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Who can apply for an SBIR grant?

on January 20, 2014

Who can apply for an SBIR grant?

Small Business Innovation Research program (SBIR) grants can be a key source of funding for early-stage healthcare entrepreneurs ahead of seeking out venture capital and other types of investors, who would take shares of the company away from the founder.

The Department of Health and Human Services and the National Science Foundation are among the program's participants. In the last fiscal year alone, the National Institutes of Health awarded more than $16 billion in SBIR funding to small businesses.

Only U.S.-based small businesses are eligible for SBIR grants. Startups must meet these qualifications:

  • American-owned and independently operated
  • For-profit
  • Employing 500 people or fewer
  • Principal researcher employed by the business

See the full SBIR Eligibility Guide for more detailed information.

FAQs are a weekly feature on eMed for current and aspiring healthcare entrepreneurs.

Category:  Creation  Tags:  FAQ, SBIR, grant

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