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NSF Small Business Innovation Research / Small Business Technology Transfer Fast-Track Pilot Programs - Due 09/18/24

Opportunity Title:

NSF Small Business Innovation Research / Small Business Technology Transfer Fast-Track Pilot Programs

 

Funder/Agency:

National Science Foundation (NSF)

 

Opportunity Number:

24-582

 

Description:

The NSF SBIR/STTR and SBIR/STTR Fast-Track pilot programs support moving scientific excellence and technological innovation from the lab to the market. By funding startups and small businesses, NSF helps build a strong national economy and stimulates the creation of novel products, services, and solutions in private, public, or government sectors with potential for broad impact; strengthens the role of small business in meeting federal research and development needs; increases the commercial application of federally supported research results; and develops and increases the US workforce, especially by fostering and encouraging participation by socially and economically disadvantaged and women-owned small businesses.


These NSF SBIR/STTR Fast-Track pilot programs provide fixed amount cooperative agreements for the development of a broad range of technologies-based on discoveries in science and engineering with potential for societal and economic impacts. Unlike fundamental or basic research activities that focus on scientific and engineering discovery itself, the NSF SBIR/STTR Fast-Track pilot programs support the creation of opportunities to move use-inspired and translational discoveries out of the lab and into the market or other use at scale, through startups and small businesses.


NSF seeks unproven, leading-edge, technology innovations that demonstrate the following characteristics:

  • The innovations are underpinned and enabled by a new scientific discovery or meaningful engineering innovation.

  • The innovations still require intensive technical research and development to be fully embedded in a reliable product or service.

  • The innovations have not yet been reduced to practice by anyone and it is not guaranteed, at present, that doing so is technically possible.

  • The innovations provide a strong competitive advantage that are not easily replicable by competitors (even technically proficient ones).

  • Once reduced to practice, the innovations are expected to result in a product or service that would either be disruptive to existing markets or create new markets/new market segments.

 

The NSF SBIR/STTR Fast-Track pilot programs focus on stimulating technical innovation from diverse entrepreneurs and start-ups by translating new scientific and engineering concepts into products and services that can be scaled and commercialized into sustainable businesses with significant societal benefits.


Eligibility:

Small businesses concerns

 

Award Details:

Total Amount Available:

$56,000,000

 

Maximum Award:

$1,555,000

 

Minimum Award:

$400,000

 

Deadline:

Applications Due September 18, 2024

 

 

Grant Management Associates has years of experience with opportunities like this one. Contact us today for a consultation.

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