MassChallenge hosted an event to help startups find grants, entitled "Startups & the NSF SBIR program: Investments to fuel growth."
Government Grants
- Application pages
- National Science Foundation (NSF): 15
- National Institute of Health: 6
- 1-year wait for the money to come in
- NSF protects IP
- Focused on R&D and tech-focused innovative requirements — must have high risk where project may fail
- They will comment on your application for the next round if you fail in this round, so address why you lost and how you are addressing the shortcomings identified
- About 1/15 get funded
- Choose a topic to list within
- Meet with those who have written grants before, and those who review grants within the government organization
Businesses that get accepted, on average have:
- 4-10 employees
- Incorporated less than 5 years ago
- Ability to spend $150k in 6 months
