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Small Business Innovation Research (SBIR) Grants: The Very Best Way to Fund Your Business

Post Date:
January 07, 2015
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Raising venture capital or angel financing are the sought-after ways of enabling your startup dream. The process of raising venture capital is time consuming, and at the end of the day, you’ll give up anywhere between 30-60 percent of your company in your first round. But if you are developing advanced technologies where there’s a considerable amount of technical risk, there’s an alternative to selling off huge chunks of your company.The SBIR/STTR programs provide support for the physical sciences (advanced materials, nanotechnology, electronics, telecom), biological sciences, health-related issues and advanced computing. You probably won’t find much in the way of federal funding for a web company or social media startup that doesn’t have a lot of technical risk, but if you’re on the leading (bleeding) edge, you should leverage your capital with government money. Read More ...

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