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The One North Carolina Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Phase I Matching Funds Program is designed to award matching funds to North Carolina
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How to fill out sbirsttr matching funds program

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How to fill out SBIR/STTR Matching Funds Program

01
Review the eligibility requirements for the SBIR/STTR Matching Funds Program.
02
Prepare a detailed project proposal that aligns with the program's objectives.
03
Gather necessary documentation, including proof of prior SBIR/STTR funding.
04
Complete the application form accurately, ensuring all required fields are filled.
05
Include a budget breakdown that clearly outlines how the matching funds will be utilized.
06
Submit the application before the deadline, ensuring adherence to all submission guidelines.
07
Follow up with the program's administrative office for any updates or to address any questions.

Who needs SBIR/STTR Matching Funds Program?

01
Small businesses engaged in research and development.
02
Startups seeking additional funding to leverage previous SBIR/STTR grants.
03
Companies looking to enhance their capacity to commercialize innovations.
04
Organizations focused on technology development in various fields including health, energy, and defense.
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People Also Ask about

Are you a startup considering applying for SBIR/STTR funding? If so, you're probably aware that the success rate of a Phase I SBIR/STTR is relatively low (between 13% and 15% for first-time Phase I applicants) . However, there is one program that can significantly increase your chances of success: the I-Corp program.
State matching funds provide additional funding to help companies bring technologies to market and advance job creation and economic development in their state through Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) projects.
An SBIR award gives flexibility in partnering with subcontractors and allows up to 33% of the funding to be used for partners. An STTR award requires that 40% of the funding goes to a research institution, 30% goes to the small business applicant and 30% is discretionary.
Success Rates and Expectations When applying for SBIR or STTR grants, it is important to manage expectations. Overall, Phase I grants have around a 20% success rate, while Phase II has around a 40% success rate.
The Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs at the U.S. Department of Agriculture (USDA) offer competitively awarded grants to qualified small businesses to support high quality research related to important scientific problems and opportunities in agriculture
About 6 months after you submit, you'll be notified about funding.
In general, SBIR/STTR Phase I proposals have about a 9-15% probability of success (although the odds improve for well-planned and written proposals that adhere to agency-specific requirements), and it takes about nine months for receipt of actual funding.

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The SBIR/STTR Matching Funds Program is a government initiative designed to support small businesses engaged in research and development by providing matching funds to enhance the commercialization potential of their innovative technologies.
Small businesses that have received an SBIR or STTR award and seek additional funding to support the development and commercialization of their projects are required to file for the SBIR/STTR Matching Funds Program.
To fill out the SBIR/STTR Matching Funds Program application, eligible small businesses must provide detailed information about their project, including a description of the technology, scope of work, project budget, and expected outcomes, along with supporting documentation.
The purpose of the SBIR/STTR Matching Funds Program is to stimulate technological innovation, encourage small businesses to engage in federal research and development, and bridge the gap between business and the marketplace by fostering public-private partnerships.
Information that must be reported includes project performance metrics, financial statements, use of funds, project timelines, and any other data relevant to the progress and success of the funded project.
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Relevant keywords

SBIR STTR North Carolina funding small business technology transfer innovation economic development grant application Phase I funding

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