BioConnect Iowa helps Iowa entrepreneurs prepare winning applications for the federal Small Business Administration’s Small Business Innovation Research and Technology Transfer (SBIR/STTR) programs, which award funds to qualifying businesses to stimulate high-tech development in the U.S. and to meet the nation’s research and development needs.
The Program Has
Businesses that qualify for the Outreach Program work with Grow Emerging Companies, an R&D funding consulting firm, to evaluate Phase I SBIR/STTR ideas.
BioConnect Iowa pays 100% of the cost of one-on-one professional proposal assistance for qualifying SBIR/STTR Phase I and Phase II applications. This can represent a potential cost saving of between $2,000 – $14,000 for your business.
BioConnect Iowa provides financial assistance up to $50,000 to successful Phase I federal award recipients who apply from July 1st, 2023. A further $25,000 is awarded to eligible applicants on submission of a Phase II solicitation, for a total of $75,000 in potential financial assistance for qualifying businesses.