Fueling Innovation: How SBIR Grants Propel Small Businesses

In this insightful episode, host Tom Dunlap demystifies the Small Business Innovation Research (SBIR) program—a pivotal federal initiative designed to provide R&D funding to qualifying small businesses. Drawing from his dual expertise as a former biotech startup founder and an attorney, Dunlap sheds light on the three-phase process of obtaining SBIR grants, sharing his firsthand experience with the program's substantial benefits, including a $150,000 phase one validation grant and a subsequent million-dollar award for technology actualization. He underscores the program's track record of success by highlighting household names like Qualcomm, Symantec, and iRobot as past recipients. This episode is a must-listen for small business owners and innovators looking to leverage SBIR grants for technological breakthroughs and market success. Tune in to discover how SBIR can be your springboard to innovation and join Tom Dunlap in exploring strategies to navigate this government-administered opportunity.