The Small Business Innovation Research (SBIR) program is a highly competitive U.S. government initiative designed to stimulate technological innovation among small businesses. It provides non-dilutive funding through grants and contracts to support high-risk, early-stage research and development (R&D). SBIR grants enable startups and SMEs to pursue innovative ideas without relinquishing equity, significantly aiding in bringing advanced technology solutions to market.
The SBIR program consists of three phases:
- Phase I: Awards ranging typically from $50,000 to $300,000 to test feasibility of innovative ideas.
- Phase II: Larger awards, generally from $1,000,000 to $2,000,000, focused on continued R&D and demonstration of commercial viability.
- Phase III: Commercialization phase where companies seek private funding or procurement opportunities, without additional SBIR funds.
Our comprehensive support includes eligibility assessment, proposal writing, commercialization planning, budget preparation, registration assistance (SAM, Grants.gov, SBA), and strategic advisory on agency-specific guidelines from entities like NIH, NSF, DOE, DoD, NASA.
Problem Description:Small businesses and startups often lack the expertise and resources required to successfully navigate the highly competitive SBIR grant application process, resulting in missed funding opportunities and stalled innovation.
Solution Description:CAPWAY LLC provides expert end-to-end SBIR application support, dramatically increasing the likelihood of securing funding. Our experienced consultants help startups identify appropriate funding opportunities, prepare compelling proposals, ensure regulatory compliance, and effectively position their innovative projects for federal investment.