Eleven small businesses tap into $1,000,000 in state matching grants to bolster Wisconsin innovation

SBIR Advance’s latest round of funding is allowing 11 innovative small businesses to further their commercialization through SBIR match grants up to $75,000 for Phase I and $100,000 for Phase II.

The state matching grant program provides assistance to companies in the process of completing a project in the federal Small Business Innovation Research (SBIR) or Small Business Technology Transfer (STTR) programs. This is the 17th round of SBIR Advance funding since this collaboration by the Wisconsin Economic Development Corporation (WEDC) and the Center for Technology Commercialization (CTC) began in 2014.

[Five of the eleven recipients are UW-Madison and/or Morgridge Institute of Research spinouts: AIQ Solutions, Calimetrix, OnLume, Pyran and Voximetry.]

See full story at https://wisconsinctc.org/news/eleven-small-businesses-tap-into-1000000-in-state-matching-grants-to-bolster-wisconsin-innovation/