Utah SBIR/STTR Center to Help Entrepreneurs Win Grants
| May 30, 2008 |  View for printing |
Entrepreneurs are about to get a helping hand in the search for funding as the SBIR/STTR Center readies to open in June. Organized by USTAR, the Governor’s Office of Economic Development (GOED), the Small Business Administration (SBA) and the Salt Lake Community College Miller Business Resource Center, the center aims to help entrepreneurs pursue and win Small Business Innovation Research (SBIR) and Science Technology Transfer and Research (STTR) grants from the U.S. federal government.
Each year, the federal government provides millions in funding to small businesses. The SBIR program funds early-stage research and development. The STTR program is designed to facilitate collaboration between small businesses and research institutions. According Michael O’Malley of USTAR, though millions are granted through these programs annually, very few of Utah’s small businesses are receiving SBIR and STTR funding. In fact, Utah’s entrepreneurs received only .53 percent of total funds awarded in previously years.
by Sarah Ryther Francom
Full Story: http://www.utahbusiness.com/parser.p ... cle_id=7126
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