Small businesses are at the heart of America, and a crucial part of our robust economy. Being that they are so important to the health and wealth of our country, there are many resources that provide support. By exploring your options and taking advantage of the available resources, you could help expand your small business and increase revenue.
The Small Business Innovation Research (SBIR) program aims to connect domestic small businesses with the Federal Research/Research and Development (R/R&D) for potential commercialization that could serve to be profitable for small businesses. SBIR believes that the competitive nature of the awards-based program pushes small businesses to explore their technological capabilities, as well as foster an entrepreneurial spirit in the United States. SBIR offers many awards that include funding if approved. The money comes from eleven Federal agencies that participate in the SBIR program by giving awards to small businesses. Federal agencies with extramural research and development budgets that exceed $100 million are required to allocate 2.8% to programs such as SBIR.
Follow the link below to see where you can apply for awards and funding to receive up to $1,000,000 for your small business:
The U.S. Small Business Administration (SBA) is an independent agency of the Federal government that works to assist and protect small businesses. SBA recognizes the importance of small businesses to drive our economy, and understand the challenges they face in today’s competitive global community. They offer one-on-one counseling, training, and support through more than 940 resource partners located all over the country. SBA boasts an intricate support system composed of universities, and economic development agencies available for free advising. A business mentor can help you develop your business model, market your business, manage your capital, and all other aspects of your business. As well as district offices, SBA also works with local resource partners such as, SCORE, Small Business Development Centers, and Women’s Business Centers. Between all of these resources, there are more than 13,000 counselors, mentors, and trainers available across the country. As well as mentorships, SCORE also offers more than 10,000 educational workshops and seminars. These cover topics from fundamentals of a business plan, to in-depth training.
To learn more about the extensive resources available to you, or to get connected with a mentor visit www.sba.gov