingsport Rd., Ft. Worth, TX 76155-2243

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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.

Unsure of What Type of New York Business Entity to Use?

If you are opening a new business in New York, then take a look at the New York Department of State’s brochure entitled Forming a Business in
New York: An Overview
. The brochure provides a concise table comparing and contrasting the various business entities available in New York as well as identifying the typical tax basis for each type of entity.

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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.

New York City Small Business Activities

Looking for information on New York City Small Business Services try http://www.nyc.gov/html/sbs/html/home/home.shtml

The site is a wealth of basic information of issues and items relevant to small business in New York City.

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.

Wondering if New York Likes Small Business?

New York State operates two websites a small business owner should take a look at because of the wealth of information and links to helpful sites about operating and growing a small business in New York.

The links are http://www.nylovesbiz.com/default.asp (the main site with information relating to New York businesses in general) and http://www.nylovessmallbusiness.com/home.asp (specific site related to New York small business issues).

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.