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

NIH SBIR Contracts for Startups

12 Dec 2023 · 0 min

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In this brief conversation, the speakers explain that NIH SBIR solicitations include both grant and federal contracting pathways, with the contracting route imposing more specific reporting requirements and stricter intellectual‑property sharing rules than a typical innovation grant. Stacy Chin advises entrepreneurs to consult the program officer to clarify these regulations and determine if the opportunity aligns with their startup’s needs.

Another example of federal contracting is also the NIH SBIR solicitation, where they also have both the SBIR grants and SBIR federal contracting as well, too, where the reporting requirements and the need is more specific compared to a regular generic call for just new innovations out there.
Because these federal agencies are providing you the necessary funding to support these innovation and your startup, there might be more reporting requirements or stricter IP sharing regulations. So you want to make sure you talk to the program officer or just inquire about what those regulations are so you can understand whether or not this is the right opportunity for you.