MNSBIR assists seed, early stage, emerging and existing firms (1-500 employees) to strategically access non-dilutive federal funding through the annual $2.5B Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Programs. SBIR/STTR funding supports early stage technology that has the potential for commercialization across the spectrum of science, technology and engineering.
MNSBIR provides mentoring, training, financial and technical assistance for small, advanced technology businesses by helping them navigate these Programs. MNSBIR assists qualifying science and technology-driven small businesses with the following:
- small business research and development assistance,
- technology transfer from universities to small businesses,
- proposal development and mentoring for small businesses applying for SBIR/STTR funding; and,
- commercializing technology developed through SBIR/STTR grants or contracts.
MNSBIR is funded in part through a Cooperative Agreement with the U.S. Small Business Administration, Minnesota Department of Employment and Economic Development, University of Minnesota, Office of Technology Commercialization and MHTA.