{"id":5468,"date":"2024-06-13T05:15:00","date_gmt":"2024-06-13T05:15:00","guid":{"rendered":"https:\/\/ausgrant.com.au\/?p=5468"},"modified":"2024-06-13T05:27:57","modified_gmt":"2024-06-13T05:27:57","slug":"small-business-innovation-research-program","status":"publish","type":"post","link":"https:\/\/ausgrant.com\/au\/small-business-innovation-research-program\/","title":{"rendered":"Small Business Innovation Research Program"},"content":{"rendered":"<div class=\"entry\">\n<p><span style=\"text-decoration: underline;\"><strong>About&nbsp;<\/strong><\/span><\/p>\n<p>The Small Business Innovation Research Program aims to encourage domestic small businesses to engage in R&amp;D activities that have the potential for commercialization. This program aims to promote scientific and technological innovation through incentives for eligible projects.<\/p>\n<p>The program is structured in three phases:<\/p>\n<ol>\n<li>Phase 1 is to establish the technical merit, evaluate the feasibility of the project and commercial potential. The award for Phase 1 normally does not exceed $150,000 in total over a 6 months period;<\/li>\n<li>Phase 2 is to continue and develop the project in Phase 1 further. Funding depends on the success and results achieved in Phase 1. This award is only eligible for Phase 1 awardees. The total cost normally does not exceed $1,000,000 over a 2 year period;<\/li>\n<li>Phase 3 is to pursue the commercialization of a successful R&amp;D project. There is no funding from the Small Business Innovation Research Program for Phase 3 however other federal agencies may have incentives.&nbsp; Phase 3 may involve activities such as production contraction or subsequent follow-ups on the project developed in Phase 1 &amp;2.<\/li>\n<\/ol>\n<p><span style=\"text-decoration: underline;\"><strong>Eligibility&nbsp;<\/strong><\/span><\/p>\n<p>Small domestic businesses that engage in eligible federal research and development projects that may have commercialization value.<\/p>\n<p><span style=\"text-decoration: underline;\"><strong>Available Funding<\/strong><\/span><\/p>\n<p>The award for Phase 1 is up to $150,000 in total over a 6 months period for eligible applicants. The award for Phase 2 is up to $1,000,000 over a 2 year period. The dollar amounts for the awards are adjusted for inflation. More information is available on the <a href=\"https:\/\/www.sbir.gov\/about\/about-sbir\">SBIR website<\/a>.<\/p>\n<p>For more information on your business\u2019s eligibility, contact us <a href=\"https:\/\/ausgrant.com.au\/contact-us\/\">here<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>About&nbsp; The Small Business Innovation Research Program aims to encourage domestic small businesses to engage in R&amp;D activities that have <a href=\"https:\/\/ausgrant.com\/au\/small-business-innovation-research-program\/\" style=\"float:right; padding-bottom:10px;\"><br \/><\/a><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-5468","post","type-post","status-publish","format-standard","hentry","category-latest-news"],"aioseo_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Small Business Innovation Research Program - AusGrant - Leading R&amp;D Grant Writers<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ausgrant.com.au\/small-business-innovation-research-program\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Small Business Innovation Research Program - AusGrant - Leading R&amp;D Grant Writers\" \/>\n<meta property=\"og:description\" content=\"About&nbsp; 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