SBIR Advance Apps Now Open

by Taylor Kennedy

The Center for Technology Commercialization (CTC) is now accepting applications from small businesses for its 18th round of the SBIR Advance grant, the organization announced recently.

“The SBIR Advance Phase II program … is focused on helping companies gain the traction needed to attract investors and strategic partners,” SBIR Advance Program Manager Brian Walsh said in a statement. “To our next round of teams, we can’t wait to work with you and help you achieve key milestones in your path to commercialization.”

According to a release, SBIR Advance matches up to $100,000 in funding to provide additional 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.

To be eligible, the applicant companies must be based in Wisconsin, have an SBIR/STTR project in either Phase I or Phase II of funding and complete the “intent to Apply” form by 9 a.m. Oct. 25.