Life science incubators, coworking spaces, classroom labs… innovation often comes from humble beginnings. And thanks to small business innovation research (SBIR) grants, it can get the help it needs to grow.
If your startup is focused on technological innovation, SBIR grants can help you get to that next step in your company’s history. An initiative of the Small Business Administration (SBA), SBIR grants help fledgling companies in areas like agriculture, aeronautics, healthcare, defense and education—disciplines known for innovation and development. And sometimes, all it takes is a financial nudge to help spur that growth.
But how do you get started? And how do you manage the SBIR grant accounting, audit and tax of these crucial funds? SBIR grants have rules governing their use and documentation. That’s likely the last thing on your mind… which is why we’re here to help.