ELEVATE IDAHO is a new program developed by the Regional Economic Development for Eastern Idaho (REDI), the Idaho Procurement Technical Assistance Center (PTAC), and the Idaho Small Business Development Center (SBDC) to connect Idaho entrepreneurs with the resources they need to take their ventures to the next level of success.
Under ELEVATE IDAHO, REDI, PTAC and SBDC pulled together a unique partnership with statewide leaders to launch the Idaho SBIR/STTR Virtual Innovation Center. Idaho SBIR/STTR Virtual Innovation Center consists of a strong statewide network of mentors with expertise in the SBIR/STTR Grant Program. This unique partnership brings together the resources required to build and expand a robust SBIR/STTR program in Idaho and to assist Idaho businesses to apply for federal funding through the Small Business Innovation Research (SBIR) and the Small Business Technology Transfer (STTR) programs. The SBIR and STTR grant programs are non-dilutive funds dedicated to the research and development of new technologies with commercial value. So, what are non-dilutive funds? They are funds that do not require businesses to give up equity or ownership of their company.
The Idaho SBIR/STTR Virtual Innovation Center is the epicenter for all SBIR/STTR activities in Idaho. The Center provides virtual training and educational workshops, virtual one-on-one consulting, virtual writing assistance, virtual proposal reviews, virtual assistance with strategic commercialization planning, and real-time collaboration between researchers, entrepreneurs, innovators, start-ups, and tech-based economic development partners across Idaho. The Center also provides the means to bring together collaboration opportunities that would not otherwise have taken place, and most importantly, strengthen Idaho’s regional and statewide entrepreneurial and research ecosystem.
Whether you are a beginner, or a novice in the grant process, the Idaho SBIR/STTR Virtual Innovation Center Team is here to assist you every step of the way. The Idaho SBIR/STTR Virtual Innovation Center is administered through Regional Economic Development for Eastern Idaho (REDI), Idaho Procurement Technical Assistance Center (PTAC), and the Idaho Small Business Development Center (SBDC) in Idaho Falls.
Interested in learning more about the SBIR and STTR Programs? We encourage you to attend the following:
SBIR (Small Business Innovation Research) and STTR (Small Business Technology Transfer) grants fund small businesses research and development (R&D) projects. Every year, the federal government sets aside $3.6 billion to help small businesses minimize risk so innovative technology moves to commercialization.
There are eleven federal agencies that participate under the SBIR program, five of which also participate in the STTR program. Both programs are congressionally mandated programs. These non-equity dollars are set aside to assist in moving forward a company’s research and development efforts. Because they are non-dilutive federal dollars, there is no loss of equity or ownership, and no payback of funds required.
There is approximately $3.6 billion dollars available under eleven federal agencies to fund small business research and development through the SBIR and STTR programs. These dollars are offered in competitive phases:
SBIR/STTR funds can be used for:
SBIR/STTR funds cannot be used for:
However, a reasonable fee or profit of up to 7% can be included in the budget. These funds can be used at the discretion of the small business in any category.
All companies that possess an Idaho business license and are eligible for the federal SBIR/STTR program. Individuals can contact the Idaho SBIR/STTR Virtual Innovation Center Team to learn more.
The company must meet the following federal requirements:
To apply for SBIR or STTR funding, you may:
The information outlined is a brief overview to guide you through the process. Please do not hesitate to contact the Idaho SBIR/STTR Virtual Innovation Center Team if you have questions or require assistance. Additionally, we encourage you to participate in our Workshop sessions to learn more about the program, the process, and the tools to develop and move your application forward.
We offer a full range of services to small businesses interested in SBIR and STTR funding. Services include:
The SBIR Road Tour is a national outreach effort connecting entrepreneurs working on advanced technologies directly to Federal agencies and the resources they have to support technology commercialization. Since its inception in 2015, the SBIR Road Tour has visited every state and Puerto Rico. These stops have brought together local innovation ecosystems around the country and connected entrepreneurs to additional resources to help their small businesses start and grow.
In the past, the yearly SBIR Road Tour has been held in Idaho Falls and Boise. Due to COVID, the 2020 Road Tour was held virtually. The 2021 Road Tour will be a national virtual tour. For more information on the Idaho SBIR Road Tour, please click on the following link: SBIR Road Tour – Seeding America's Future Innovations.
Agencies are mandated by Congress to participate in the SBIR program when their extramural research budget is greater than $100 million and under the STTR program when it is over $1 billion. Currently, 11 agencies participate in the SBIR program, of which, five also participate in the STTR program. A list of Agencies can be found by clicking the following link - SBIR-STTR Agency Contacts. You will also find a list below:
For links and guidance on SBIR and STTR funding you can go to: SBIR.gov or any of the individual agencies listed above. There are more than 7,000 possibilities or combinations for federal funding under the SBIR/STTR programs.
You can also search for open topics at: Open Topic Search
Nothing! There is no loss of technology ownership, no loss of intellectual property, and no payback of funds. There is a clause in the award language, however, authorizing the federal government to license the technology in a national emergency. Which has rarely ever happened.
The Idaho SBIR/STTR Virtual Innovation Center offers the following:
Check back here for the latest updates on Elevate Idaho!
View the SBIR/STTR Newsletter.
Idaho Success Stories (more information forthcoming).
Learn more about the Idaho 2021 Road Tour.
PTAC Counselor & SBIR Representative
The Idaho SBIR/STTR Virtual Innovation Center Satellite Offices are strategically located across the State of Idaho. Partners include: