Grants are sums of money given to help further the goals of small businesses or individuals. They can be awarded by government entities or private businesses. Unlike a loan, grants do not need to be repaid.
The NSF SBIR/STTR programs support moving scientific excellence and technological innovation from the lab to the market. By investing federal research and development funds into startups and small businesses, NSF hopes to build a strong national economy and stimulate the creation of novel products, services, and solutions in the private sector; strengthen the role of small business in meeting federal research and development needs; increase the commercial application of federally supported research results; and develop and increase the US workforce, especially by fostering and encouraging participation by socially and economically disadvantaged and women-owned small businesses.
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Creating or growing your own venture can be a scary task — a task that often requires funding. It’s common when looking for funding to turn to banks and investors, but what if there was another option?
An option that has no cost.Learn More