The National Science Foundation (NSF) is expected to release its latest SBIR/STTR Phase I solicitation soon, opening doors for innovative research and development projects. Here’s a preview of what to expect.
Submission Windows: Due by 5 p.m. in the organization’s local time
- September 4, 2024
- November 6, 2024
- March 5, 2025
General Information: The NSF SBIR/STTR programs provide non-dilutive funds for use-inspired research and development (R&D) of unproven, leading-edge technology innovations that address societal challenges.
Award Notification What You Need to Know: The National Science Foundation (NSF) typically takes 6–8 months to review and award Small Business Innovation Research (SBIR) and Small Business Technology Research (STTR) grant applications.
Estimated number of awards: 280 overall. With approximately 230-235 awards for SBIR Phase I per year, and approximately 45-50 awards for STTR Phase I per year, pending the availability of funds.
Anticipated Changes from the Previous Solicitation
- Expanded Eligibility Criteria: Broadened criteria to include more diverse applicants and projects.
- Increased Initial Funding: Higher initial funding limits to support robust early-stage development.
- Streamlined Application Process: Simplified application procedures to reduce administrative burden.
- Enhanced Focus on Diversity and Inclusion: Greater emphasis on projects that promote diversity and inclusion in STEM fields.
This is just the start. See more details here. 👉 https://new.nsf.gov/funding/opportunities/nsf-small-business-innovation-research-small-0
How We Can Help
Preparing for the NSF SBIR/STTR Phase I solicitation requires strategic planning and expertise. Ready to Prepare for Phase I? Let’s collaborate to enhance your proposal and maximize your chances for Phase I success.
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 process—from identifying the most suitable opportunities to submitting and managing grant applications.