A unique new program, SBIR Labs, focused on streamlining Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programming in Wisconsin has received a competitive federal grant.
The Center for Technology Commercialization (CTC) is one of 49 organizations around the country to be awarded up to $1 million over 5 years by the U.S. Small Business Administration for specialized training, mentoring, and technical assistance under the Federal and State Technology (FAST) Partnership Program.
FAST seeks to improve outcomes in the SBIR/STTR Programs for underserved communities by increasing participation from women-owned, rural-based, and socially or economically disadvantaged small businesses. SBIR/STTR funds are non-dilutive, allowing awardees to keep all equity and ownership.
Read the full article here: https://wisconsinctc.org/news/sba-awards-grant-to-impact-underserved-innovators/