The USDA has announced its latest funding opportunity for the Small Business Innovation Research and Technology Transfer Programs (SBIR/STTR). This announcement presents a significant chance for small businesses to engage in innovative agricultural research and development, promoting the growth of small enterprises in the sector.
Key Dates to Remember
- Posted Date: July 2, 2024
- Closing Date: September 17, 2024
Eligibility Criteria
Eligibility for the USDA SBIR/STTR programs is straightforward: small businesses and small proprietorships that are profit-oriented are encouraged to apply. Each applying organization must qualify as a small business concern dedicated to research or research and development. For additional details, refer to the Request for Applications (RFA).
Funding Details
- Funding Opportunity Number: USDA-NIFA-SBIR-010774
- Assistance Listing Number: 10.212
- Estimated Total Program Funding: $15,500,000
- Range of Awards: $125,000 – $181,500
- Cost Sharing or Matching Requirement: No Match Required
- Percent of Applications Funded: 15%
- Learn More Here đ https://www.nifa.usda.gov/grants/funding-opportunities/small-business-innovation-research-small-business-technology-transfer
Contact Information
- For More Information Contact: Melinda Coffman
- For Electronic Access Problems: grantapplicationquestions@usda.gov
Importance of this Opportunity
The USDA SBIR/STTR programs are designed to foster innovation among small businesses by providing crucial funding to support early-stage research and development. With an estimated total program funding of $15.5 million, this initiative aims to drive advancements in agricultural technologies and practices.
How to Prepare
- Review the RFA: Ensure your small business meets all the eligibility criteria and understands the submission requirements.
- Prepare Your Proposal: Develop a comprehensive and compelling proposal that outlines your research objectives, methodology, and potential impact.
- Submit by the Deadline: All applications must be submitted by September 17, 2024. Late submissions will not be considered.
The USDA’s SBIR/STTR programs represent a unique opportunity for small businesses to contribute to the advancement of agricultural research and development. With significant funding available and no cost-sharing requirement, this program is an excellent avenue for innovative enterprises looking to make a substantial impact.
Ready To Take the Next Step?
We assist our clients in locating, applying for, and evaluating the outcomes of non-dilutive grant funding. We believe non-dilutive funding is a crucial tool for mitigating investment risks, and we are dedicated to guiding our clients through the entire processâfrom identifying the most suitable opportunities to submitting and managing grant applications.