SBIR Advance opens 14th round of funding for high-tech small businesses

MADISON – The Center for Technology Commercialization (CTC) is offering a matching grant of up to $100,000 to provide additional assistance to companies in the process of completing a project in the federal Small Business Innovation Research (SBIR) or Small Business Technology Transfer (STTR) programs.

This is the 14th round of SBIR Advance funding dedicated by the Wisconsin Economic Development Corporation (WEDC) since SBIR Advance began in 2014.

“SBIR Advance enters its sixth year of providing commercialization assistance to our federal SBIR grant winners and continues to see successes with those funded teams. We’ve added new programming for Phase II winners to provide them experience and education in obtaining private funds from angel and venture investors; all with the goal of maximizing the chances of our companies in their commercialization goals,” said Dr. Todd Strother, CTC Senior Technology Consultant and SBIR Advance Program Manager.