Stacy Chin walks through the NSF SBIR program, which gives startups up to $275,000 in non-dilutive funding over 12 months. Phase 1 lets you keep full equity while testing whether your technology actually works and has a market.
This is a highly competitive program where startups can secure funding to support their innovative ideas without giving away their company's equity. And this is great for startups looking to maintain full control while scaling the operation. Now, the NSF SBIR program is broken up into different phases. In Phase 1, your job is to validate the technical feasibility and commercial potential of the proposed R&D efforts, offering up to $275,000 for a 12-month proposed project.
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How to Get Invited to Apply for $305K in NSF SBIR Funding || Step-by-Step Guide
