During open office hours and chats on Clubhouse’s Pitch Club, one of our most frequent questions is, “is my business SBIR ready”? A common mistake many first-time grant applicants make is to assume that because they have a shiny, new, attractive product, they are a natural fit for the program. Unfortunately, the product is only a small component of what makes a company a good fit for SBIR. Reviewers will also consider the overall maturity of the business, the team, and business plans for future sales.
Determining readiness for the Small Business Innovation Research (SBIR) program requires an in-depth knowledge of the SBIR program. Becoming an expert in this focus area requires time and experience that many SBIR applicants do not have. Fortunately, a visit to the E.B. Howard Consulting Knowledge Vault can overcome the knowledge barrier. Our team designed the SBIR Readiness Checklist with potential applicants in mind who seek guidance on their readiness as a business.
SBIR is about so much more than a flashy idea. There are clear indications of a company’s readiness and the likelihood of success. This 5-page download is full of tips and best practices to let a company know whether or not they are SBIR ready.
We work with high-growth startups and organizations that support the startup and innovation ecosystem. We build highly specific non-dilutive funding menus, provide proposal preparation services, and measure outcomes of funding through evaluation. Schedule a consult call with us HERE.