Financial Programs:
Small Business Innovation Research (SBIR) Consulting Program
Competing for Government Contracts
Funding research and development initiatives often takes more capital than small businesses can afford on their own. The Small Business Innovation Research (SBIR) program of the federal government provides funding of up to $850,000 per project to small businesses in pursuing promising new product development from R&D through commercialization of products that meet the specific needs of the federal government.
SBIR is a three-phase, highly competitive awards program that funds the experimental, developmental and research stages of new technology products while encouraging small businesses to take steps toward commercialization of these products in order to create new revenue streams for their companies.
Catalyst Connection plays an active role in helping businesses obtain SBIR funding by facilitating proposal development and related marketing activities. Our expert advisors serve as program liaisons to help you:
- Find SBIR solicitations appropriate for your business
- Evaluate the potential of your ideas for success in the SBIR program, and match your idea to federal government requirements
- Build your knowledge and skills to help you effectively compete for SBIR and other government procurements
- Link you to financial and advisory support for your SBIR proposal efforts
- Link you to a network of opportunities to combine SBIR funding with other financial and economic development resources
- Manage winning SBIR development activities to ensure that all program requirements are met
- Prepare for new product commercialization, coaching you through business operations and development
- Bring a technologically advanced product to market with an understanding of the real need for your product and the competitive environment
- Connect with leaders in the banking, leasing, accounting, insurance, investment, legal and real estate sectors who can provide you with expert counsel
- Establish credibility with venture capitalists and angel investors by obtaining a high-profile SBIR award
- Strengthen your technology base and expand your company by increasing your potential for future business growth, research and development
Results and References
In fiscal year 2003-2004, Catalyst Connection helped over 100 companies to navigate the SBIR program. Client companies obtained more than $1,000,000 in SBIR funding for projects, including robotics, gas separation hardware and advanced materials. Among our notable SBIR clients, we number: Automatika, Cepstral, Neuro Kinetics and Separation Design Group.
CONTACT:
Connie Paluka, Senior Market Development Consultant, 412.918.4259