Stacy L ChinFounder, KeepYourEquity · I get the government to write you checks

How to Get $2 MILLION of non-dilutive funding for Science and Tech Startups | NSF Seed Fund Program

23 Jun 2023 · 1 min

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In this brief presentation, Stacy Chin explains that the National Science Foundation (NSF) can award up to $2 million in non‑dilutive funding to science and technology startups through the NSF America’s Seed Fund, which mirrors the federal SBIR/STTR programs. She outlines the four‑step application pathway: first submitting a project pitch, then a full Phase I application if the pitch is accepted, followed by a Phase II application that advances R&D toward commercialization, and finally an optional Phase IIB application to further scale commercialization. Chin emphasizes that each phase is designed to help startups develop and commercialize technology without giving up equity. She concludes with a call to action, directing viewers to the website keepyourfb.co where a step‑by‑step NSF Project Pitch template is available to help applicants get their pitch approved.

Chapters

The National Science Foundation can actually give away up to $2 million of non-diluted funding to your science and tech startup. And this is done through the National Science Foundation's America's Seed Fund program, which is actually their version of the SBIR and STTR program. First, you have to submit a project pitch application. And then if your project pitch was accepted, you then proceed to prepare and submit your full Phase I application. If you are a Phase I SBIR/STTR awardee, You will then proceed to prepare and submit your Phase II application, and that helps you to prepare your R&D efforts and position them towards commercialization. And if you've become a Phase II awardee, you'll have another opportunity to continue your commercialization efforts through a Phase IIB application. So, are you going to apply to see if you qualify to get $2 million of non-dilutive funding from the NSF? If so, we can help you get started. Check out our website at keepyourfb.co, and you'll find the NSF Project Picks template that guides you step by step exactly how to get your project pitch approved.