As an inventor, the process of bringing your product to market can be both challenging and expensive. Fortunately, there are several grants available in the USA to help inventors develop and bring their products to market.
Table of contents
- Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs
- National Science Foundation (NSF) Small Business Programs
- National Institutes of Health (NIH) Small Business Programs
- Department of Energy (DOE) Small Business Innovation Research (SBIR) program
- Department of Defense (DOD) Small Business Innovation Research (SBIR) program
- Conclusion
Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs
The SBIR and STTR programs are provided by the federal government and are designed to support small businesses engaged in research and development (R&D). The SBIR program provides funding for the development of innovative technology-based products, while the STTR program provides funding for cooperative R&D efforts between small businesses and research institutions.
For more information, visit the SBIR and STTR program website at https://www.sbir.gov/.
National Science Foundation (NSF) Small Business Programs
The NSF provides funding and support to small businesses engaged in cutting-edge research and development in science and technology. The NSF provides funding through various programs, including the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs.
For more information, visit the NSF website at https://www.nsf.gov/sbe/sbir/.
National Institutes of Health (NIH) Small Business Programs
The NIH provides funding and support to small businesses developing innovative products and technologies in the life sciences. The NIH provides funding through various programs, including the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs.
For more information, visit the NIH website at https://sbir.nih.gov/.
Department of Energy (DOE) Small Business Innovation Research (SBIR) program
The DOE provides funding to small businesses engaged in R&D in the areas of energy, science, and technology. The DOE SBIR program provides funding for the development of innovative technology-based products in these areas.
For more information, visit the DOE SBIR program website at https://www.energy.gov/eere/sbir/.
Department of Defense (DOD) Small Business Innovation Research (SBIR) program
The DOD provides funding to small businesses engaged in R&D in areas related to defense and national security. The DOD SBIR program provides funding for the development of innovative technology-based products in these areas.
For more information, visit the DOD SBIR program website at https://www.acq.osd.mil/osbp/sbir/programs/dod/index.shtml.
These are just a few of the grants available to inventors developing products in the USA. It's important to note that grant application processes can be competitive and time-consuming, so be sure to carefully review the eligibility criteria and requirements for each grant before applying.
Conclusion
There are several grants available in the USA to help inventors bring their products to market. From the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs provided by the federal government, to programs offered by the National Science Foundation (NSF), National Institutes of Health (NIH), Department of Energy (DOE), and Department of Defense (DOD), there are many resources available to support inventor's R&D efforts. Consider these grants as a valuable resource for your product development journey.