StartUp Texas, in collaboration with the Brownsville Community Improvement Corporation (BCIC) and the Texas A&M Engineering Experiment Station (TEES), invites you to join the SBIR/STTR Innovation Competition! With $330,000 in funding, expert mentorship, and access to growth opportunities, your promising business concept can turn into a thriving venture in the field of software development, green tech, biotech, and more. Read through the whole post to learn more about eligibility. The deadline to apply has been extended to August 24th! Apply today: http://startuptexas.com/accelerator (link in bio) – More information about SBIR/STTR: SBIR (Small Business Innovation Research) and STTR (Small Business Technology Transfer) are programs funded by the U.S. government to encourage innovation among small businesses. They're meant to promote growth in technology and research, and here's how they work. SBIR: • Phase I - Feasibility Study: Small businesses can apply for funding to explore whether their innovative idea is possible. This is like the experimental stage, where they test whether the concept works. • Phase II - Development and Scaling: If the idea proves feasible, they can get more funding to develop it further and start producing it on a larger scale. • Phase III - Market Entry: This phase involves making the product available to the public, but government funding typically stops here. Businesses need to find other resources to market and sell their product. STTR: STTR is similar to SBIR but requires collaboration with a research institution. The STTR program can provide support if you have a promising idea but need expertise from a university or other research entity. Both programs are competitive, meaning you must apply and be selected among other applicants. The idea is to bridge the gap between having an innovative idea and getting it to market. They help small businesses take risks on new and exciting technologies that might not otherwise have a chance.

StartUp Texas, in collaboration with the Brownsville Community Improvement Corporation (BCIC) and the Texas A&M Engineering Experiment Station (TEES), invites you to join the SBIR/STTR Innovation Competition!

With $330,000 in funding, expert mentorship, and access to growth opportunities, your promising business concept can turn into a thriving venture in the field of software development, green tech, biotech, and more. Read through the whole post to learn more about eligibility.

The deadline to apply has been extended to August 24th! Apply today: http://startuptexas.com/accelerator (link in bio)

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More information about SBIR/STTR:

SBIR (Small Business Innovation Research) and STTR (Small Business Technology Transfer) are programs funded by the U.S. government to encourage innovation among small businesses. They're meant to promote growth in technology and research, and here's how they work.

SBIR:
• Phase I - Feasibility Study: Small businesses can apply for funding to explore whether their innovative idea is possible. This is like the experimental stage, where they test whether the concept works.
• Phase II - Development and Scaling: If the idea proves feasible, they can get more funding to develop it further and start producing it on a larger scale.
• Phase III - Market Entry: This phase involves making the product available to the public, but government funding typically stops here. Businesses need to find other resources to market and sell their product.

STTR:
STTR is similar to SBIR but requires collaboration with a research institution. The STTR program can provide support if you have a promising idea but need expertise from a university or other research entity.

Both programs are competitive, meaning you must apply and be selected among other applicants. The idea is to bridge the gap between having an innovative idea and getting it to market. They help small businesses take risks on new and exciting technologies that might not otherwise have a chance.