The Indiana Economic Development Corporation wants to bring awareness to new and existing resources available for the state’s emerging innovation ecosystem. The IEDC will host a series of SBIR/STTR-focused webinars, events, and 1:1 advising opportunities to bring partners, thought leaders, entrepreneurs, and small businesses together. The SBIR/STTR program provides critical, non-dilutive funding to help Hoosier businesses commercialize their technology. Whether you are looking to apply for the first time or have already been awarded an SBIR/STTR, you won’t want to overlook these resources.
Learn All About:
SBIR/STTR Programs
SBIR/STTR programs are the largest source of early-stage technology financing in the United States. SBIR/STTR programs are highly competitive and encourage small businesses to explore their technological potential. Funding is available from 11 participating agencies throughout the United States and focus on various technological areas.
Phase I: Matching Grants
Investment Level:
Up to $50k Per Award
In Indiana, we match $0.50 towards every federal dollar awarded, up to $50k in Indiana match per Phase I federal award. Any given company, including subsidiaries, has a lifetime maximum of $150k in total Indiana match.
Qualifications:
Headquartered in Indiana
SBIR/STTR Phase I awards at the federal level
Phase II: Matching Funds
Investment Level:
Up to $75k Per Investment
In Indiana, we match $0.50 towards every federal dollar awarded, up to $75k in Indiana match per Phase II federal award to directly support commercialization efforts. Any given company, including subsidiaries, has a lifetime maximum of $150k in total Indiana match.
Qualifications:
Headquartered in Indiana
SBIR/STTR Phase II awards at the federal level
We Can Help:
Application Assistance
Experienced SBIR/STTR Advisors help you navigate the application complexities, provide valuable feedback on proposals, and assist with support letters.
Overall education on the SBIR/STTR program
SBIR/STTR Insights: Hands-on experience from guided advisors
Strong letters of support to drive application success