Small Business Innovation Research Phase IIB Bridge Awards
Page 2

The SBIR program is comprised of three stages: Phase 1 is where small business establish feasibility and technical merit of their proposed area of study, Phase 2 is where these people move forward to research and development efforts in order to advance their technology towards ultimate commercialization, and Phase 3 where they're supposed to have fully commercialized their technology using non-SBIR funds, which would mean they'd have to find a third-party financier.

The NIH has discovered that the small business concerns find it rather hard to move into Phase 3, due to the shortage of third-party funding.

In response, the NIH has developed the SBIR Phase 2B program where they will provide funding to small business concerns in need of such finances.

The NIH will give priority to projects that address one of the following areas: cancer therapeutics, cancer imaging technologies, interventional devices, and in vivo diagnostics, and in vitro and ex vivo cancer diagnostics and prognostics.

The NIH will administer a total amount of $10,000,000 which will be divided into 10 awards.

Eligible applicants for this program are small business concerns who, at the time of award of Phase I and Phase II, meets all of the following criteria:

a) Is organized for profit, with a place of business located in the United States, and operates primarily within the United States and makes a significant contribution to the United States economy by way of payment of taxes or use of American products, materials or labor

b) Is in the legal form of an individual proprietorship, corporation, joint venture, association, trust or cooperative, partnership, or limited liability company

c) Is at least 51% owned by individual(s) who are citizens of, or permanent aliens in, the United States

d) Does not have more than 500 employees.



Small Business Innovation Research Phase IIB Bridge Awards
  Back to Page 1

About The Author The TopGovernmentGrants Editorial Staff maintains one the most comprehensive Websites offering information on government grants and federal government programs. The staff also provides resources to other Websites with information on environmental grants and grants for youth programs.

Additional Resources

category - Small Business Grants

Small Business Innovation Research Phase IIB Bridge Awards
In line with this mission, the NIH has recently constituted the Small Business Innovation Research Phase IIB Bridge Awards to Accelerate the Development of Cancer Therapeutics, Imaging Technologies, Interventional Devices, Diagnostics, and Prognostics Toward Commercialization Program.

---

Department of Agriculture: Value Added Producer Grants
The Value-Added Producer Grants program is geared towards helping the Independent Producers of Agricultural Commodities, Agriculture Producer Groups, Farmer and Rancher Cooperatives, and Majority-Controlled Producer-Based Business Ventures in developing techniques that would create marketing opportunities and establish business plans involving viable marketing opportunities that involve the production of bio-based products from agricultural commodities.

---

Small Business Administration's Loan Guarantees Program
The Small Business Administration has established the Loan Guarantees Program wherein they aim to be able to provide guaranteed loans to small business establishments which are not capable of acquiring financing from a private credit marketplace but greatly manifests the ability to repay funds in a timely manner.

---

Small Business Grants - Support for Veterans
The SBA is dedicated to lend a hand to the service people in America and directly links with the Patriot Express Loan for veterans who desire to initiate their own business and want to start commercial activities. The SBA also plays a role in encouraging growth and job creation during the process, which is an indispensable part to support economic prosperity.

---